It’s definitely a seller’s market: Buyer sentiment sags in poll

With home prices and mortgage rates showing few signs of easing, only 19 percent of Americans thought May was a good time to buy. Continue reading

Does this financial analyst have an economic crystal ball?

Could an obscure chart provide a roadmap for investment? Bernice Ross talks with money mentor Chris Naugle about this little-known pattern of economic highs and lows dating all the way back to the 19th century. Continue reading

Housing is outperforming, but recession may still be in the cards

Fannie Mae economists say “extraordinarily tight” inventories of existing homes driven by mortgage lock-in effect has shifted demand toward new homes. Continue reading

Consumers finally get it: Mortgage rates are probably going down

A more optimistic outlook of where mortgage rates are headed drives the largest increase in Fannie Mae’s Home Purchase Sentiment Index in more than two years. Continue reading

10 things that are killing deals in 2023 (and how to avoid them)

This market will be another badge of honor we can add to our resume, and will position us to be the best possible advisors to clients and prospects. Continue reading

Mortgage applications surged last week but rates are climbing again

Applications for purchase mortgages rose 5 percent last week, but a strong jobs report and ongoing bank instability are pushing mortgage rates back up. Continue reading

Fed signals it may be done raising rates, but Powell won’t talk pivot

Bank failures and potential debt ceiling showdown are wildcards for Fed policymakers weighing their next move as the threat of recession looms. Continue reading