Highest Rates in Over a Year (And a Small Recovery) While the milestones may be significant, the underlying reasons for them remain simple. Let’s start with the milestones, even though they’re not the fun kind. On Thursday, average 30yr fixed mortgage…
Introduction As the end of July approaches, many families are preparing for the back-to-school season. This period is not just about stocking up on school supplies; it’s also a strategic time for families considering a move to a new home…
Introduction As we move deeper into the summer months, the real estate market often experiences a surge in activity. August, in particular, can be a competitive time for homebuyers. With more daylight hours and the desire to settle before the…
For 3 months, they were almost inseparable. Then in June, they went their separate ways. Now oil and rates are back together in July, for the most part. Specifically, movement in oil prices was highly correlated with movement in rates…
Understanding Mid-Summer Mortgage Trends The peak of summer is upon us, and with it comes a lively real estate market. Whether you’re considering purchasing a new home or refinancing your existing mortgage, understanding current trends can give you a strategic…
Understanding the Summer Housing Market The summer months, stretching from the Fourth of July to Labor Day, create a vibrant season for the housing market. This period is often marked by increased activity as families aim to settle into new…
Understanding the Impact of Hurricane Season on Homeownership As we approach the peak of hurricane season this July, it’s crucial for homeowners, especially those in coastal and high-risk areas, to take proactive measures to protect their homes and financial investments…
Since March 1st, the Iran war has been the primary reason for movement and volatility in the bond/rate market. Pre-war motivations were woefully muted. That changed a bit with the jobs report two weeks ago and it changed again…
Since late March, markets have had repeated opportunities to play deal or no deal when it comes to ending the Iran war. Sometimes we won. Sometimes we lost. Last week’s installment was touch and go, but ultimately a winner…
Introduction With the Independence Day holiday just around the corner, many homeowners are considering home improvement projects to enhance their living spaces. Summer is an ideal season for renovations, and refinancing your mortgage could be a strategic way to fund…
