With all of the economic uncertainties, many homeowners find themselves facing financial hardships that impact their ability to meet mortgage payments. Whether it's due to job loss, medical emergencies, or other unexpected circumstances, the fear of … [Continue reading]
What’s Ahead For Mortgage Rates This Week – June 3rd, 2024
The Federal Reserve’s preferred inflation data, the PCE Index, was the highlight of this week. These were followed up loosely by trade balance, retail inventories, and GDP — all of which are strong secondary indicators for current … [Continue reading]
Explaining Earnest Money: A Crucial Element in Real Estate Transactions
If you're stepping into the world of real estate, understanding earnest money is paramount. So, let's dive in. What is Earnest Money? Earnest money, also known as a good faith deposit, is a sum of money provided by the buyer to the seller as a sign … [Continue reading]
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