Recent Articles
Nov
20
2024
20
2024
Understanding How HELOC Rates Are Tied to the Fed’s Prime Rate
If you’ve been considering a Home Equity Line of Credit (HELOC), you may have noticed that their interest rates fluctuate over time. That’s because HELOCs typically have variable rates tied directly to the prime rate, which is influenced by decisions made by the Federal...
If you’ve been considering a Home Equity Line of Credit (HELOC), you may have noticed that their interest rates fluctuate over time. That’s because HELOCs typically have variable rates tied directly to the prime rate, which is influenced by decisions made by the Federal...
Nov
20
2024
20
2024
Why It Might Be Time to Trade Living with Your Parents for a Place of Your Own
Let’s face it—living with your parents has its perks. Free laundry, home-cooked meals, and (hopefully) no rent. But if you’re one of the many young adults still living at home, you might also be feeling a little stuck. And that’s okay—life is expensive...
Let’s face it—living with your parents has its perks. Free laundry, home-cooked meals, and (hopefully) no rent. But if you’re one of the many young adults still living at home, you might also be feeling a little stuck. And that’s okay—life is expensive...
Nov
13
2024
13
2024
Fed’s Rate Cut and the Road Ahead for Mortgage Rates: What Homebuyers and Homeowners Need to Know
The Federal Reserve recently reduced the federal funds rate by another 0.25% at the November 2024 meeting, bringing it to its lowest level since March 2023. While rate cuts are intended to stimulate economic growth, mortgage rates didn’t see much immediate movement following...
The Federal Reserve recently reduced the federal funds rate by another 0.25% at the November 2024 meeting, bringing it to its lowest level since March 2023. While rate cuts are intended to stimulate economic growth, mortgage rates didn’t see much immediate movement following...
Nov
13
2024
13
2024
Mortgage Rates, Inflation, and a Buyer-Friendly Market: How to Navigate Your Next Home Purchase
Recent economic shifts have left many homebuyers asking: Is this really the right time to buy a home? In light of new inflation data, the answer isn’t black and white. But there’s good news—an increase in housing inventory and slower home price growth are tipping the...
Recent economic shifts have left many homebuyers asking: Is this really the right time to buy a home? In light of new inflation data, the answer isn’t black and white. But there’s good news—an increase in housing inventory and slower home price growth are tipping the...
Nov
06
2024
06
2024
What the Fed’s Expected Rate Cut Means for You—and Four Key Questions to Watch
As the Federal Reserve prepares to potentially cut interest rates by a quarter of a percentage point this Thursday, it brings a ripple of opportunity—and questions. For many, a rate cut hints at more accessible borrowing costs, potentially sparking new momentum in homebuying,...
As the Federal Reserve prepares to potentially cut interest rates by a quarter of a percentage point this Thursday, it brings a ripple of opportunity—and questions. For many, a rate cut hints at more accessible borrowing costs, potentially sparking new momentum in homebuying,...