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Fed raises interest rates by 0.50%, largest move since 2000

Fed raises interest rates by 0.50%, largest move since 2000

by Third Party | May 4, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate Agent Tools, Real Estate News

Source: Yahoo Finance —  The Federal Reserve on Wednesday raised short-term interest rates by 0.50%, as part of an effort to tamp down the inflationary pressures weighing on Americans. The central bank suggested that it will further raise borrowing costs...
The Front Yard Secret Weapon a Real Estate Agent Swears By

The Front Yard Secret Weapon a Real Estate Agent Swears By

by Third Party | May 4, 2022 | Industry Updates, Real Estate Agent Tools

Source: Apartment Therapy —  There’s no question: improving curb appeal is important for homeowners. Not only can it increase the value of your house and make potential buyers eager to come inside and take a look, but it can make you feel better about your space...
How and Why to Refinance Your Mortgage

How and Why to Refinance Your Mortgage

by Third Party | May 4, 2022 | Industry Updates, Mortgage Information, Real Estate News

Source: Nerdwallet —  Definition of mortgage refinance A mortgage refinance replaces your current home loan with a new one. Often people refinance to reduce the interest rate, cut monthly payments or tap into their home’s equity. Others refinance a home to pay...
The New Rules of What It’ll Truly Take To Save Up for a House Today

The New Rules of What It’ll Truly Take To Save Up for a House Today

by Third Party | May 3, 2022 | Industry Updates, Mortgage Information, Real Estate News

Source: Realtor.com —  If you’re saving for a down payment for a home—particularly your first—you probably know this is one tricky real estate moment. With inflation sending prices spiraling, mortgage interest rates ticking up, and biddings wars on homes more...
The last time houses were this unaffordable was 2006

The last time houses were this unaffordable was 2006

by Third Party | May 3, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: Housing Wire —  Surging interest rates and home price appreciation made March one of the most challenging months for prospective homebuyers looking to make purchases, according to a recent report. Annual home price gains saw 19.9% annual appreciation in...
A more “normalized” housing market is on the horizon: NAR

A more “normalized” housing market is on the horizon: NAR

by Third Party | May 2, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: Housing Wire —  For the fifth consecutive month, pending home sales declined in March from February, down 1.2%, signaling a potential return to “much calmer” conditions, according to the National Association of Realtors. Only the northeast region saw an...
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