Building Wealth Brick by Brick In the ongoing debate about renting versus homeownership, the tide is increasingly favoring those who opt to own. While renting offers flexibility, the decision to buy is more than a transaction – a strategy focused…
This week’s financial and housing market activity update… The Economy October witnessed a notable 3.6% downturn in factory orders, surpassing expectations and marking the most substantial monthly decrease in over three years [Reuters]. Job openings dropped to 8.7 million, falling…
Treat Your Work as a Business Whether you are new to being self-employed or have been working on your own for a while, it’s important to have your business finances in order. Not only will this help during tax…
For those looking to purchase a home, making sense of today’s mortgage rate trends and the forces that move them is key to smart financial planning. As the housing market shifts late in 2023, we’ll break down what’s impacting rates…
This week’s financial and housing market activity update… The Economy Inflation Holds Steady at 3.5%: The Federal Reserve’s key measure of inflation, gauged through personal spending, demonstrated a year-over-year increase of 3.5% in October, aligning with market expectations. Mixed Signals…
This week’s financial and housing market activity update… The Economy In October, the durable goods orders experienced a sharper decline than anticipated, influenced by diminished demand for auto parts due to the UAW strikes. Despite lower than expected durable goods…
Taking the plunge into homeownership brings much excitement, but for first-time homebuyers, it also comes loaded with hurdles that call for care. To smooth your entry into the market, steer clear of these frequent faux pas: 1. Skipping the Importance…
Blemished credit need not doom your home dreams. Learn how strategic moves can open doors to a mortgage with a low credit score. Though imperfect scores limit options, those doors don’t fully close. The key is to take the right…
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…
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…
