I have been in the mortgage business since 1985 & President of The Mortgage Corner of New England since 1992. A four time Five Star Mortgage Professional in RI
The Fed may be trying to control interest rates more through their statements, rather than their actions. It seems as if the Fed does not want the markets to become too optimistic about prospects of a rate decrease. Apply Online! https://t.co/kydqMefxlA #economy
A home appraisal determines the fair market value of a home. But what happens when the appraisal is below the sale price? Apply Online! https://t.co/kydqMefxlA
Survey reveals that nearly half of the parents polled (46%) have had their adult children “boomerang” back home to live with them at some point. Apply Online! https://t.co/kydqMefxlA #realestate
The Fed did not make a move on interest rates last week, as expected. They need to see more progress against inflation. Apply Online! https://t.co/kydqMefxlA #economy
Generation Z consists of people born between 1997 and 2012. The age range is between 10 to 25 years old. Many will start looking to buy a home in the next 5 years. Apply Online! https://t.co/kydqMefxlA
According to the Freddie Mac weekly survey, mortgage rates eased back below 7.00% last week as the jobs report and Fed meeting approached. Apply Online! https://t.co/kydqMefxlA #mortgagerates
High-end home sales—listings at $1 million and above—posted significant gains in April, increasing 40% compared to a year ago. Apply Online! https://t.co/kydqMefxlA #realestate
The members of the Fed have been fairly unanimous in their statements regarding holding higher rates for a longer period of time. Apply Online! https://t.co/kydqMefxlA #economy
Rates reversed course after easing for the past few weeks. Stronger economic news and continued harsh statements by Fed members highlighted the week, though a downward revision in the measure of economic growth for the first quarter did cause rates to ease later in the week ...
Consumers are putting down more money to buy a home — but the typical down payment is still much less than you might expect. Apply Online! https://t.co/kydqMefxlA #realestate
Fed Chair Jerome Powell reiterates inflation is falling more slowly than expected, keeping interest rates elevated for an extended period. Apply Online! https://t.co/kydqMefxlA #economy
There are many benefits to using a real estate agent. You get broader exposure for your property, and an agency helps you negotiate a better deal. Apply Online! https://t.co/kydqMeg5b8
Rates continued their downward trend in the past week, though they rose a bit after the release of the minutes of the last Fed meeting. Apply Online! https://t.co/kydqMefxlA #mortgagerates
The National Association of Home Builders (NAHB) Remodelers released survey results on the most popular remodeling jobs by its members. Apply Online! https://t.co/kydqMefxlA #realestate