What’s Ahead For Mortgage Rates This Week – February 26th, 2018

Last week's economic releases included minutes from the most recent FOMC meeting, a report on January sales of pre-owned homes and weekly readings on mortgage rates and new jobless claims. FOMC Minutes: Economic Strength Hints at More Rate Hikes Minutes of the January 30-31 meeting of the Fed's Federal Open Market Committee indicated that most Committee members believe that inflation will reach the Fed's goal of 2.00 percent. Members found that the economy was stronger since 2017 and expected "a gradual upward trajectory of the federal funds rate would be appropriate." While analysts expect three rate hikes in 2018, the…
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Can Your Waistline Be Affected By Your Kitchen Colors?

Have you ever walked into your kitchen and instantly felt hungry? Rarely do people think about the colors that they choose to paint their kitchens. They are often too busy worrying about whether the kitchen will match the rest of the home, or whether the colors will be satisfactory to the rest of the household. However, as much as you might want to have a special color in your kitchen, your brain is very likely wired in a way to react in ways that you may not have intended! When painting and decorating your kitchen, you may want to think…
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When Is the Right Time to Buy Your First Home? Use This Easy 4 Point Checklist

Are you growing tired of renting? Or perhaps you've recently graduated from college and are looking to set down some roots? Whatever the case, buying your first home is an exciting prospect. Let's take a look at a quick and easy four-point checklist that you can use to determine if you are ready to buy your first home. #1: Is Your Credit In Good Shape? How is your overall financial health? Once you have your down payment saved up, you should turn your attention to your credit rating. If you are going to borrow a mortgage to help cover the…
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