Is Homeownership Still the American Dream?

Defining the American dream is personal, and no one individual will have the same definition as another. But the feelings it brings out - success, freedom, and a sense of prosperity - are universal. That's why, for many people, homeownership remains a key part of the American Dream. Your home is you

Recession: What is it? What should I expect? How do I prepare?

What is a recession? Two or more sequential quarters with a significant, pervasive decline in economic activity. In the last week, the Federal Reserve announced their highest interest rate increase in almost three decades, raising rates by 75 basis points in an attempt to control the unbridled inf

A Shift in the Market Tide

As economists scramble to update their 2022 housing forecasts issued back in December and update midyear forecasts to factor in the curveballs the market has been pitched, we have been diligently paying attention to the changes and analyzing what is to come. It’s no secret that rates are soaring, an

Interest Rates Still Historically Low

The Fed recently announced a .5 raise in interest rates leading to the 30-year fixed mortgagerate to end the first week of May 2022 at 5.27%. The rate rose 17 base points and is the highestit has been since August of 2009. The same occurred for the 15 -year fixed mortgage rate,ending the week up 12