When it comes to getting a mortgage, there’s no shortage of misinformation. Many homebuyers, especially first-timers, hesitate to apply because they believe common myths that simply aren’t true. To help you move forward with confidence, let’s debunk some of the…
Inflation Meets Estimates, Home Sales Stall Week of February 24, 2025 in Review The Federal Reserve’s preferred inflation gauge aligned with projections in January. Meanwhile, home sales stagnated to begin the year, even as prices maintained an upward trajectory across…
Existing Home Sales, New Construction Slow Sales of existing homes declined in January but are projected to increase throughout the year. Meanwhile, concerns over tariffs have led home builders to adopt a more cautious stance. Read on for further insights.…
Inflation Above Estimates, Retail Sales Plummet Week of February 10, 2025 in Review Inflation began the year hotter than anticipated, while Fed Chair Jerome Powell emphasized that the Fed is not “in a hurry” to implement further rate cuts. Continue…
Job growth in September was stronger than expected, while the unemployment rate ticked lower. Here are last week’s headlines: -Big Upside Jobs Surprise -Private Sector Job Growth Rebounds, Wages Moderate -Uptick in August’s Job Openings Not Whole Story -Is Gig…
The Fed started its rate-cutting cycle with an aggressive move, while housing construction ramped up in August due in large part to lower mortgage rates. Here are the headlines: -Fed Cuts Rates 50 Basis Points -Existing Home Sales Slip -Home…
Fluctuations in mortgage rates can significantly impact the housing market. Recently, there has been a drop in rates, and this change brings both opportunities and challenges for buyers, sellers, and industry professionals alike. For potential homebuyers, a drop in mortgage…
A full week of jobs data showed that the labor sector continues to slow, while another appreciation report revealed that national home values are still rising. Read on for these stores and more: -Job Creations Revised Lower Again, Part-time Work…
When buying a home, it’s easy to focus solely on the purchase price, but there are several hidden costs that can catch you off guard. Understanding these additional expenses is crucial for proper budgeting and avoiding financial surprises. Here’s what…
Inflation made important progress lower in July while homebuilder confidence and new construction slowed. Read on for these stories and more: -Consumer Inflation Falls Below Key Milestone -Wholesale Inflation Cooperates with Cool Reading -Home Builders Have Mixed Emotions -Housing Starts…
