08/07/2024
Stocks stage bullish comeback following $6.5T selloff - InvestmentNews
The S&P 500 benchmark rides a wave of dip-buyers as experts reaffirm the value of "healthy" corrections.
08/07/2024
Mortgage rates are at their lowest point of the year, making it an ideal time to consider refinancing or reassess your home buying power. Predicting future rate movements is challenging, and waiting for the absolute lowest point can be risky. Now is the moment to explore your options.
Reasons To Refinance: Debt consolidation, lower payments, shorter loan term, access equity for home improvements or other financial needs.
Purchasing: Don’t wait, others will be jumping in as rates improve increasing your competition and bidding wars.
Feel free to reach out if you’d like to go over your options. I’m here to help!
08/06/2024
Hypothetical Question: If rates do decline eventually, what do you think home appreciation will do? What will that mean if you are waiting for rates to drop before buying a home?
National home prices hit another all-time high per Case-Shiller, with May posting a seasonally adjusted 0.3% rise from April. Prices were also 5.9% higher than a year earlier, with Case-Shiller noting that their “home price index has appreciated 4.1% year-to-date, the fastest start in two years.”