Blog – RESCO

23 Mar 2026

What’s Ahead For Mortgage Rates This Week – March 23rd, 2026

Financial ReportsFinancial Report, Jobless Claims, Mortgage Rates

While delayed, the Producer Price Index has indicated that the war in Iran has pushed producer prices to new highs, as oil prices have surged amid the conflict, coming in at more than double the expected value. It is unlikely we will see prices recede, even if there is a quick resolution. There will be long-term impacts that continue to keep gas prices elevated until then. Outside of the influential PPI release, the schedule was relatively slim, with only further discussion of the FOMC rate decision, which largely focused on maintaining the status quo until more data and developments come to…

The Hidden Costs of Buying a Fixer Upper

Real Estate TipsBuyer Tips, Fixer-upper, Real Estate Advice

Buying a fixer upper can seem like an opportunity to build equity quickly. Lower purchase prices often attract buyers who believe renovations will unlock value. While that can be true, many underestimate the true cost of repairs, time, and disruption. A fixer upper requires careful evaluation before committing. Renovation Budgets Often ExpandInitial contractor estimates may not include hidden structural or system issues. Electrical updates, plumbing replacement, roof repairs, and foundation concerns frequently surface once work begins. Buyers should build a contingency buffer into any renovation budget to prevent financial strain. Time Has a CostRenovations take longer than expected. Delays may…

Understanding Inspection Reports Without Overreacting

Real Estate TipsBuyer Confidence, Home Inspection, Smart Purchasing

Home inspection reports often intimidate buyers. Detailed lists of findings can appear overwhelming, even when most items are minor. The purpose of an inspection is not to identify a perfect property. It is to highlight maintenance, safety, and system conditions so buyers can make informed decisions. Understanding how to interpret these reports prevents unnecessary anxiety. Every Home Has ImperfectionsEven well-maintained properties generate inspection notes. Cosmetic wear, aging components, and minor repairs are normal. Buyers should differentiate between routine maintenance items and structural or safety concerns. Major Systems Deserve PriorityRoof condition, electrical systems, plumbing integrity, heating and cooling functionality, and foundation…