With the only notable item on the schedule being the release of the Federal Reserve minutes, which reflect the current stance of the Fed, virtually nothing has changed since the last rate cut. The Federal Reserve is expected to continue its wait-and-see approach. Primary Mortgage Market Survey Index 15-Yr FRM rates saw a decrease of -0.06% with the current rate at 5.44% 30-Yr FRM rates saw a decrease of -0.03% with the current rate at 6.15% MND Rate Index 30-Yr FHA rates saw no change for … [Read more...]
New Year Resolutions for Homebuyers and Homeowners
A new year is the perfect time to reset goals and make smart plans. If buying, selling, or improving a home is on your radar this year, the right resolutions can make a real financial impact. Here are a few realistic New Year resolutions that directly support real estate success for both homebuyers and homeowners: Improve Your Credit ProfileFor buyers, credit score plays a major role in loan options and interest rates. Even small improvements can lead to meaningful savings over time. Start the … [Read more...]
The Five Signs You Are Financially Ready for Homeownership
Buying a home is a major milestone, and knowing when you are truly ready can give you confidence throughout the entire process. Many future homebuyers wonder if their finances are strong enough or if they should wait another year. The truth is that homeownership readiness is less about perfection and more about preparation. When several key financial indicators line up, you can move forward with clarity, confidence, and a sense of stability. You Have Steady, Reliable IncomeLenders want to see … [Read more...]
