What’s Happening in the Mortgage Market? The U.S. government funds its annual budget deficits by selling Treasury Bills, Notes, and Bonds. Every few weeks, the Treasury Department holds auctions to sell this debt, and how these auctions go can influence mortgage rates. Here’s how it works: If there’s strong demand for these Treasuries, mortgage rates […]
From Bonds to Mortgages: Decoding the Market Moves Read More »
As we embark on 2025, the real estate market continues to evolve, presenting both challenges and opportunities. Whether you’re considering a move, looking to invest, or simply staying informed, being prepared is essential to navigate these changes confidently. For Movers: Assess Your Financial Readiness: With mortgage rates currently around 6.6%, it’s crucial to evaluate your budget
Navigating Market Currents: Staying Informed and Prepared Read More »
The Impact of Election Years on the Real Estate Market Presidential election years introduce unique dynamics into the housing market, primarily through three channels: uncertainty, policy expectations, and consumer confidence. These factors shape buyer and seller behaviors, influencing home sales, mortgage rates, and property values in nuanced ways. 1. Uncertainty and Volatility During election seasons, both buyers and
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The Federal Reserve made a significant move in its September 2024 meeting by cutting interest rates by 50 basis points, bringing the federal funds rate down from the 5.25%-5.50% range to 4.75%-5.00%. This marks the Fed’s first rate cut since the COVID-19 crisis, signaling a shift in focus from controlling inflation to supporting economic growth,
The FED Cut Impact on Your Wallet Read More »
Understanding Mortgage Refinancing Through Sarah’s Journey Refinancing a mortgage is a significant financial decision that can feel overwhelming, especially with all the options available. But let’s take a step back and look at it through Sarah’s eyes. Sarah and her husband, Mike, bought their first home five years ago. At the time, their credit scores
How Refinancing Helped Sarah Save Thousands Read More »
Have you ever wondered what it’s like to fish in Grand Lake Stream, Maine? At Camp Kotok, the experience is governed by strict rules. Your guide, risks losing their license for a year if you don’t have your own fishing license. You’re allowed to catch only one smallmouth bass per day, provided it measures less
From Fishing Licenses to Real Estate: Navigating New Rules with Confidence Read More »
Ever feel like the housing market is a roller coaster? Well, last week was no different. We had some interesting developments that might make you scratch your head and say, “Really?” So, let’s break it down. Inflation Readings Keep Fed on Track for September Rate Cut First up, let’s talk inflation. It sounds like a
Housing Market: What’s Happening Now? Read More »
Reverse mortgages can be a fantastic financial tool for many seniors, but they aren’t for everyone. Let’s dive into what you need to know to decide if it’s the right option for you or someone you care about. What is a Reverse Mortgage? Imagine being able to tap into the value of your home without
Is a Reverse Mortgage Your Best Option Read More »
Real estate has long been a reliable asset, offering both security and growth potential. As we navigate the current economic climate, characterized by high inflation and rising living costs, becoming a landlord presents a unique opportunity to provide valuable housing solutions. By understanding the challenges tenants face and adopting flexible, empathetic strategies, you can not
Successful RE Portfolio in Economic Uncertainty Read More »
Are you prepping to buy your first home? If so, one of the steps you should take early on is making sure you’re financially ready for your purchase. Here are just a few of the financial fundamentals you’ll need to focus on as you set out to buy your home. Build Your Credit Your credit is one
Financial Fundamentals for First-Time Homebuyers Read More »
