If you’ve been following the news, you know that the Federal Reserve has been raising interest rates. The Fed’s efforts to bring inflation under control by raising interest rates affect many aspects of our lives in a very real way. In particular, Fed policy impacts home affordability and sales activity. But before we dive into… Continue Reading
The Federal Reserve announced last week that it will again raise rates by three-quarters of a point in an effort to combat the highest level of inflation seen in the United States in decades. While the Fed does not control mortgage rates directly, this decision will undoubtedly influence the current mortgage rates available today. First-time… Continue Reading
Current reports on housing from multiple sources indicate that the housing market’s future is unlikely to be the same as its recent past. Over the last decade, the US housing market has seen a run-up in home prices unlike any other time in history. Many experts predict that the coming correction will not be as… Continue Reading