Monthly Archives: February 2017

The Interest Rate Forecast for 2017

We’ve been saying since December that 4%-plus on the 30-year loan would likely be the new norm going forward. With the Federal Reserve hinting that it would like to raise the federal funds rate (the base rate) up to three … Continue reading

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Current market conditions, from rising interest rates to tightening housing inventories, in addition to existing financial obligations may make millennials feel like they can’t become homeowners. But millennials shouldn’t simply give up on their ambitions to eventually buy a home. To become … Continue reading

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How To Interpret Something From Nothing

Federal Reserve Chair Janet Yellen garnered a lot of attention this week for her Humphrey-Hawkings testimony before Congress. It appears Fed watchers and financial-market participants were bowled over by the following commentary: Yellen said that if employment and inflation are … Continue reading

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What to Consider as a First-Time Homebuyer

Buying a home for the first time can be intimidating. Whether you’re fresh out of college or buying for the first time later in life, there are several things potential homeowners need to consider before making a purchase. Making a … Continue reading

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The Post-Election Doldrums

The president, as opposed to a dictator, has limited powers. Pre-election hyperbole will always be tempered by the two other branches of government — the legislative and the judicial. This fact is a frustration to those who support a new … Continue reading

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Is a USDA Loan Right for You?

Here’s one government agency you might not associate with mortgage lending: the U.S. Department of Agriculture. The USDA can provide another mortgage option for potential rural homeowners who might be having trouble with other lenders. These loans are backed by … Continue reading

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New and Existing Home Sales Meander Into 2017

Markets rarely progress on a purely linear path, whether it be up or down. This includes the home-sales market.  Both new- and existing-home sales have meandered more than usual lately. Last week, new-home sales fell considerably short of the consensus … Continue reading

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