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Market Comment Mortgage bond prices finished the week near unchanged which held rates flat. However, considerably volatility continued throughout the week. Rates worsened Monday and Tuesday, bounced back Wednesday and Thursday morning, and lost ground Thursday afternoon and Friday morning. The data was generally solid with very little price pressures. Leading economic indicators fell 1% … Continue reading MIG Market Watch, January 30th, 2023
Black History Month is an incredibly beautiful time to reflect on the contributions of Black Americans and explore the Black American experience. There are books, articles, and documentaries filled with information about Black contributions to music, politics, history, rebellion, and other expressions of joy. Through progress, we hope to add more justice, humanity, creation, and … Continue reading Black History Month – Looking at the Generational Wealth Gap and Homeownership
One of the things to think about before buying a home is how long you expect to live there. If you’re planning to move in a year or so, you may be better off delaying your purchasing decision. What if you already own and home and are trying to decide if you should sell? Well, … Continue reading How Long Should You Live in a House Before Selling It?
Market Comment Mortgage bond prices finished the week near unchanged which held rates flat. However, there was considerable volatility throughout the week. Rates worsened Monday morning, bounced back Tuesday, and finished the week trading back and forth. The data was generally solid with very little price pressures. NAHB housing was 35 vs 31. Industrial production … Continue reading MIG Market Watch, January 23rd, 2023
Market Comment Mortgage bond prices finished the week higher which helped rates improve. There were very few economic releases but considerable volatility. Rates improved to start the week, quickly reversed course Tuesday, bounced back Thursday afternoon, and sold off again Friday morning. Inflation data was lower than expected. Consumer prices fell 0.1% vs the expected … Continue reading MIG Market Watch, January16th, 2023
When a homeowner thinks about selling their house, they want to know how much money they could make. Although it’s one of the most common questions, there’s no easy answer. The money a home clears when it sells depends on several factors. Let’s look at the biggest things that impact how much a seller can … Continue reading How Much Can I Make From the Sale of My Home?
Most homeowners have heard the term “building equity” and know it’s a positive thing. Some, however, may not know exactly what it means or how to do it. The good news is there’s more than one way to build equity. Let’s look at some of the best ways to build equity in your home. What … Continue reading 6 Smart Ways To Build Equity in Your Home
Market Comment Mortgage bond prices finished the week near unchanged which held rates flat despite significant volatility throughout. Rates improved to start the week but quickly reversed course in response to stronger than expected data and continued oil price fluctuations. There are strong concerns that China’s demand will decrease as their production is impacted by … Continue reading MIG Market Watch, January 9th, 2023
Open houses are great ways for hopeful homebuyers to collect information and get an idea of the type of house they want to buy. If you’re in the market, make every open house visit worth your while with these 10 tips. Focus on the “Bones” of the House Don’t be charmed by professional staging and … Continue reading Top 10 Ways for Buyers to Get the Most Out of an Open House
You may have decided the size of house you want, the number of bedrooms, bathrooms, and how much you want to pay. But where do you want it to be located? If you haven’t decided on which neighborhood you want to live in, use these tips to make a smart choice. Consider Your Preferences Narrow … Continue reading Use These Tips to Research Neighborhoods While House Hunting
While we may not have a crystal ball, we have been in this industry a long time. We’ve seen it all. That’s why we’re confident that with our experience and the insight of some additional experts, we can predict what’s coming this year. If you’re thinking about buying or selling but don’t know what to … Continue reading Housing Market Predictions for 2023
