September 26, 2022
“. . . the Fed has raised rates again, announcing yet another three-quarter-point hike on September 21 . . . The hikes are designed to cool an economy that has been on fire. . .”
“As the Federal Reserve moved into inflation-fighting mode, financial markets quickly put upward pressure on mortgage rates. Those elevated mortgage rates . . . coupled with sky-high home prices, threw cold water onto the housing boom.”
“As a general rule, when inflation is low, mortgage rates tend to be lower. When inflation is high, rates tend to be higher.”
“Mortgage rates remained volatile due to the tug of war between inflationary pressures and a clear slowdown in economic growth. The high uncertainty surrounding inflation and other factors will likely cause rates to remain variable, . . .”
September 26, 2023
Mortgage rates directly impact the monthly payment you’ll have on the home you purchase.
August 31, 2023
If you’ve been in your home for a while, you might have gained a considerable amount of equity, too.
August 30, 2023
Here’s a high-level overview of the connection between the inflation and housing market.
August 29, 2023
The latest data shows plenty of buyers are still out there, and they’re purchasing homes today.
August 28, 2023
Here’s some information you may find helpful on why and where your peers are buying.
August 23, 2023
If you’re thinking about selling your house, a strong job market, growing wages, and the resulting buyer demand is fantastic news.
August 17, 2023
Since most are paying on time, a wave isn’t coming.
August 16, 2023
More people are buying less expensive newly built homes right now while affordability remains a challenge.
August 15, 2023
There aren’t many homeowners who are seriously behind on their mortgage payments.
We’re here to work alongside you to help you make informed decisions when buying or selling your home or investment. Contact us to get started today.