Mortgage Blog

Decisions Regarding Monetary Policy Implementation Issued March 22, 2023

March 22, 2023 | Posted by: Jack Shotbolt

The Federal Reserve has made the following decisions to implement the monetary policy stance announced by the Federal Open Market Committee in its statement on March 22, 2023: • ...

5 Things NOT to do When Selling Your Home

March 16, 2023 | Posted by: Jack Shotbolt

The process of selling a residential property can be time-consuming and emotionally involving, especially if it is your first sale. While your home's curb appeal influences a prospective buyer's poten ...

Selling Your Home in the Winter: How You Can Make the Most of It

March 5, 2023 | Posted by: Jack Shotbolt

Selling your home in the winter can be a challenging task, but it can also be an opportunity to stand out in a crowded market. With fewer houses on the market and motivated buyers who are eager to mov ...

New Home Sales Hit 10-Month High, Despite Some Regional Decline

February 27, 2023 | Posted by: Jack Shotbolt

New home sales edged a little further out of a lengthy slump in January, topping 600,000 units for the second straight month. The U.S. Census Bureau and the Department of Housing and Urban Development ...

Weekly mortgage demand jumps 7% as interest rates drop to lowest level since September

February 27, 2023 | Posted by: Jack Shotbolt

Mortgage interest rates fell for the third straight week, while mortgage demand also rose again. Total application volume increased 7% last week compared with the previous week, according to the Mo ...

5 Things to Consider Before Flipping a House

January 17, 2023 | Posted by: Jack Shotbolt

House flipping can be a tempting way to make fast money, but not every fixer-upper has the potential to be profitable. Here's five things to consider before buying a property to flip. 1. Time Tele ...

Should You Spend the Full Mortgage Amount You're Approved For?

December 28, 2022 | Posted by: Jack Shotbolt

Before you start shopping for a new home, you'll need to know exactly how much house you can afford. Otherwise, you could end up in a home that is way out of your budget. What you qualify for may not ...

10 Things to Know About the Offer Process

November 30, 2022 | Posted by: Jack Shotbolt

10 Things to Know About the Offer Process Before making an offer on your dream house, here are the ten things you need to know about buying real estate to ensure your offer is solid. Buying real e ...

10 Important Questions to Ask Your Contractor

November 9, 2022 | Posted by: Jack Shotbolt

10 Important Questions to Ask Your Contractor Are you thinking about hiring a contractor before selling real estate? Here are ten important questions you should ask the contractor before signing a co ...

Fed raises interest rates again, hints at smaller increases ahead

November 2, 2022 | Posted by: Jack Shotbolt

Recent indicators point to modest growth in spending and production. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated, reflecting sup ...