Archive for Market News

Breaking Through Financial Wealth Barriers: 3 Traps to Avoid

Regardless of the income you may, money management is the key to a financially successful future. You’ll want to build your funds as carefully as possible, ensuring that you’re fully prepared for any catastrophic circumstances. We’re all just a debt …

How Does the Fed’s Lowering Short-Term Rates Impact Mortgage Rates

I get asked if I think the news and our industry puts too much emphasis on what the Federal Reserve is doing, and its being able to control inflation. In a word, my answer is yes. The Fed has a …

Purchase Agreement Contingencies You Should Never Remove When Buying a House

With inventory low and high competition for homes in the lower price points we know it can be difficult going up against other buyers with more down payment right now.

This demand means buyers are going to great lengths to …

92% of millennial homebuyers say inflation has impacted their purchase plans, but most are plowing ahead anyway

KEY POINTS

  • Millennials — who are roughly ages 27 to 42 — are in their prime homebuying years.
  • While the combination of high home prices and rising interest rates has caused affordability issues for many buyers, the situation is gradually

Lowest Rates in Months After Inflation Data

By: Matthew Graham

December 13, 2022

There aren’t many scheduled economic reports that are as hotly anticipated as was today’s Consumer Price Index (CPI).  The market’s reaction more than validated the anticipation.  What does all this mean for rates?

Inflation …

Is it a Bad Time to Buy a Home?

Is now a good time to buy?

It can’t be both a great time to sell and an awesome time to buy at the same time. It is a tough time to buy, but things are getting better.Buying a home as an investment in your future

Mortgage rates …

Low Interest Rates Create Bubbles

The economics profession has long had a vigorous academic argument over “natural” interest rates. What would rates be if we could somehow remove all the

subjective actors—central banks, commercial lenders, government agencies—that conspire to set them? What would nature do …

5 Lifelong Financial Habits Anyone Can Do

By the time you reached elementary school, you probably already did some good-for-you things by habit, from brushing your teeth to tying your shoes and even saying “thank you” (from time to time).

Research backs up early habit making: A …

“Marry the House, Date the Rate!”

I read this today and I am adopting as my new slogan!

The press seems consumed with the idea of a recession in 2023 or 2024… which would mean:Marry the House, Date the Rate

  1. We’ll hear about it for another year or two, and this

Why Home Prices Will (Likely) Keep Rising in 2022

A slowdown seems to be the general consensus among many housing analysts, economists and industry watchers.

But a “slowdown” is not a reversal. While home prices might rise more slowly next year, it’s almost certain they will continue to climb …