In the labyrinth of homeownership, one question frequently echoes: When is the opportune moment to lock in your mortgage rate? It's a financial crossroads that demands careful consideration and strategic planning. Today, we'll dissect the intricacies, pro
Feb 29, 2024 | Interest Rates
Inflation pressures have been slowly easing since hitting record-high levels a few years ago. The Fed's favorite inflation gauge, the Core PCE, fell to 2.8% year over year, down from the multi-decade high of 5.57% hit back in February of 2022. The markets
Feb 29, 2024 | Mortgage News
Let's explore how mortgage assistance programs can help you obtain the funding to turn your dream into a reality. The Pursuit of Homeownership Imagine the thrill of stepping into your very first home—a space that's yours to make your own. For first-
Feb 27, 2024 | Purchasing a Home
New single‐family houses in January 2024 rose 1.5% from December to an annual rate of 661,000 and is 1.8% above January 2023. The median sales price was $420,700, average sales price was $534,300. The supply of new homes on the market is 8.3 months at the
Feb 26, 2024 | Mortgage News
In the realm of personal finance, the dream of homeownership and the pursuit of mortgage freedom have always been central to the American narrative. For those seeking a swifter path to financial independence, a Home Equity Line of Credit (HELOC) offers a
Feb 22, 2024 | Refinancing a Home Home Equity Loans
The latest reading on Existing Home Sales for January showed that sales rose 3.1% from December to an annual rate of 4.00 million units, a five-month high. A standout component was that inventories of homes for sale on the market rose 2% to 1.01 million u
Feb 22, 2024 | Mortgage News