In the Know

Demand for houses still grows despite interest rates increasing
Posted Wednesday March 22, 2017 in Industry News

Potential existing-home sales decreased in February as interest rates continue to rise, according to the Potential Home Sales model from First American Financial Corp., a provider of title insurance, settlement services and risk solutions for real estate transactions. Potential home sales increased to a 5.7 million seasonally-adjusted, annualized rate. While this is down 0.5% from January, or… Read more »

City vs. Suburbs: A New Study Breaks Down Exactly How Much More It Costs For Families To Live An Urban Life
Posted in Home + Lifestyle

From million-dollar condos to $8 beers, the bright lights of the big city don’t come cheap. In fact, living in New York City costs a family with young children $71,237 more per year than life in the surrounding suburbs. That’s according to a joint study by Zillow and Care.com that compared the costs of housing, property taxes, and childcare… Read more »

Fed Announces Rate Hike
Posted Wednesday March 15, 2017 in Industry News

In a statement, the Fed explained its actions: “In view of realized and expected labor market conditions and inflation, the Committee decided to raise the target range for the federal funds rate to 3/4 to one percent. The stance of monetary policy remains accommodative, thereby supporting some further strengthening in labor market conditions and a… Read more »

Will You Go Mobile This Summer?
Posted Monday March 13, 2017 in Mortgage + Real Estate Tips

Are you looking to go mobile this summer and explore our country living in an RV? If so, there are lots of factors to consider for your new home away from home. Type of Adventure Will you be taking the RV out just for weekend trips or do you plans to spend a few weeks… Read more »

New bill threatens CFPB’s freedom as independent agency
Posted Friday March 10, 2017 in Industry News

The Consumer Financial Protection Bureau’s freedom as an independent agency to enact regulation could soon change due to a new bill working its way through Congress. This bill, “OIRA Insight, Reform, and Accountability Act,” has already made its way through the House and has moved onto the Senate Committee on Homeland Security and Governmental Affairs…. Read more »

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