The Highest Rate of Inflation In 40 Years

Annual consumer inflation rose to the highest level in 40 years. The meteoric rise in prices was due to a spike in gas prices, the current supply chain shortage, a lack of workers along with big money flowing through the … Read More

Daily Rate Update: January 3rd-7th

Thursday – December 6, 2022 Home borrowing costs rose to near levels seen in April of 2021 this week and remain historically low. Freddie Mac reports that the 30-year fixed-rate mortgage rose 11 basis points to 3.22 with 0.7 in … Read More

It’s Just The Facts: December 2021

FOR THE YEAR – The S&P 500 gained +28.7% (total return) during 2021, the 13th year in the last 25 years that the $42.4 trillion index has returned at least +15% (total return) for the calendar year.  The S&P 500 … Read More

Daily Rate Update: December 13th-17th

Thursday – December 16, 2021 Home borrowing costs are essentially unchanged this week and remain just above historic lows. Freddie Mac reports that the 30-year fixed-rate mortgage rose two basis points to 3.12% with 0.6 in points and fees. The … Read More

Real Estate Prices for 2022

If you’re thinking of buying a home in today’s housing market, you may be wondering how strong your investment will be. You might be asking yourself: if I buy a home now, will it lose value? Or will it continue … Read More

Daily Rate Update: December 6th-10th

Thursday – December 9, 2021 Home borrowing costs are essentially unchanged this week and remain just above historic lows. Freddie Mac reports that the 30-year fixed-rate mortgage is 3.10% with 0.6 in points and fees. The record low was 2.65% … Read More

Things To Know Before Buying Up

By: apartmenttherapy A home is one of the most consequential purchases many people make in their lifetime. Between the down payment, monthly mortgage payments, and ramifications associated with defaulting, the stakes are certainly high. And those stakes are compounded if … Read More

Daily Rate Update: 11/29/2021-12/03/2021

Thursday – December 2, 2021 Home borrowing costs are essentially unchanged this week and remain just above historic lows. Freddie Mac reports that the 30-year fixed-rate mortgage is 3.11% with 0.6 in points and fees. The record low was 2.65% … Read More

U.S. new-home sales increase as prices climb to record high

Sales of new U.S. homes edged up in October, reflecting stabilizing demand even as builders face supply-chain disruptions and buyers grapple with rising prices. Purchases of new single-family homes increased 0.4% to a 745,000 annualized pace following a downwardly revised … Read More

Daily Rate Update: November 22nd-26th

Wednesday – November 24, 2021 Sales of new single‐family houses rose 0.4% in October from September to an annual rate of 745,000, reports the U.S. Census Bureau. However, sales plunged 23.1% from October’s 2020 estimate of 969,000. The median sales … Read More

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