Wednesday's Fed Meeting and Your Home Sale: Warsh, Bonds, and the Questions That Protect You

New Fed chair Kevin Warsh speaks for the first time Wednesday, and he may loosen the rules on banks buying 10-year bonds. The Fed doesn't set your mortgage rate directly, but if bond buying picks up, mortgage rates tend to follow it down — and the SCV buyers who've been waiting will move fast, because most need a lower rate to afford the home, not just want one. In this episode I lay out what a Santa Clarita seller should do before that happens: price to the real comps from day one, audit you...