As expected, the Fed raised the Federal Funds rate by 75 bps. So the rate that banks borrow overnight is now 3.75-4%. In the beginning of this year, it was 0-.25%. The mortgage market already had priced this increase into mortgage rates and was more interested in the comments made after the meeting. The initialContinue reading “Interest Rates Update”
Category Archives: Uncategorized
FEED MY STARVING CHILDREN
While real estate is certainly an important part of our lives and yours, it is healthy to be reminded of how blessed we are while others around the world struggle to meet even their daily needs. The Your@Home Team has been working with Feed My Starving Children (“FMSC”) for about the last 15 months to help pack meals for thoseContinue reading “FEED MY STARVING CHILDREN”
Should You Still Buy a Home with the Latest News About Inflation?
While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire for conversations about a recession. You’re likely feeling the impact in your day-to-day life as you watch the cost of goods and services climb.Continue reading “Should You Still Buy a Home with the Latest News About Inflation?”
Have Kids in College?
How to buy an investment property with your children Rent near college campuses can be very high. Landlords are typically making a good return on their money. What if that landlord was you? In one transaction you could: If your child is going to college or graduate school, you can purchase a home near theirContinue reading “Have Kids in College?“
An Attitude of Gratitude
‘Thank you’ is the best prayer that anyone could say. I say that one a lot. Thank you expresses extreme gratitude, humility, understanding. –Alice Walker We hear a lot about “gratitude” – often to the point of not recognizing it, seeing it or hearing it in our lives. Introspectively, it is easy to overlook whatContinue reading “An Attitude of Gratitude“
9 Reasons Photos Increase Your Happiness
Today it is easier than ever to document your life and photos have become the biggest way of doing so. The ease with which we can take pictures and upload it to our computer, Facebook, Instagram, or some other application makes us rely heavily on those applications to preserve our precious photos. Maybe we shouldn’tContinue reading “9 Reasons Photos Increase Your Happiness”
Curbio – Renovate Today – Pay Upon Sale
Have you ever thought about selling your home, but, then got overwhelmed with the idea of getting your home ready to sell. RE/MAX has partnered with Curbio, a company that does presale renovations and doesn’t require payment until the home closes. Most buyers prefer to buy a move in ready home over one that needsContinue reading “Curbio – Renovate Today – Pay Upon Sale”
Is Your Credit Score Standing in Your Way?
Everyone can benefit from improving credit scores, especially when buying a home. The higher your credit score, the better your chances of getting approved for a mortgage, it can also help you get a lower interest rate and lower mortgage insurance. Credit scores range from 300 to 850, mortgage applicants typically get the best ratesContinue reading “Is Your Credit Score Standing in Your Way?”
Mortgage Rate Forecasts & Three Things Buyers Can Do in Today’s Housing Market
If you’ve been thinking of buying a home, you may have been watching what’s happened with mortgage rates over the past year. It’s true they’ve risen dramatically, but where will they go from here, especially as the market continues to slow? As you think about your homeownership goals and decide if now’s the time to makeContinue reading “Mortgage Rate Forecasts & Three Things Buyers Can Do in Today’s Housing Market“
Planning To Retire? Your Equity Can Help You Reach Your Goal.
Whether you’ve just retired or you’re thinking about retirement, you may be considering your options and trying to picture a whole new stage of your life. And you’re not alone. Research from the Retirement Industry Trust Association (RITA) shows 10,000 Baby Boomers reach the typical retirement age (65) every day, and only 47% of the people in that generationContinue reading “Planning To Retire? Your Equity Can Help You Reach Your Goal.”