by MtgGuy | Aug 3, 2024 | Market Update
Real Estate News in Brief The Fed kept rates steady (again), but said that a rate cut on Sept 18 was definitely “on the table” given progress on inflation and the recent rise in the unemployment rate. The bond market rejoiced, helping to send average mortgage rates...
by MtgGuy | Aug 3, 2024 | Mortgage Updates
Buying a home is one of the most significant financial decisions you can make, and it’s natural to want to time your purchase perfectly. Many prospective buyers hold off, hoping for interest rates to dip before they take the plunge. However, this strategy can...
by MtgGuy | May 29, 2024 | Market Update
Week of May 20, 2024 in Review The pace of home sales declined in April, though the speed at which existing homes sold accelerated. Plus, a parade of Fed speakers and the minutes from their last meeting shed light on their views about inflation, the labor market, rate...
by MtgGuy | May 22, 2024 | Mortgage Updates
Embarking on the journey of purchasing your first home is a thrilling and sometimes daunting experience. As a first-time homebuyer, you may face challenges ranging from understanding financial jargon to navigating the complexities of the housing market. However, with...
by MtgGuy | May 14, 2024 | Market Update, Mortgage Updates
Buying a home is a significant financial milestone, and choosing the right mortgage can make all the difference. Understanding the different types of home loans and their respective qualification criteria is crucial for prospective homebuyers. In this blog post,...