As we approach the 2024 Presidential Election, there are rumblings in the mortgage market. Will this be like every other election year right before the election, interest rates “magically” decline? We shall see. Because mortgage rates have been higher than in past years, are there new programs that you may be able to take advantage […]
You’ve probably heard a lot about mortgage rates recently. Headlines may talk about the Federal Reserve’s (the Fed) recent meeting and its impact on rates. However, the Fed doesn’t directly set mortgage rates, despite what the headlines might imply. The reality is that mortgage rates are influenced by various factors, including geopolitical uncertainty, inflation, and […]
If you talk to anyone about real estate, it is inevitable that the conversation will come around to interest rates. Interest rates have not moved much in the past few months. If anything they seem to have increased. We are nearly halfway through May of 2024. Interest rates have been the talk of the country. […]
Like most people we are all wondering what it is the real estate market and the mortgage marketing going to do. Can we make a safe prediction? Does the data tell us anything? Are you on the fence as to whether you should buy or sell? Should you get out of your apartment? Townebank Senior […]