18
Nov
By Todd Grey
Financial Reports, ,

What’s Ahead For Mortgage Rates This Week – November 18th, 2019

Last week’s economic reporting included readings on inflation, testimony by Federal Reserve Chair Jerome Powell, and weekly readings on mortgage rates and new unemployment claims. Rising Gas Prices Fuel Jump in Inflation Consumer inflation increased at its fastest pace in seven months according to the Consumer Price Index for October. Consumer prices rose 0.40 percent and exceeded analysts’ forecast of 0.30 percent and September’s reading of 0.00 percent inflationary growth.  Analysts attributed the jump in prices to rapidly rising gasoline prices. October’s reading for core inflation, which excludes fuel and food prices, supported this view. Core inflation grew by 0.20…
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15
Nov
By Todd Grey
Real Estate, ,

How To Navigate The Changing Remodeling Market

Remodeling is a common project that homeowners take on. If you are looking to remodel your home, it is important to keep in mind that this involves more than just improving your living area. If you remodel your home, you might also be expecting to generate a return on your investment.  In prior years, a home remodel meant an increase in the value of your home. Furthermore, some people actually make money by buying homes, fixing them up, and selling them. This is commonly called "flipping." Unfortunately, like other sectors of the economy, this market ebbs and flows. Recently, it…
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14
Nov
By Todd Grey
Real Estate, ,

How To Practice Electrical Safety Around Your Home

Electricity plays an important role in your home. It helps keep you warm, allows you to cook meals, and brightens up the interior of your house. At the same time, electricity is a common hazard. Electrocution accidents can lead to burns, serious injuries, and even death. You should feel safe in your own home. Therefore, it is a smart idea for you to remember a few important tips when it comes to electrical safety at home. Watch Out For Damaged Power Cords One of the most common causes of electrocution accidents at home is from damaged power cords. Over time,…
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13
Nov
By Todd Grey
Real Estate, ,

4 Critical Tips To Consider When Hiring A Home Contractor

There are many reasons why you might be interested in hiring a home contractor. These professionals are an important part of helping someone attain their dream home. While everyone cares about the price of the contractor, this is not the only factor that you should consider. After all, the home is where people spend a lot of their time. By thinking about price alone, you might be sacrificing quality. It is important for you to take the proper steps when it comes to hiring a home contractor. There are a few factors that you should keep in mind. Start The…
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12
Nov
By Todd Grey
Financial Reports, ,

What’s Ahead For Mortgage Rates This Week – November 12th, 2019

Last week’s scheduled economic news included the Federal Reserve’s survey of loan officers and the University of Michigan’s report on consumer sentiment. Weekly readings on mortgage rates and new jobless claims were also released. Fed Survey of Loan Officers Finds Banks Tightened Lending Standards The Federal Reserve’s survey of financial institutions found that lenders tightened standards for credit card and other consumer loan approval. Lending officials said that concerns over the economy drove decisions to tighten standards for new credit cards, auto loans, and personal loans. Lenders also tightened lending requirements for new borrowers in January and March. January’s revision…
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