The Art of Negotiation: Tips for Getting the Best Deal on Your Home Purchase
Whether you're a first-time homebuyer or a savvy property owner, brushing up on the art of negotiation can save you money, improve your odds of closing, and help you walk away with the best [...]
Understanding Escrow Accounts: How They Work and Why They Matter for Homeowners
When you take out a mortgage to purchase a property, your monthly payment often covers more than the loan's principal and interest. You may be allocating part of it toward an escrow account. If [...]
Mortgage News: October
In this Issue… A Look Into the Markets Mortgage Market Guide Candlestick Chart Economic Calendar A Look Into the Markets This past week interest rates continued to move higher after the recent strong jobs [...]
Is Housing Market Improving on Lower Mortgage Rates?
The 30-year mortgage rate has dropped to its lowest level in two years, boosting market optimism about the housing sector and buyer affordability, as further interest rate cuts by the Fed are anticipated in [...]
Rates and Housing Costs Move Lower
Home borrowing costs continue to decline and are now well below the multi-decade highs (8% / 30-year fixed) seen in November 2023, yet well above the lows seen in late 2020 (2.67%). Inflation was one [...]
Fed announces big rate cut
Larger-than-expected move marks first rate drop for over four years The Federal Reserve has cut its funds rate by 50 basis points, lowering interest rates for the first time in more than four years [...]