Category: Uncategorized

  • Interest Rate Forecast for 2025

    Interest Rate Forecast for 2025

    Aggressive Rate Cuts: Fed projects four rate cuts, reducing rates to around 4.1%. Economic Balance: Lower rates aim to boost borrowing and economic activity.

  • 12 Unconventional Ways to Lower Your Mortgage Payment

    Mortgages have increased, impacting monthly budgets. Ways to lower mortgage payments include making a bigger down payment, reducing homeowner’s insurance costs, recasting the mortgage, making bi-weekly payments, refinancing, getting a property tax assessment, negotiating a lower interest rate, downsizing, applying for a modification program, lengthening the loan term, renting out spare space, and paying mortgage…

  • Fed’s Rate Path: Forecast to End 2025

    Fed’s Rate Path: Forecast to End 2025

    OECD predicts a peak in short-term interest rates at 4.4% in Q1 2025, then a gradual decline. Interest rates are forecasted to decrease to 4.2% in Q2, 4.0% in Q3, and 3.7% in Q4 2025.

  • Are Homebuyers Gearing up for a Late-Q3 Fed Rate Cut?

    Are Homebuyers Gearing up for a Late-Q3 Fed Rate Cut?

    A cooling labor market and improved inflation outlook raise expectations of a Federal Reserve rate cut in September. The Fed has kept rates at 5.25% to 5.50% due to economic resilience and persistent CPI levels.

  • Proyecciones De Tasas De Interés Para 2027

    Proyecciones De Tasas De Interés Para 2027

    Nuevo Equilibrio: Se espera que las tasas se estabilicen alrededor del 2.9%. Previsibilidad: Un entorno más predecible para la planificación financiera.

  • How to Pay for Your Home Renovations

    If you're considering a home renovation loan, think about whether the project is necessary or cosmetic. Financing options include cash-out refinancing, home equity loans, personal loans, Fannie Mae HomeStyle Renovation loans, and FHA 203(k) loans. Factors to consider include property value, material costs, and loan terms. Assess the project scope and timeline before deciding on…

  • 4 ways to get the best home equity loan rate

    Potential homebuyers face challenges due to high mortgage rates and low inventory. Homeowners benefit from increased home equity, with an average of $300,000 available. Home equity loan rates are around 8.6%, making them a cost-effective borrowing option. To secure the best rate, shop around, ensure financial stability, consider paying points upfront, explore alternatives like HELOCs,…

  • Benefits of 2024 Fall and Winter for SC Homebuyers

    Benefits of 2024 Fall and Winter for SC Homebuyers

    Autumn sees determined sellers open to negotiations in South Carolina, accepting lower prices in September through November. In winter, housing prices drop and reduced competition helps you find negotiable deals on your dream home.

  • Costs to Sell a Home in South Carolina

    Costs to Sell a Home in South Carolina

    Total Cost: In South Carolina, selling a home typically costs 12.04% of the sale price. REALTOR® Fees: Commissions are the biggest expense, averaging 5.62%

  • Desempleo en EEUU supera el 4% por primera vez después de la pandemia

    La tasa de desempleo en Estados Unidos subió a 4,1% en junio, con 206.000 nuevos empleos creados, por encima de las expectativas. Aunque la creación de empleo fue menor que en meses anteriores, el mercado laboral se mantiene resiliente. El presidente Joe Biden destaca el crecimiento de salarios y la incorporación de más estadounidenses a…