Daily Rate Update: August 19th-23rd

Monday – August 19, 2019 The National Association of REALTORS reports that housing affordability rose in June from a year ago due in part to three-year low mortgage rates. The Housing Affordability Index rose to 151.9 in June from June … Read More

Back to School 2019: Moving with Kids

A new report from the National Association of Realtors, 2019 Moving With Kids, explores the various home buying habits and seller preferences of those who have children under the age of 18 years old  living in the home. The report … Read More

Daily Rate Update: August 12th-16th

Friday – August 16, 2019 New home construction across the US in July declined from June falling for the third straight month, due in part to a drop in multi-family dwellings. US housing starts fell nearly 4% in July from … Read More

It’s Just The Facts: July 2019

It’s Just The Facts: July 2019 GOING, GOING, GONE – 7,037 American retail stores have closed YTD through 6/30/19, already exceeding the 5,864 closures that occurred during all of calendar year 2018. This year’s store closures are on pace to … Read More

Daily Rate Update: August 5th-9th

Friday – August 9, 2019 Fannie Mae reports that due to improving job and mortgage rate expectations, its housing sentiment survey hit a fresh high in July. The Home Purchase Sentiment Index rose 2.2 points in July to 93.7, a … Read More

Reaction to The Fed Lowering Rates

The Federal Reserve lowered the Federal Funds rate yesterday by .25%, ending their cycle of raising this key rate 8 times by .25% in the recent years. The latest move was in response to tame inflation numbers and a global … Read More

Daily Rate Update: July 29th-August 2nd

Friday – August 2, 2019 And the survey says: 164K jobs created in July, just above the 160,000 expected, reports the Bureau of labor Statistics. The report showed that revisions for May and June were revised lower by 41,000, the … Read More

How To Bring Up Your Credit Before Buying a Home

Whether you’re aspiring to become a first-time homebuyer, or you want to upgrade from your starter home to accommodate your growing family, it’s important to make sure you’re ready when you start the process. One of the most important aspects … Read More

Daily Rate Update: July 22nd-26th

Friday – July 26, 2019 Economic growth edged lower in the second quarter of 2019. The Bureau of Economic Analysis reported that Gross Domestic Product (GDP) in the second quarter of 2019 rose 2.1%, down from 3.1% in Q1. However, … Read More

The Secrets of Successful Homebuyers

In a hot real estate market, it can be tough to know how to stand out and score the home of your dreams. Successful homebuyers tend to share a few habits, helping them to move ahead of the pack and … Read More

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