Headlines showed that April brought moderating inflation and slower home sales, but that’s not the whole story. Here’s what you need to know: Inflation Moderates in April, But Don’t Be Fooled Low Inventory Continues to Impede Pending Home Sales Completio
May 31, 2022 |
With home prices rising 19.8% on an annual basis in February, the media continues to report that a housing bubble is on the horizon. But there’s an important factor the media hasn’t considered, which is the near-record low level of home inventory currentl
May 26, 2022 |
Sales of existing homes and construction of single-family homes eased in April, while Fed Chair Jerome Powell’s comments caused volatility in the markets. Here are the most crucial headlines: Existing Home Sales Edge Lower Builder Confidence Weakens But
May 23, 2022 |
Mortgage Rates Decrease Slightly May 19, 2022 Economic uncertainty is causing mortgage rate volatility. As a result, purchase demand is waning, and homebuilder sentiment has dropped to the lowest level in nearly two years. Builders are also dealing with
May 19, 2022 |
Inflation remains hot on both the consumer and wholesale levels. Here are the key stories to note: Consumer Inflation Near 40-year Highs Wholesale Inflation Remains Elevated Initial Jobless Claims Rise for Second Straight Week Small Business Expectations
May 16, 2022 |
Adjustable Rate Mortgages (ARM’s) With the recent increase in rates ARM’s have recently become a more popular way to finance a new home purchase. See Chart below found on Freddie Mac’s Webesite:https://www.freddiemac.com/pmms Before the run up i
May 11, 2022 |