Category: Financing
5 Reasons to Hold Real Estate in a Land Trust
September 28th, 2024
Are you a target for tenant lawsuits? Are your assets easy to locate? Do you own rental properties in your own name? You wouldn’t walk around with a financial statement taped to your forehead would you? So why would you …Read more »
Refinancing Frenzy: Mortgage Demand Surges by 20% in Latest Week
September 25th, 2024
Imagine getting a lower monthly payment on your mortgage because you decide to refinance. Sounds great, right? This scenario illustrates why mortgage refinance applications are becoming increasingly popular. As homeowners look to take advantage of decreasing interest rates, many are …Read more »
Mortgage Rates Forecast for October 2024: Expert Predictions
September 25th, 2024
As we look ahead to October 2024, the forecast for mortgage interest rates indicates a potential decline. By the end of October, many experts predict that mortgage rates might hover around 5.95% to 6.25% for the 30-year fixed-rate mortgage (FRM). This forecast stems from various economic …Read more »
Mortgage Rates Forecast 2024: How Low Can They Go After Fed Rate Cut
September 23rd, 2024
Mortgage rates are a hot topic as we approach 2024, and many wonder how low they will drop once the Fed cuts rates. With the economy showing signs of change and the Federal Reserve preparing to adjust rates, prospective homebuyers …Read more »
Drop in Mortgage Rates Predicted After Fed’s Historic Rate Cut
September 19th, 2024
Imagine a world where buying your dream home doesn’t seem like an uphill battle, where the idea of owning property isn't a far-off fantasy but an attainable goal. Well, lower mortgages are on the horizon as the Fed has slashed rates, …Read more »
Impact of Interest Rate Cut on Mortgages, Car Loans, and Your Wallet
September 19th, 2024
The recent decision by the Federal Reserve to implement its first interest rate cut in four years carries significant weight, especially for consumers interested in loans, whether they are for homes, vehicles, or other major purchases. For over a year, …Read more »
Predictions: How the Fed’s Interest Rate Cut Will Affect Mortgages
September 19th, 2024
Have you ever thought about how a seemingly small change in interest rates can affect everyone's financial well-being, especially if you are considering a mortgage? Predictions about how the Fed's interest rate cut will affect mortgages are especially relevant now, following the …Read more »
Fed Just Made a BIG Move by Slashing Interest Rates to 4.75%-5%
September 19th, 2024
After sustaining a 23-year high for over a year, the Federal Reserve has elected to slash the federal funds target rate by 0.50 percentage points, marking the first rate cut since 2020. This decision brings down the borrowing costs from a 23-year …Read more »
Historical Mortgage Rates Since 1950: Look at the Past (and Future?)
September 18th, 2024
Let's uncover the history of mortgage rates since 1950, from post-war boom to recent volatility. The pursuit of homeownership is a cornerstone of the American dream. But the cost of that dream, often measured in monthly mortgage payments, can fluctuate …Read more »