Understanding the Federal Funds Rate Cut and Its Impact on Mortgage Rates Tomorrow, Federal Reserve Chairman Jerome Powell will be discussing a potential cut in the federal funds rate. If you’re asking yourself, “What exactly is the federal funds rate, and will this affect mortgage rates?” – you’re not alone. Let’s break down these […]
As the housing market continues to evolve, recent data from the National Association of Realtors (NAR) reveals some intriguing trends that both home buyers and sellers can leverage to their advantage. While it may seem challenging at first glance, understanding the nuances of the current market can turn potential obstacles into unique opportunities. A Buyer’s […]
Hey, adventure seekers and celestial enthusiasts! Are you ready to witness one of nature’s most awe-inspiring phenomena? Get ready to mark your calendars because on April 8th, 2024, the skies over Indiana will be graced with a breathtaking solar eclipse! 🌞🌚 But wait, before you start packing your eclipse glasses and telescopes, let’s shed some light […]
Hey there, sports fans and homeowners-to-be! It’s time to put on our thinking caps and tackle a topic that’s as exciting as a game-winning touchdown: mortgages. Yes, you heard that right. But fear not, because we’re going to make this as entertaining as a halftime show extravaganza. Now, let’s kick things off with a fun […]
Building Your Dream Home: Selecting the Right Builder for Quality and Value Embarking on the journey of building your dream home is an exhilarating experience, filled with opportunities to tailor your living space to your unique tastes and needs. However, this adventure can also be daunting, especially when it comes to choosing the right builder. […]
In an age where global conglomerates and online marketplaces dominate, the decision to shop local, particularly in significant life events like buying a home, can have a profound impact not only on your personal experience but also on your community. This blog explores the myriad benefits of choosing local businesses and services, especially local mortgage […]
Mortgage Rates Will Come Down, It’s Just a Matter of Time This past year, rising mortgage rates have slowed the red-hot housing market. Over the past nine months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. All of this is due to the fact that the average 30-year fixed […]
Millennials: Do You Need a Home with More Space? If you’re a millennial, homebuying might be top of mind for you. Your generation is the largest group of homebuyers in the market today and has been since 2014, according to the National Association of Realtors (NAR). And while other millennials are looking to buy for the […]
Why Pre-Approval Is Key for Homebuyers in 2022 You may have heard that it’s important to get pre-approved for a mortgage at the beginning of the homebuying process, but what does that really mean, and why is it so important? Especially in today’s market, with rising home prices and high buyer competition, it’s crucial to have a pre-approval letter prior to making an […]
What Buyers and Sellers Need To Know About the Appraisal Gap It’s economy 101 – when supply is low and demand is high, prices naturally rise. That’s what’s happening in today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some challenges when it comes to home appraisals. In recent months, it’s become increasingly common […]
