What The Fed Rate Increase Means For You.

Here we go again… As expected, and going against the wishes of some, the Fed increased policy rates by a quarter percent at their December meeting. This is the fourth hike this year and the ninth since 2015. Previously, the benchmark rate was kept at a record low for seven years. Who is the Fed? The Federal Reserve Board (the…

The Health of the Mortgage Market

An analysis of the health of the mortgage market is done by measuring early-stage delinquency rates and transition rates indicating which stage of delinquency the market is headed for. Knowing what the mortgage market is doing and where it is heading is important to everyone in the real estate market. We had a look at the loan performance trends of 2018. …

Waiting a Year to Buy a Home

So, you are thinking of waiting a year to buy a new home. Buying a home is one of the biggest decisions you will make in your life.  Most people want to get started well in advance no matter if they are buying their first home or selling their current home to downsize or upgrade.  Two of the most important…