This week’s economic data, including existing home sales, jobless claims, GDP growth, and the PCE inflation report, may influence mortgage rates that are hovering around 7%. Higher inflation or strong economic indicators could lead to sustained or increased rates, prompting buyers to consider locking in rates early.
Category: Home Mortgages
Week Ahead: Economic Factors Driving Up Mortgage Rates
Mortgage rates are facing upward pressure as the bond market reacts to a resilient U.S. economy. Last week’s employment report showed better-than-expected job gains, pushing the 10-year Treasury yield near 5%. Rising energy prices are also adding to inflationary pressures, making it less likely for the Federal Reserve to ease interest rates soon. This week,…
Why a Renovation Loan?
As a mortgage lender, I specialize in connecting clients with renovation loan options tailored to their unique needs, empowering them to seize opportunities and unlock the full potential of the market. Let’s explore how a renovation loan can turn your homeownership dreams into reality, even in a competitive market!
Home Builder Sentiment (December 2023)
Home builder confidence rebounded after falling for four straight months, as falling mortgage rates brought more buyers back to the market. Plus, many builders (36%) are still cutting prices to boost sales. The NAHB noted that “recent economic data signal improving housing conditions heading into 2024.”
Buying or Selling a Home This Winter? Keep These Tax Tips in Mind!
With all of the expense that can go into buying or selling your home, it’s good to be aware of what you can claim and how a home can benefit you come tax time.
7 Tips for Buyers to Consider in this Market
In a challenging market, it’s essential to help our clients make informed decisions to avoid common regrets when purchasing
a home. Here are valuable insights from surveyed buyers, compiled into 7 tips to help you communicate and set better
expectations in this market.
Holiday Wreath Making Party
‘Tis the season for joy, warmth, and merriment, and what better way to celebrate the holidays than by bringing together our cherished business partners and clients for a delightful wreath-making party! Thank you to our host Happy Cabbage for letting us use their amazing Gifting Studio, we believe in the spirit of togetherness, and this festive gathering was a perfect opportunity to share the holiday cheer.
The Emma Butler Group, we believe in more than transactions; we believe in cultivating relationships, and this holiday gathering was a testament to that belief—a night of creativity, connection, and shared celebrations.
The highlight of the evening was, of course, the wreath-making activity. Guided by a talented local florist, Lee Lee Garden everyone had the chance to unleash their creativity and craft a unique holiday wreath to take home. The room buzzed with excitement as partners and clients selected from an array of lush greenery, vibrant ornaments, and festive ribbons to personalize their creations.
10 Questions to Ask a Loan Officer before Accepting an Offer
Top 10 Questions Listing Agents Have to ASK the Loan Officer BEFORE accepting an Offer: Accepting an offer on a home means taking it off the market for 30-60 days, passing on potentially well qualified buyers and a seller who will want updates on how the process is going. How can you ensure that not…
A Comprehensive Guide to Choosing the Best Mortgage Options for Unique Circumstances
Securing a mortgage is a significant financial decision, and choosing the right option can have a lasting impact on your future. Each individual’s circumstances are unique, and finding the best mortgage for your needs requires careful consideration. Whether you’re a first-time homebuyer, have a less-than-ideal credit score, or are looking for specific loan terms, this comprehensive guide will assist you in navigating the process and making an informed decision.
Emma Butler Group- Mortgage Tips & Community 