The Federal Reserve has had a dramatic year. The U.S. Central Bank announced Wednesday that it will not be changing interest rates again this year, and it looks like they might hold steady in 2020, as well. Fed Rate Changes in 2019 The federal funds rate was raised nine times Continue Reading →
Active duty and veteran homebuyers have something big to look forward to in 2020. As a result of the Blue Water Navy Veterans Act of 2019, there will be no more limits on VA loans. The Advantages of VA Loans VA loans are backed by the U.S. Department of Veterans Continue Reading →
Technology has evolved how almost all business is done in today’s economy. Yet, the mortgage industry has been a bit slower to evolve than most other industries. It still requires a lot of paper pushing with so many documents to print, sign and notarize between all the parties involved. It Continue Reading →
The National Association of Realtors (NAR) reported that existing-home sales in August were the highest they’ve been in 17 months. They were up 1.3% from July and gained 2.6% over August 1018’s sales rate. What Are Existing-Home Sales? As the term implies, existing-home sales refers to completed resales of existing Continue Reading →
The way technology continues to evolve, it’s not very difficult to imagine a day when real estate is traded online like stocks and bonds. When you think about it, buying and selling real estate is still a very old school process with a lot of paper-pushing and tedious steps involved. Continue Reading →
