It is hard to understand how it can be, if the Feds make a rate cut yet mortgage rates go up! Below is an email that was sent to me by a lender at Waterstone Mortgage. I hope this can help you understand this. Banks don't always act the way you expect them to, and this week is an example. The Federal Reserve cut short-term interest rates on Dec. 18. So what did mortgage rates do? They went...
Interest Rates
As a realtor, I have the privilege of helping people find more than just a house-I get to help them find a home. To all my clients: whether we’ve worked together on finding your dream home or selling a place filled with memories, I’m grateful for the trust you’ve place in me. Here’s to you-my clients, past, present and future. I’ll never dessert you! Happy...
The recipe for finding and securing the perfect home can be a little tricky – that’s why I’m here to help. From navigating the market to negotiating the best deal, I’ll make sure every ingredient comes together in the end. Whether you’re a first-time buyer or looking to upgrade, I’m here to make the process as smooth and stress-free as possible. Let’s find the home that’s just right for...
First-time homebuyers often need to reassess their spending habits to build a solid budget for purchasing a home. Cutting unnecessary expenses can be helpful in freeing up some more of your budget for saving each month: perhaps reducing dining out, cutting down on entertainment costs, and limiting impulse buys. If you’re ready to start the process of buying a home, send me an email or text...
As a Realtor, I get asked "when interests rate drop, should I refinance?" Well, I am not a mortgage broker, but I recently came across this article from one about this subject and felt it would be great to share. Mortgage rates have dropped. Should you refinance your home? October 8, 20241:25 PM ET Written by Laurel Wamsley Mortgage rates have dropped significantly in recent months, and that...
"Jobs week" (JOLTs, ADP, Challenger etc.) has so far delivered a very consistent message - hiring is slowing and layoffs are rising. We know that rate cuts will start on September 18th. But whether we'll get a 25 or 50 basis point cut will depend on the strength of the Bureau of Labor Statistics jobs report out today. Hope you enjoy this weekly update on things real...
EXPERT PREDICTIONS ABOUT THE REST OF 2024 (This was sent to me and I felt you may like to know what the experts are saying) People who are thinking of buying or selling a home are trying to figure out what’s ahead for the rest of the year. Here’s what industry experts project. Home Prices. Experts say home prices will continue to climb in most markets around the country—just at a more moderate...
With mortgage rates moving down, you just increased your buying power which means more options and better deals in the market! Don’t let this opportunity slip away – now is the time to find your dream home. Contact me today and let’s start your home...