We are blazin’ through summer with hot days and some crazy weather tossed in there to keep things spicy! It’s hard to believe we are past the half-way mark for the year, but no worries – there is still plenty of time to get out and enjoy the summer’s long days and...
The Competitive Edge Have you heard the saying that the best time to buy is when others are not? When there are lots of buyers in the market, the competition for homes can be fierce. Recognizing that the current environment has many buyers ‘on pause’, those who are...
Mortgage Rates1 – A little good news to report: for the first time in weeks our benchmark rate dropped considerably, and we are back in the sixes! Our benchmark rate is now at 6.750% (6.836% APR) driven primarily by Wednesday’s release of the June Consumer Price...
Mortgage Rates1 – It wasn’t a friendly week for interest rates, and we saw our benchmark rate move up to 7.25% (APR 7.37%). On Wednesday, the FOMC released the minutes from its June 14th meeting, which showed that almost all of the Fed officials believe further...
Mortgage Rates1 – We had a relatively stable week until yesterday’s Initial Jobless Claims Report (which measures individuals filing for first-time unemployment benefits), fell 26,000 to 239,000 causing rates to increase to 6.999% (APR 7.044%). While a substantial...
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