What’s Ahead For Mortgage Rates This Week – January 6th, 2025

With the holiday season coming to a conclusion, there was little in the way of data releases. Last week, the main reports were the Chicago Business Barometer and the ISM Manufacturing Index, both indicating a slight contraction in the manufacturing sector. This comes as we await the upcoming administration change at the White House. The impact of this is relatively minimal, with lending rates continuing their downward trend. Next week we will be expecting the year-over-year for both the Consumer Price Index (CPI) and Producer Price Index (PPI), wrapping up 2024. Chicago PMI The Chicago Business Barometer, also known as…
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The Importance of Location in Real Estate

When it comes to real estate, you’ve likely heard the phrase, “Location, location, location!” This isn’t just a catchy mantra, it’s a fundamental truth that underscores the value of any property. While a home’s design, size, and features play a role in your buying decision, the location is often the most critical factor that determines both the property’s current worth and its long-term potential. Why Location Matters More Than Ever The location of a property influences nearly every aspect of homeownership, from daily convenience to future resale value. A property’s location can shape your lifestyle, your access to amenities, and…
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Real Estate Resolutions for 2025 and Setting Your Home Goals

As we step into 2025, it’s the perfect time to reflect on the possibilities a new year can bring, especially when it comes to your real estate goals. Whether you’re dreaming of buying your first home, investing in property, or upgrading your current living space, setting clear, actionable resolutions can help guide your journey and turn your aspirations into reality. Why Set Real Estate Resolutions? Real estate is one of the biggest and most impactful investments you can make. Your home isn’t just a place to live; it’s a foundation for your lifestyle, a source of stability, and often a…
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