Instant Reaction: Inflation

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October 13, 2022By: Lawrence YunInflation refuses to budge. In September, consumer prices rose by 8.2%. Rents rose by 7.2%, the highest pace in 40 years. Furthermore, rents are accelerating to higher...
Instant Reaction Mortgage Rates: July 7, 2022

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Mortgage rates plunged this week. According to Freddie Mac, the 30-year fixed mortgage rate dropped sharply by 40 basis points to 5.3 percent from 5.7 percent the previous week. As a result, home buying is...
Mortgage Interest Rates Climb Today

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Today a handful of key mortgage rates climbed higher. If you haven't locked in a rate yet, see how that could affect you.A couple of principal mortgage rates rose today. 15-year fixed and 30-year fixed...
INSTANT REACTIONS: Jobs

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March 4, 2022By: Lawrence YunPayroll job gains of 678,000 imply a move away from an easy monetary policy and a focus on containing inflation. The Federal Reserve will be raising interest rates this month...
Biggest Homebuying Deal Breakers

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The housing market remains competitive, but not to the point where home shoppers will overlook some kinds of flaws in a home. Exterior issues, like bad siding or loose bricks, and weatherproofing issues are...