Mortgage rates have hit their lowest point in over a year and a half. And that’s big news if you’ve been sitting on the homebuying sidelines waiting for this moment. Even a small decline in rates could help you get a better monthly payment than you would expect on your next home. And the drop that’s […]
Dream Home Checklist
Pre-approved? Know what you can afford? That means it is time to start house hunting! The hunt for your dream home can stall quickly if you aren’t sure what your “dream” looks like. It’s easy to talk in generalities about wanting a “big” house or an “older” home, but in order to have a more […]
How the Federal Reserve’s Next Move Could Impact the Housing Market
Now that it’s September, all eyes are on the Federal Reserve (the Fed). The overwhelming expectation is that they’ll cut the Federal Funds Rate at their upcoming meeting, driven primarily by recent signs that inflation is cooling, and the job market is slowing down. Mark Zandi, Chief Economist at Moody’s Analytics, said: “They’re ready to cut, just as long as […]
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