by Racheli Refael | Jan 31, 2020 | Market Outlook
The Federal Open Market Committee of the Federal Reserve issued its scheduled post-meeting statement Wednesday. Policymakers unanimously decided to leave the target federal funds rate range unchanged at 1.50 to 1.75 percent. FOMC members reasserted previous views that...
by Racheli Refael | Jan 30, 2020 | Mortgage
According to a report that was recently published by the United States Census Bureau, the average mortgage payment has been dropping. According to the bureau, the average payment is just over $1,500 per month. This is shockingly close to the average cost of renting,...
by Racheli Refael | Jan 29, 2020 | Market Outlook
Case-Shiller Home Price Indices reported that national growth of home prices rose by 0.30 percent in November. Analysts said that slim inventories of available homes boosted home prices. Whether or not home price growth continues gaining speed depends on variables...
by Racheli Refael | Jan 28, 2020 | Real Estate
For many people, owning a home is seen as a rite of passage. At the same time, purchasing a home is expensive. As a result, many people end up renting for an extended period of time. Here are a few signs that someone is ready to stop renting and purchase a home. 1....
by Racheli Refael | Jan 27, 2020 | Financial Reports
Last week’s economic reporting was slim due to the observance of the Martin Luther King Jr. holiday. The National Association of Realtors® reported on sales of previously owned homes and the Veterans Administration announced changes to its home loan...
