Author Archives: Victoria Kellogg

Fed likely to raise rates this week. What’s the play for you?

This Wednesday, on March 15th, the Federal Reserve Board (‘The Fed’) will meet, and all signs point to them voting in favor of raising the Fed Funds Rate, a key interest rate. What does this mean for you? First, remember that they don’t literally raise mortgage rates but their actions affect the direction of stock and

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Rents continue to climb, is it time to buy?

So, as a renter, each year when you get ready to renew your lease do you shutter to see the increase that your landlord comes up with? Well, you’re not alone. Lots of renters out there are feeling the pinch as rents continue to rise according to a new report out by the U.S. Census

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Welcome Spring! Peak home buying season is here!

What are rates doing this week as we usher in the spring home-buying season?According to to Len Kiefer, deputy chief economist, Freddie Mac: “The average 30-year fixed mortgage rate fell to 3.78 percent this week following mixed housing data. Housing Starts dropped 17 percent to a seasonally adjusted pace of 897,000 units, below market expectations. However, housing permits

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