What’s Ahead For Mortgage Rates This Week – February 20th, 2024

Last week's release of CPI and PPI resulted in slightly higher than expected inflation rates which led to speculation that the Federal Reserve's decision to cut rates will likely come much further in the year than anticipated. There was some suspicion that if inflation rates would continue to exceed predictions, it could result in another rate hike. Lending partners have responded in kind with the first significant increase in lending rates since the end of November. However, The Federal Reserve will likely maintain its current stance.  Other reports such as US Retail Sales are showing a drop, but this is…
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The Importance of a Pre-Sale Home Inspection: A Wise Move Before Listing

Preparing to sell your home requires numerous decisions: Should you freshen up the paint? Finally, finish the basement. Renovate the bathroom? These questions often dominate the pre-sale planning. However, before diving into renovations, it is important to understand how your home has held up over time. One fundamental step in this process is investing in a professional home inspection. Here's why. Assessing Your Home's Current Condition Consider your home's age and its maintenance history. When was its last professional inspection? Has it weathered any significant damage? Take a stroll around your property, paying close attention to key structural elements. Are…
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Unveiling the Power of VA Loans for Veterans

For the brave men and women who have served in the armed forces, the dream of homeownership becomes more attainable and rewarding through the power of VA loans. We will discuss the unique features that make VA loans a tool for veterans, empowering them to secure homes with financial flexibility and favorable terms. No Down Payment: Breaking the Barriers VA loans stand out prominently by eliminating one of the most significant barriers to homeownership – the down payment. For veterans, this means the opportunity to own a home without the burden of accumulating a substantial upfront amount. The power of…
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