What’s Ahead For Mortgage Rates This Week – November 25th, 2024

Following the election results, the University of Michigan's Consumer Sentiment Report painted a less-than-stellar picture, reflecting stagnation in sentiment. The prior week was relatively light, aside from the Consumer Sentiment data. However, the S&P PMI Industrial Numbers provided a brighter outlook, indicating some acceleration in manufacturing activity as the holiday season approaches. Looking ahead, the coming week is expected to deliver more significant data on inflation, including the Federal Reserve's preferred measure, the PCI Index. PMI Services Index The economy sped up in November and kept the U.S. on track for another strong quarter of growth, fueled by optimism about…
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Why Getting Preapproved Before Your House Hunt Is Crucial

Buying a home is one of the biggest financial decisions you'll ever make, and you want to make sure you’re as prepared as possible. Whether you’re just starting to browse homes or are ready to put in an offer, one of the most important steps you can take is getting preapproved for a mortgage. Not only does it streamline the home-buying process, but it also puts you in the best position to make a successful offer. Here’s why getting preapproved now, before you start your house hunt, can make all the difference. What Does It Mean to Be Preapproved? Preapproval…
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Tips for Homeowners on Deep-Cleaning to Maintain a Sparkling Home

A clean, well-maintained home isn’t just visually pleasing—it’s an investment in the longevity and value of your property. If deep cleaning feels overwhelming, rest assured you’re not alone. Here are essential deep-cleaning strategies tailored to help you efficiently tackle the challenge and maintain a pristine living environment. 1. Make a List and Divide TasksThe first step to a successful deep clean is having a clear plan. Start by listing every room in your home, including often-overlooked spaces like the garage, basement, and attic, or outdoor areas like patios. Within each room, outline specific tasks (e.g., dusting, mopping, organizing). This comprehensive…
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