Financial

May 19, 2024

Avoiding Predatory Lending: Understanding and Protecting Yourself

Understanding and Avoiding Predatory Lending

While predatory mortgage lending isn’t as widespread as it once was, there are still individuals who take advantage of the financial vulnerability of others. Here’s what you need to know about predatory lending and how you can safeguard yourself from unscrupulous lenders.

 

What is ...

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May 17, 2024

A Reassuring Outlook: Housing Market Stable Amid Recession Concerns

In recent years, recession concerns have loomed large, triggering worries reminiscent of the 2008 housing crisis. However, a closer examination of current expert analyses paints a more reassuring picture, dispelling apprehensions of an imminent economic downturn.

Jacob Channel, Senior Economist at LendingTree, offers an optimistic assessment of the economy's ...

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May 15, 2024

Record Highs: Home Prices Surge in Mid-Atlantic Markets as Increased Listings Bolster Inventory

In 2024, buyers eagerly awaiting more housing options have seen their desires fulfilled. April 2024 witnessed a notable 14.7% surge in new listings, marking a 4.4% increase year-to-date compared to the same period in 2023. This influx of new listings has notably bolstered housing supply throughout the Mid-Atlantic ...

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May 1, 2024

Seize the Moment: Why Selling Your House Now is a Smart Move

Considering selling your house? Alongside factors like mortgage rates and personal needs, there is another aspect worth pondering. The latest Home Purchase Sentiment Index (HPSI) from Fannie Mae reveals an uptick in the percentage of respondents who believe it is an opportune time to sell.

Why the surge in seller ...

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April 7, 2024

Exploring Mortgage Rate Updates: What You Need to Know

Exploring Mortgage Rate Updates: What You Need to Know

You might be curious about the current trajectory of mortgage rates, given recent buzz. There was anticipation of rate cuts this year, potentially lowering mortgage rates, stemming from discussions surrounding the Federal Reserve's (the Fed) actions on their Fed Funds ...

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March 11, 2024

Securing Your Family's Future: Building Generational Wealth Through Home Equity in 2024

Every parent dreams of providing a foundation for their children and grandchildren to lead healthier, happier, and more prosperous lives. In the realm of generational wealth, where assets are passed down to family members, real estate emerges as a pivotal player. This article explores the crucial role of home equity ...

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