Tag: news
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Listing Updates:
Here’s what we’ve listed in the last two weeks: And here are our recent price adjustments: For more information or start your own search go to our Current Listings page! If you have any questions about a listing or want to schedule a showing— Reach out to one of our advisors for a chat!
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Listing Updates:
Here’s what we’ve listed in the last two weeks: And here are our recent price adjustments: For more information or start your own search go to our Current Listings page! If you have any questions about a listing or want to schedule a showing— Reach out to one of our advisors for a chat!
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Listing Updates:
Here’s what we’ve listed in the last two weeks: And here are our recent price adjustments: For more information or start your own search go to our Current Listings page! If you have any questions about a listing or want to schedule a showing— Reach out to one of our advisors for a chat!
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March Federal Reserve Meeting Recap
Yesterday, March 22, 2023, The Federal Reserve announced a quarter of a percent rate hike to tame inflation. The hike may surprise those who thought last week’s bank failures would make the Federal Reserve take a step back from raising rates. Why did they think that? Banks are sitting on unrealized losses due to bonds…
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03.20.23 Mortgage Rates Update
On Monday, Nerdwallet released the average mortgage rates in the country. Due to the bank failures that occurred last week, we’ve seen a short decrease in rates for the 30-year mortgage. We’re closely monitoring what comes out of the Federal Reserve Bank meetings this week. Though most experts were expecting another hike in interest rates,…
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03.13.23 Mortgage Rates Update
On Monday, Nerdwallet released the average mortgage rates in the country. The 30-year has had a sharp increase week over week and the 15-year has had an almost as sharp decrease. This may relieve those itching to buy a new home if they are willing to take a chance on financing a home over 15…
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03.06.23 Mortgage Rates Update
On Monday, Nerdwallet released the average mortgage rates in the country. The 30-year and 5-Year ARM interest rates are now above 7%. We haven’t seen rates over 7% since November. With the Federal Reserve meeting on March 21-22nd, we expect for rates to keep creeping up in anticipation of the Fed raising rates again. We…
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02.27.23 Mortgage Rates Update
We didn’t post an update last week due to Mardi Gras, but you can still see what the rate was on 2/21 in the charts below. On Monday, Nerdwallet released the average mortgage rates in the country. Rates rose week to week with the 30-year mortgage having the sharpest increase. This week-to-week increase is now…
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02.13.23 Mortgage Rates Update
On Monday, Nerdwallet released the average mortgage rates in the country. Rates ticked up from the week prior and are now higher than at the start of the year. This is by far the most significant week-to-week increase in the new year. Along with the Fed raising interest rates, the economy added over 500k new…