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 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,...
by MtgGuy | May 6, 2024 | Market Update
Week of April 29, 2024 in Review The Fed once again held rates steady, labor sector data showed signs of softening, and there’s more evidence of rising home values across the country. Read on for these stories and more: – Fed Shuts Down Rate Hike Chatter...
by MtgGuy | Apr 1, 2024 | Market Update
Week of March 25, 2024 in Review Progress on the Fed’s preferred inflation measure has stalled, while the latest data on appreciation and signed contracts show strength in the housing sector. Here are the headlines: -Progress Stalls on Inflation -Media Mixed Up About...
by MtgGuy | Feb 28, 2024 | Market Update
Week of February 19, 2024 in Review Closings on existing homes picked up last month, while recent commentary shows that Fed members remain cautious about cutting rates too soon. Read on for these stories and more: -Existing Home Sales Rebound in January -Fed in No...