Mortgage for the Self-Employed
Treat Your Work as a Business Whether you are new to being self-employed or have been working on your own for a while, it’s important to have your business finances in order. Not only will this help during tax…
Understanding Mortgage Rate Trends: What Homebuyers Need to Know
For those looking to purchase a home, making sense of today’s mortgage rate trends and the forces that move them is key to smart financial planning. As the housing market shifts late in 2023, we’ll break down what’s impacting rates…
Markets in a Minute, Housing Market News, December 1, 2023
This week’s financial and housing market activity update… The Economy Inflation Holds Steady at 3.5%: The Federal Reserve’s key measure of inflation, gauged through personal spending, demonstrated a year-over-year increase of 3.5% in October, aligning with market expectations. Mixed Signals…
Markets in a Minute, Housing Market News, November 27, 2023
This week’s financial and housing market activity update… The Economy In October, the durable goods orders experienced a sharper decline than anticipated, influenced by diminished demand for auto parts due to the UAW strikes. Despite lower than expected durable goods…
Top Missteps to Sidestep for First-Time Homebuyers
Taking the plunge into homeownership brings much excitement, but for first-time homebuyers, it also comes loaded with hurdles that call for care. To smooth your entry into the market, steer clear of these frequent faux pas: 1. Skipping the Importance…
Can You Obtain a Mortgage with a Low Credit Score?
Blemished credit need not doom your home dreams. Learn how strategic moves can open doors to a mortgage with a low credit score. Though imperfect scores limit options, those doors don’t fully close. The key is to take the right…
Markets in a Minute, Housing Market News, November 17, 2023
This week’s financial and housing market activity update… The Economy October’s consumer price index (CPI) showed a better-than-expected slowdown in inflation. This is naturally spurring predictions that the Federal Reserve may continue to pause its aggressive interest rate hikes. The…
More Than Just a Mortgage: A Handy Guide to Home Ownership Expenses
Becoming a homeowner is a significant and exciting milestone, but it’s essential to understand that home ownership expenses extend far beyond the monthly mortgage payment. To ensure financial preparedness, let’s explore the various costs associated with home ownership. Local Property…
Markets in a Minute, Housing Market News, November 10, 2023
This week’s financial and housing market activity update… The Economy In an effort to manage expectations for rate cuts, Federal Reserve members addressed the need to combat inflation and maintain stability in the market. Over the past 16 years, there…
Markets in a Minute, Housing Market News, November 3, 2023
This week’s financial and housing market activity update… The Economy The Federal Reserve Board announced this week that it will maintain the current policy interest rate and suggested that the recent run-up of long-term treasury yields could help stave off…
