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Housing Market Trends and Economic News Update: November 15, 2024

Thompson Kane's team is dedicated to helping our community stay on top of the ever-changing landscape of the housing market trends and the economy. Here are this week's latest developments: Housing Market Trends Mortgage Demand: Purchase mortgage applications rose by…

Rising Home Insurance Costs: Why They’re High and What’s Being Done to Help

Home insurance costs have surged over the last few years, creating financial strain for homeowners nationwide. Driven by factors like natural disasters and rising rebuilding costs, this insurance “crisis” has forced some companies to raise premiums or even pull out…

Housing Market Trends and Economic News Update: November 8, 2024

Thompson Kane's team is dedicated to helping our community stay on top of the ever-changing landscape of the housing market trends and the economy. Here are this week's latest developments: Housing Market Trends Application Trends: Purchase mortgage applications declined by…

Mortgage Payment Breakdown: Understanding Principal, Interest, Taxes, and Insurance (PITI)

Thompson Kane's lending team knows that understanding your mortgage payment breakdown is essential. In fact, it’s crucial for gaining control over your finances as a homeowner. In this guide, we’ll break down the four main components of your mortgage payment:…

Housing Market Trends and Economic News Update: November 1, 2024

Thompson Kane's team is dedicated to helping our community stay on top of the ever-changing landscape of the housing market trends and the economy. Here are this week's latest developments: Housing Market Trends Market Boost: Pending home sales saw an…

6 Big Mistakes First-Time Homebuyers Make and How to Avoid Them

Buying that first house is exciting—finally, a place to call your own! But with that thrill comes the expensive realities of home ownership. Avoiding common mistakes that first-time homebuyers make can help you approach this momentous occasion as a well-planned…

Housing Market Trends and Economic News Update: October 25, 2024

Thompson Kane's team is dedicated to helping our community stay on top of the ever-changing landscape of the housing market trends and the economy. Here are this week's latest developments: Housing Market Trends New Home Sales, Single-Family: In September, new…

Understanding Mortgage Points: How They Impact Loan Rates

When shopping for a mortgage, it’s common to see different interest rates advertised by lenders, some of which may appear significantly lower than others. However, many homebuyers may not realize that these lower rates often involve buying mortgage points—an additional…

Housing Market and Economic News Update: October 18, 2024

Thompson Kane's team is dedicated to helping our community stay on top of the ever-changing landscape of the housing market and the economy. Here are this week's latest developments: Housing Market News Builder Sentiment: Builder sentiment moved up for a…

Fall Energy Savings: Smart Strategies for Homeowners

As the leaves turn and temperatures drop, many homeowners are looking for ways to create cozy, energy-efficient spaces. At Thompson Kane, we believe in empowering homeowners with practical knowledge that can benefit both their living environment and their finances. Let's…

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