As we approach the next Federal Reserve (Fed) meeting on September 17-18, 2024, it is important for both current homeowners and potential buyers to understand how this could impact mortgage rates. Let’s break down what a potential rate cut means for your home buying or refinancing plans. What is the Federal Reserve doing? The Federal … Read more
Although everyone has been enjoying incredible fall weather, it’s not just the temperature that’s rising. It appears the bond market is taking a cue from Mother Nature and heating up as well. While I would hate to go against the chorus of real estate agents saying you have to buy now to afford a home, … Read more
Market weakness persists through August There were very few signs of an end to the current period of weakness in property values in the August data, with CoreLogic’s Hedonic Home Value Index (HVI) showing a further decline of 0.5 %, bringing the total drop from the February “mini-peak” to 3.7. % nationally. With median values … Read more