The fallout from the Silicon Valley Bank failure has brought volatility to the market forcing interest rates lower. The short drop in interest rates have seen a spike in mortgage applications as buyers take advantage of lower rates. The Continue Reading
Homebuilder Sentiment Grows Homebuilder sentiment rose in March as new home sales rose for the 3rd straight month. Giving builders hope that the worst is now behind them as demand for new homes continue to be strong. Even with low Continue Reading
The Federal Reserve has been raising interest rates over the last year from 3% to 7% bringing the real estate market to a grounding halt. Even though there are still people purchasing homes, the higher interest rates have affected affordability Continue Reading
Mortgage Rates Drop The ripples of the bank failure of Silicon Valley Bank is affecting the 30yr fixed mortgage rates. As the market digests the bank failure. Rates have dropped from 7.05% on Wednesday to 6.57% on Monday. The Continue Reading
After 3 years of people working remotely has the time come for everyone to go back to the office in 2023? Many companies are trying to end remote work and require a minimum amount of days a week in the office. Not surprisingly many Continue Reading
