25 Dec 2024
By RESCO Realty

Looking Ahead with Gratitude and Hope

Holidays, ,
As the holiday season surrounds us with its warmth and cheer, we reflect on the incredible connections we’ve made this year. To our valued clients, whether we’ve worked together already or you’re considering partnering with us—thank you for trusting us to be part of your journey. This season is not only a time for celebration but also a moment to appreciate the opportunities ahead. We’re truly grateful for the chance to help you achieve your dreams, whether it's finding the perfect home or planning for a brighter financial future. As we step into the new year, we’re filled with hope…
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24 Dec 2024
By RESCO Realty

Can I Buy a Duplex with an FHA Loan?

Real Estate, ,
If you're in the market to buy a duplex or similar multi-unit property, you may be wondering whether you can use an FHA loan to finance your purchase. FHA loans are well-known for helping first-time homebuyers, but they can also be used to purchase duplexes. Here's everything you need to know about FHA loans, how they work, and whether they're a good fit for your homebuying plans. What is an FHA Loan?An FHA loan is a mortgage insured by the Federal Housing Administration, designed to make homeownership more accessible. These loans come with lower down payment requirements, making them ideal…
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23 Dec 2024
By RESCO Realty

What’s Ahead For Mortgage Rates This Week – December 23rd, 2024

Financial Reports, ,
The rate cut by the Federal Reserve was hotly anticipated, and as predicted, they proceeded with the reduction, signaling the possibility of further cuts depending on inflation data. Although markets were generally receptive to the positive news, other government-related issues had dampened the high spirits temporarily. Outside of the rate decision, the PCE Index (the Federal Reserve’s preferred inflation indicator) has performed positively by beating the forecast. In addition, the Consumer Sentiment was exactly where it should be as expected. PCE Index The PCE index increased a scant 0.1% last month, the government said Friday. That’s the smallest rise in…
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