Category: Rates

In today’s real estate market, affordability is a top concern for many buyers. With rising home prices and fluctuating interest rates, monthly payments can feel daunting. However, rate buydowns offer a powerful solution that can help you secure more affordable financing and potentially purchase the home of your dreams. Here’s how both temporary and permanent…
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When the Federal Reserve announces it’s cutting interest rates, it’s natural to think mortgage rates will immediately follow suit. But the truth is, it doesn’t work that way. Mortgage rates often move independently of the Fed’s decisions because they are influenced by a different part of the financial system: the secondary market. Let’s break it…
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In September, the Federal Reserve announced an interest rate cut, a move that many were anticipating to stimulate the economy. However, if you’ve been paying attention, you might have noticed that mortgage rates dropped before the Fed even made their official announcement. So why did this happen, and what does it mean for you as…
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