Interest Rate DisconnectMay 31 2019
"Sell in May and go away" — an old Wall Street investment strategy which suggests not owning stocks during the Summer months.
That investment strategy certainly worked this past May as stocks declined each... »
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Trade With China Causes UncertaintyMay 17 2019
The biggest story in the financial markets and around the globe is the ongoing US/China trade negotiations.
At the moment, there is no resolution and it appears there will be no resolution for at least several... »
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Is Low Inflation Finally “Transitory”?May 3 2019
"Transitory" — defined as non-permanent or lasting a very short time — is the word Fed Chairman Jerome Powell used this week at the Fed Meeting to describe the current low inflation environment,... »
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The US Economy Remains “Durable”Apr 26 2019
Good news is typically bad news for bonds and home loan rates. That has not been the trend of late, and certainly not this past week.
Durable Goods Orders is a report which shows... »
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Fed Sparks Economic ReaccelerationApr 19 2019
The economic data coming out of the US this week showed that not only is a recession highly unlikely anytime soon, but the economy is actually reaccelerating from the slowdown seen last Fall.
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Yield Curve Inversion ExplainedMar 29 2019
"It's getting better all the time" (The Beatles) That is the best way to describe the current home loan rate environment. This past week we saw mortgage rates experience their largest one-week decline... »
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Thank You, Mr. PowellMar 22 2019
The monetary authority of the United States, the Federal Reserve, meets 8 times a year to discuss the economy and adjust monetary policy to promote maximum employment and maintain price stability (inflation).
The Fed,... »
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Word of the Day: ComplacencyMar 15 2019
Volatility has disappeared in the financial markets and a sense of calm and complacency has emerged. Why? Well, thanks to the Fed, and to reduced threat of inflation and higher rates, both stocks... »
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Disinflation Washes Up On Our ShoresMar 8 2019
“It's a small world after all.” If inflation moves lower — or is expected to move lower — rates must go lower as well. That's the situation right now.
The financial markets and interest... »
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U.S. Economy Showing Solid GrowthMar 1 2019
This past week, the Bureau of Economic Analysis (BEA) reported the U.S. economy, as defined by Gross Domestic Product (GDP), grew at a 2.6% rate in the fourth quarter of 2018. Economists and... »
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“Whatever you are, be a good one.”Feb 15 2019
Presidents Day is a time to honor our past presidents. We look to Abraham Lincoln’s quote as it resonates with our mission as a company. Simply put: do as best as you can,... »
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Canary in the Coal MineFeb 15 2019
"Only got twenty dollars in my pocket…" (Macklemore & Ryan Lewis) The financial markets are sensing that the predicted government shutdown and protracted trade war with China will be averted. This is good news... »
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Issues in Europe Affect Our MarketsFeb 8 2019
Bad news is good news for the U.S. bond market and rates. This past week, bad news by way of worse-than-expected economic numbers in Europe cast a dark shadow on the financial markets.... »
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Rates Improve on Mixed Economic NewsFeb 2 2019
The Fed met this past week. As expected, they didn’t hike rates and the Fed Statement was very “dovish,” suggesting that rate hikes will be off the table for most, if not all,... »
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A Booming Economy Sees Rates ClimbJan 26 2019
Despite bond-friendly news with the unresolved US/China trade relations and the ongoing government shutdown, rates actually touched 2019 highs midweek — this as stocks continue to move higher.
Home loan rates have been on... »
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Opposing Forces Keep Rates SteadyJan 12 2019
“We are good where we stand right now.” (Fed President James Bullard — January 10, 2019) Stocks continued to react positively to Fed Chair Powell’s Jan 4th speech, where he essentially said, “we... »
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Good News for the Start of the New YearJan 5 2019
“Workin’ for a Livin’.” (Huey Lewis and the News) iPhone maker Apple, was a downer this week as the company announced a surprise weak sales and earnings forecast for the first quarter of... »
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Electrical Safety Tips During the HolidaysDec 21 2018
Electrical Safety Tips During the Holidays
Decorating your home is one of the most enjoyable parts of the holiday season. Because electricity is involved with so many holiday decorations, it's important you follow a... »
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Looking to take your listing photos to the next level?
You know the listing basics: great photos, highlight the strongest features, talk about amenities… this isn’t your first rodeo. Unfortunately, there are a lot... »
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Home Maintenance You Should Be Doing MonthlyDec 21 2018
HOME MAINTENANCE YOU SHOULD BE DOING MONTHLY
According to NerdWallet, nearly half of homeowners cite unexpected home repairs as a source of anxiety. And no wonder — surprise repairs can be costly, and they also seem... »
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Great Environment for Home BuyersDec 15 2018
“It’s a tug of war, we expected more.” (Paul McCartney) Home loan rates bounced around this week due to volatility in the U.S. Bond market, but went into the weekend still near three-month... »
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By Miriam Cross, Kiplinger.com
The line between home rentals and hotels is blurring, and that’s good news for travelers who like the idea of staying in a home away from home but are skittish... »
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2019 VA Home Loan County Limits ReleasedNov 27 2018
The 2019 VA Home Loan County Limits have been released.
2019 VA Loan Limits Announced
For 2019, the ZERO down payment limit will increase to $484,350 for most counties. For some... »
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Brexit Trouble Good for Dollar & Mortage RatesNov 17 2018
“This ain't love, it's clear to see. But darling, stay with me.” (Sam Smith) It’s clear to see there “ain’t” much love in the process of the U.K. leaving the European Union (EU)... »
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Jobs and Wages Better Than ExpectedNov 3 2018
“Workin’ 9 to 5, What a way to make a livin’.” (Dolly Parton) This past week showed more and more people working 9 to 5 and home loan rates didn’t like it.
First the... »
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10 Things Not To Do While Getting Home FinancingOct 24 2018
10 things not to do while getting home financing
Transfer money between accounts unless receiving complete documentation from your bank itemizing all transfers.
Make unnecessary checking or savings account transactions, such as withdrawals... »
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