by admin | Dec 6, 2023 | Uncategorized
The Real Estate Industry may face a massive-disruption in business model, due to a recent ruling siding with home buyers/sellers – saying that commissions are unnecessarily high, and that the current system sets pricing such that buyer’s can not have any say in the...
by admin | Nov 22, 2023 | Uncategorized
Due to the fact that mortgage rates are at their highest point in more than 20 years, more homebuyers are considering riskier mortgage options. For 30-year fixed-rate mortgages with conforming loan sums, the average contract interest rate dropped little to 7.86% last...
by admin | Nov 9, 2023 | Uncategorized
For the second time, the Federal Reserve has chosen to maintain its target federal funds rate at this level. Due to worries about growing inflation, the Fed has raised interest rates eleven times in the last eighteen months, bringing the benchmark rate to a range of...