Real Estate

Existing-Home Sales Dropped 5.9% in March — Here’s What That Means in Plain English

According to the National Association of REALTORS®, fewer homes were sold in March compared to February. In fact, sales were down by almost 6%. That’s what they mean by “month […]
By | 1 week ago
Mortgage Rates

Mortgage Update: Tariff Turbulence Sends Mortgage Rates Climbing Again

Last week, Trump’s tariff announcement sent investors piling into U.S. Treasury bonds as a financial bunker. They are a safe haven for investors in tumultuous times from less stable investments […]
By | 3 weeks ago
Mortgage Rates

Mortgage Update: Mortgage Rates Dip Slightly as Fed Maintains Current Rate

The Fed meeting was today, and as expected, the Fed decided to keep the Fed Rate unchanged. The Fed also released its dot-plot forecasting just 50 bps of cuts in […]
By | 1 month ago
Mortgage Rates

Mortgage Update: Mortgage Rates Tick Up as Inflation Data Comes in Lower but Signals Higher PCE

February CPI inflation dropped to 2.8%, below expectations of 2.9%. Core CPI inflation dropped to 3.1%, below expectations of 3.2%. This marks the first decline in both Headline and Core […]
By | 2 months ago

The Possibility of Fannie Mae and Freddie Mac Being Privatized

With the new Trump administration back in the White House, talk about privatizing Fannie Mae and Freddie Mac, two government-sponsored enterprises (GSEs) in the United States housing market, has been […]
By | 2 months ago
Mortgage Rates

Mortgage Update: Mortgage Rates React as Inflation Data Sends Mixed Signals

With two monthly inflation reports showing an increase in January, why did rates improve on Thursday? January’s CPI report was hotter than expected, raising inflation to 3.0% and CORE at […]
By | 2 months ago
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