Day two of the FOMC meeting and we are about to get the word on upcoming monetary policy direction. Watch the video to hear the plan and why the government thinks this stimulus package will keep long-term rates low. The real questions is will it work and how will this affect Mortgage Backed Securities and interest rates. I’m taking a locking stance, as I fully expect some volatility this afternoon.
- How Down Payment Assistance Opens the Door to HomeownershipMany people are eager to buy a home right now while affordability continues to be a highlight of the current housing market. However, a recent survey by Sparks Research shows that 20% of first-time homebuyers cite a lack of financial education as a barrier to homeownership. This is definitely understandable. If you don’t feel comfortable […]
- Two Important Impacts of Home EquityEquity continues to rise, helping American homeowners secure a much more stable financial future. According to the most recent data from CoreLogic, the average homeowner gained $9,800 in equity over the past year. In addition, experts project 2020 home prices to continue rising. With prices going up, equity gains will also keep accelerating. Black Knight […] […]
- Selling Your House Is the Right Move, Right Now [INFOGRAPHIC]Some Highlights Demand from homebuyers has skyrocketed this year, which means today’s sellers are poised to win big. This ideal moment in time to sell your house won’t last forever, though. With more sellers coming to the market in the spring, waiting until next year means buyers will have more choices, so your home may not stand out from the crowd. Let’s co […]
- How Down Payment Assistance Opens the Door to Homeownership