by Carole Hiu Miller | Sep 13, 2022 | Budget Statistics, Costs, Housing Market Updates, Mortgage Rates, Real Estate Finances
During the pandemic, the U.S. housing market was red hot. Homebound people looked for new places to live, millennials were looking for their first homes, and low-interest record rates enticed buyers. When the slowdown came, it came quickly—spurred by inflation and the...
by Carole Hiu Miller | Jul 11, 2022 | Budget Statistics, Economic Factors, Housing Market Updates, Mortgage Rates, Planning, Pricing
According to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and confirmed they were strongly committed to bringing down inflation. And, in order to do so, they’d use their...
by Carole Hiu Miller | May 12, 2022 | Mortgage Rates, Real Estate Market
Despite the interest rate increase announced by the FED on May 4, 2022, mortgage rates have declined slightly as of the date this is being written. However, when put into the larger perspective, they have increased. Compared to a week ago, the mortgage rates were as...
by Carole Hiu Miller | Apr 16, 2022 | Buying A Home, Homebuyers, Mortgage Rates
It is time to buy your first home! Making this purchase is such an overwhelming process, and we want to make it as easy for you as possible. The best way to do that is to be ahead of the game. Before you jump into a new mortgage, learn how to prepare to get the best...
by Carole Hiu Miller | Dec 14, 2021 | Home Buying, Mortgage Rates
In December, mortgage rates remain stable. The 30-year fixed mortgage rate moved lower from 3.10% to 3.11% during the week ending 12/9/2021. It seems that Investors are optimistic that the omicron variant of Covid-19 will not have a significant impact on markets. ...
by Carole Hiu Miller | Sep 13, 2021 | Home Equity Loans, Mortgage Rates
Whether it’s a kitchen remodel or dedicated workspace at home, after a year of staying in, most homeowners have at least entertained the idea of a home renovation project. Skyrocketing home prices have resulted in a record amount of home equity on hand. By the end of...
