September 23, 2023
"While mortgage rates trended upward in 2022, one unintended side effect of global uncertainty is that it often results in downward pressure on mortgage rates."
"Geopolitical events play an important role in impacting the long end of the yield curve and mortgage rates. For example, in the weeks following the ‘Brexit’ vote in 2016, the U.S. Treasury bond yield declined and led to a corresponding decline in mortgage rates."
"Geopolitical tensions caused U.S. Treasury yields to recede this week . . . leading to a drop in mortgage rates. While inflationary pressures remain, the cascading impacts of the war in Ukraine have created market uncertainty. Consequently, rates are expected to stay low in the short-term but will likely increase in the coming months."
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Buyer demand has moderated from the pandemic peak, but it hasn’t disappeared.
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Now’s the time to capitalize on the low inventory and multiple offers in today’s sellers’ market.
October 3, 2023
It’s important to work with a trusted real estate professional to discuss your needs.
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You might be worried you'll have a hard time finding your next home when you move.
September 28, 2023
It may be time to consider looking into new-home construction
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Living in a multigenerational household has real and impactful benefits.
September 27, 2023
Today’s housing market provides some challenges for first-time homebuyers
September 27, 2023
Buying a home can be daunting if you don't know the terms.
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