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Markets in a Minute, Housing Market News, November 17, 2023

This week’s financial and housing market activity update… The Economy October’s consumer price index (CPI) showed a better-than-expected slowdown in inflation. This is naturally spurring predictions that the Federal Reserve may continue to pause its aggressive interest rate hikes. The…

More Than Just a Mortgage: A Handy Guide to Home Ownership Expenses

Becoming a homeowner is a significant and exciting milestone, but it’s essential to understand that home ownership expenses extend far beyond the monthly mortgage payment. To ensure financial preparedness, let’s explore the various costs associated with home ownership. Local Property…

Markets in a Minute, Housing Market News, November 10, 2023

This week’s financial and housing market activity update… The Economy In an effort to manage expectations for rate cuts, Federal Reserve members addressed the need to combat inflation and maintain stability in the market. Over the past 16 years, there…

Markets in a Minute, Housing Market News, November 3, 2023

This week’s financial and housing market activity update… The Economy The Federal Reserve Board announced this week that it will maintain the current policy interest rate and suggested that the recent run-up of long-term treasury yields could help stave off…

Navigating Higher Mortgage Rates: Essential Insights for Homebuyers

With today’s higher mortgage rates, many prospective homebuyers are left wondering how this will impact their plans. While higher interest rates present challenges, being proactive and working with the trusted advisors at Thompson Kane can empower you to make the…

Demystifying the Mortgage Approval Process: A Step-by-Step Guide for First-Time Homebuyers

Starting the journey towards homeownership can be intimidating, especially for first-time buyers. To succeed it will be essential to understand the complex mortgage approval process. Thompson Kane will break down that process into stages and milestones.   Let’s map out…

Markets in a Minute, Housing Market News, October 27, 2023

This week’s financial and housing market activity update… The Economy Last quarter, the economy saw its fastest growth in nearly two years, driven by increased consumer spending and decreasing inflation. Initial jobless claims inched up last week but remained at…

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