Category: Financing

Correlation Between House Prices and Interest Rates

August 31st, 2024
The thrill of finding your perfect home can quickly turn into confusion when it comes to financing. One major player in this game? Interest rates. They have a powerful relationship with house prices, and understanding this correlation is crucial for …Read more  »

Will Mortgage Rates Go Down in 2026: Predictions Say Yes

August 30th, 2024
Will mortgage rates go down in 2026? It's a question that weighs heavily on the minds of homeowners, potential buyers, and real estate investors. Predicting the future of these rates is notoriously difficult, but by examining current economic trends and …Read more  »

Brandon Miller: From Real Estate Millionaire to $34 Million Debt

August 30th, 2024
Real estate: where fortunes can be made and lost in the blink of an eye. It is often said that the real estate industry is fraught with risks and uncertainties. One day you're riding high, closing multi-million dollar deals, the …Read more  »

Mortgage Rate Drops Below 6.4% on Aug 30: Next Week’s Predictions

August 30th, 2024
Mortgage rates have just made a significant shift, with the average interest rate for a standard 30-year fixed mortgage dipping below 6.4%, specifically to 6.38% as of today, August 30, 2024. This change, though seemingly subtle, is a break from the high rates …Read more  »

Mortgage Interest Rates Hit 15-Month Low in August 2024

August 29th, 2024
In a surprising twist for potential homebuyers, mortgage rates plunge to their lowest level in 15 months, igniting discussions about what this could mean for the housing market. This recent dip in rates presents a significant opportunity for many who have …Read more  »

Mortgage Rates Fall as Fed Signals Rate Cut in September 2024

August 29th, 2024
As the housing market continues to shift, mortgage rates fall over Fed’s expected upcoming rate cut is a topic that has caught the attention of many prospective home buyers and the real estate industry. The recent remarks from Federal Reserve Chair Jerome …Read more  »

First-Time Home Buyer Government Programs: Guide for Buyers

August 27th, 2024
Buying a home is a major life milestone, and it can be especially daunting for first-time homebuyers. The down payment, closing costs, and monthly mortgage payments can all add up to a lot of money. But don't worry, there are …Read more  »

Why Are Mortgage Rates So High and Going Up?

August 25th, 2024
If you are thinking of buying a home or refinancing your existing mortgage, you might be wondering why mortgage rates are so high. High inflation, one of the most potent culprits, sits at the forefront of the problem. When the …Read more  »

How Does the Fed Influence Interest Rates?

August 24th, 2024
The Federal Reserve, often referred to as the Fed, plays a crucial role in shaping the economic landscape of the United States. One of its most significant functions is influencing interest rates, a mechanism that has far-reaching implications for the …Read more  »