What’s Ahead For Mortgage Rates This Week – June 26, 2023

Last week’s scheduled economic reports included readings on housing starts, existing home sales, and Federal  Reserve Chair Jerome Powell’s congressional testimony. Weekly readings on mortgage rates and jobless claims were also released. National Home Builders Association Releases June Housing Market Index U.S.  home builder confidence rose by five points to an index reading of 55 in June according to the National Association of Home Builders Housing Market Index. The June reading surpassed the expected reading of 51 and May’s housing market index reading of 50. Component readings for the Housing Market Index also rose as builder confidence in current market…
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Maximizing Small Outdoor Spaces: Ideas for Balconies and Patios

Living in an urban setting often means compromising on outdoor space. However, even the tiniest of balconies or patios can be transformed into inviting and functional outdoor retreats. With a bit of creativity and thoughtful planning, you can maximize your small outdoor space and create a beautiful oasis right outside your doorstep. Choose the Right Furniture: When it comes to small outdoor spaces, selecting the right furniture is crucial. Pieces that are compact, lightweight, and multi-functional. Along with folding chairs, stackable stools, and collapsible tables are excellent choices as they can be easily stored when not in use. Consider investing…
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What to Look For During Your Home Inspection

Buying a new home is an exciting and significant milestone in anyone's life. However, it's essential to approach the homebuying process with caution and thoroughness to ensure that you're making a sound investment. One crucial step in the homebuying journey is the home inspection. A home inspection is a comprehensive evaluation of a property's condition, aiming to uncover any potential issues or concerns that could affect its value or safety. Below are some tips to remember when navigating a home inspection. Roof and Exterior: The roof is your home's first line of defense against the elements, so it's crucial to…
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