For those who have less than a stellar credit history; yet, who still want to have their own home, a rent-to-own option is worth considering. A rent-to-own (RTO) agreement is a hybrid between buying a home and renting a home. Usually, RTO deals … [Continue reading]
Fed Holds Key Rate Steady As It Watches Economic Trends
Federal Reserve policymakers held the federal funds rate at its current range of 2.25 to 2.50 percent. Analysts speculated that the Fed may lower its key rate based on signs of slowing economic growth and the President's encouragement to lower the … [Continue reading]
What’s Ahead For Mortgage Rates This Week – June 24th, 2019
Last week's economic reports included monthly readings on housing market conditions, housing starts and building permits issued. Sales of pre-owned homes were released; the Federal Reserve announced its decision not to raise its key interest rate … [Continue reading]
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