Category: Financing

As we approach December 2024, mortgage rates predictions suggest that rates are unlikely to see significant declines this month, standing at around 7.03% for a 30-year fixed mortgage. While buyers have been eagerly hoping for lower borrowing costs, current economic trends indicate …Read more  »

Are you thinking about buying a home in 2025? Or perhaps you're considering refinancing your current mortgage? If so, you're probably wondering what mortgage rates might look like in the near future. Mortgage Rate Predictions for 2025 suggest a period of relative …Read more  »

If you're buying a house, refinancing a mortgage, or just keeping an eye on your wallet, understanding the Federal Reserve's interest rate decisions is crucial. These rates affect everything from borrowing costs for cars and homes to the returns you …Read more  »

Will Texas home prices drop in the next 2 years? The Texas housing market is expected to experience a moderate slowdown over the next two years, with some regions experiencing price declines while others show growth. The overall forecast indicates a transition from …Read more  »

The housing market is a complex web of economic factors, and understanding the interest rate predictions for the next year by NAR Chief Economist Lawrence Yun can help unravel some of that complexity. Yun anticipates that the U.S. Federal Reserve will implement six …Read more  »

The landscape of US mortgage rates is a dynamic and ever-evolving arena, influenced by a myriad of economic factors and policy decisions. As we look ahead to the next five years, potential homebuyers and current homeowners are keenly interested in …Read more  »

Imagine being able to secure a mortgage with an interest rate of just 3% again. Many hopeful homebuyers are wondering: when will mortgage rates go down to 3%? Unfortunately, as of November 14, 2024, 30-year fixed mortgage rates remain around 6.78%, casting a shadow of …Read more  »

As we progress into 2025, many are asking, Will Fed interest rates go down in 2025? Current insights suggest that while some modest declines are expected, aggressive cuts are unlikely. Predictions indicate that the average federal funds rate may stabilize around 3.00% to …Read more  »

Ever wondered why your car loses value? It's depreciation! In this blog, we will learn what depreciation means & how it affects your stuff (cars, gadgets, furniture) with real-life examples. What Does It Mean to Depreciate in Value? To depreciate in …Read more  »