There are only three meetings left this year for the Federal Open Market Committee, and the likelihood they’ll raise interest rates in one of them looks slim. Judging by the latest meeting minutes, the Fed isn’t making any sudden changes, per usual.
Category: Industry News
Millennials bring their own style to the economy, and in terms of housing, they haven’t been all that interested to-date. Fannie Mae’s report for June from its Millennial Tracker shows ongoing trends of Millennials entering the market.
Two facts stand out in today’s housing market: rising home sales and flat/falling inventory. But if people are buying more homes, why aren’t there more homes for sale? Genworth Mortgage Insurance’s chief economist explains what exactly is going on and what it means for first-time homebuyers.
Mortgages aren’t like they used to be, for example, in today’s market there is no one-size-fits-all loan product. To help educate new borrowers, Fifth Third Mortgage executive David Gunn shared five of the biggest mistakes most people make when buying homes.
Hanging traditional wallpaper is daunting, but you can breathe a lot easier when you’ve got the removable and repositionable kind. The fear that you’ll screw up is minimal. Still, it’s helpful to know what you are getting yourself into before you get started. And tips and tricks are always handy!