Leading off with the FOMC Minutes, the Federal Reserve has stated once again they will maintain a “gradual” approach to cutting interest rates, which has aligned with their goals of meeting their target 2% inflation goal. The PCE Index release numbers, the Federal Reserve’s preferred inflation indicator, have shown everything is within expectations. So while the rate cuts may be a gradual process, there is much optimism that they are coming. Following those reports were … [Read more...]
What You Can Do Now to Prepare for Mortgage Rate Drops
As we move into the last month of 2024, many potential homebuyers are eagerly awaiting a drop in mortgage rates. With inflation numbers looking promising, there's hope that the Federal Reserve will lower the federal funds rate, which typically drives mortgage rates down as well. If you're planning to buy a home or refinance when rates drop, now is the perfect time to start preparing. Here are five key steps to get ready for the mortgage rate decrease and ensure you’re in the best possible … [Read more...]
Thank You for Your Trust and Support This Holiday Season
As we gather with family and friends this Thanksgiving, I want to take a moment to express my gratitude to all of my past and potential clients. In this season of reflection, I’m reminded of how thankful I am for the trust and confidence that clients place in me throughout the homebuying journey. Whether you're a first-time buyer, refinancing, or working on a new home project, it's an honor to help make your dreams of homeownership a reality. Your decisions, your hopes, and your goals … [Read more...]
Why Tax Prep is Crucial for Mortgage Applicants
When you are preparing to buy a home, tax season should be on your radar as it plays a significant role in your mortgage application process. Whether you're a first-time homebuyer or a seasoned investor, how you file your taxes can have a direct impact on the mortgage you qualify for. Understanding this connection can help streamline the process and potentially save you money on your loan. How Tax Returns Impact Your Mortgage Application The income reported on your tax returns is one of the most … [Read more...]
