The Fed and Inflation
Consumers have seen the closely watched inflation reading Consumer Price Index (CPI) fall from a 40+ year high of 9% in June 2022 to the recent read of 3% on a year-over-year basis. Inflation [...]
Happy Labor Day!
Enjoy your time with family and friends this Labor Day! We are ready to help you find the best possible mortgage solution for your situation. Contact Sheila Siegel at Synergy Financial Group today. [...]
Home Buying and Selling Generational Trends
Among home buyers and sellers, there are different generational trends. According to a recent report, 75% of millennials who are selling their homes are first-time home sellers. That's compared with 8% of older boomers [...]
Housing, Inventory, and Affordability
Home borrowing costs have revisited the highs seen in November 2022, with monthly mortgage payments up almost 20% from a year ago. Additionally, Freddie Mac reports the average 30-year fixed rate mortgage is hovering [...]
Mortgage News: August
In this Issue… A Look Into the Markets Mortgage Market Guide Candlestick Chart Economic Calendar for the Week of August 13 A Look Into the Markets This past week home loan rates remain elevated [...]
Choosing the Best Lender
Before you assume you don't qualify for a loan, be sure to talk to a lender! They can inform you about the options available to you- such as a conventional loan, FHA loan, USDA loan, [...]