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Weekly Mortgage Newsletter – 6/21/2022

*This post is written by our Preferred Lender* A Fed rate hike, hot wholesale inflation, weakening builder confidence, and signs of economic slowdown led to a volatile week in the markets. Here are the top headlines: Fed Rate Hike Largest Since 1994 Wholesale Inflation Declines Slightly But Remains Elevated Builder Confidence Weakens as Homebuyer Traffic …

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Weekly Mortgage Newsletter – 6/27/2022

*This post is written by our Preferred Lender* Inventory issues continue to impact home sales and rental home prices while Fed Chair Powell said a recession is “certainly a possibility.” Here are the key stories: Existing Home Sales Still Strong Into Summer The Real Scoop on New Home Inventory Fed Chair Powell Testifies That Recession …

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Weekly Mortgage Newsletter – 6/13/2022

*This post is written by our Preferred Lender* Consumer inflation reached a 41-year high in May while annual home price appreciation tied another record high in April. Here are the key headlines: -Consumer Inflation Hits Highest Level Since 1981 -Majority of Top Economists Do Not Believe We’re in a Housing Bubble-Annual Home Price Appreciation Ties …

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Perspective on the Current Shift in the Real Estate Market

“How’s the market?” is the question we are always asked. Regardless if it’s with family and friends, or at our open houses – people want to know. Being a transitory time in the market: now more than ever, the answer to this question is both crucial and detailed. Currently, our market is experiencing a shift …

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