Holden Lewis
Holden Lewis is an experienced mortgage reporter and spokesperson who has been covering the subject since 2001. He currently works at NerdWallet, where he breaks down complex topics for everyday readers. Before joining NerdWallet, he wrote for Bankrate during the housing boom and bust, providing insights on mortgages and real estate. Holden's tenure in the industry also includes serving as president of the National Association of Real Estate Editors and winning multiple writing awards. In his spare time, he splits his time between Jupiter, Florida, and Fort Worth, Texas. He is renovating a house in Fort Worth to return to live there after years away.
85%
The Daily's Verdict
This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.
Bias
100%
Examples:
No current examples available.
Conflicts of Interest
100%
Examples:
No current examples available.
Contradictions
85%
Examples:
- Inflation as measured by the CPI is higher than expected, yet mortgage rates could fall. This contradicts the statement that inflation is lower than expected.
- Mortgage rate predictions predict gradual drops in rates over the next couple of years, contradicted by the statement that there is very little chance of an interest rate cut.
Deceptions
50%
Examples:
- Surprising headlines could send mortgage rates on a wild ride.
- The back-to-back events could fuel volatility in mortgage rates, pushing them abruptly in one direction or the other.
Recent Articles
FOMC Meeting and CPI Report in June: Crucial Decisions Ahead for Interest Rates and Mortgage Markets
Broke On: Monday, 03 June 2024The upcoming FOMC meeting and CPI report on June 12 will determine interest rate decisions and their impact on mortgage rates, with the Federal Reserve having increased its benchmark federal funds rate eleven times since late 2022. The housing market faces challenges due to high mortgage rates and rising home prices, with the median monthly payment at $2,256 - a 7% increase from last year.