by Joe Peres | Aug 1, 2024 | First Time Home Buyer, Homeowners, Mortgage
The Federal Reserve’s July 2024 meeting, led by Chair Jerome Powell, provided critical insights into the U.S. economic outlook, monetary policy, and their potential impacts on various sectors, including the housing market. In this article, we analyze the top...
by Joe Peres | Aug 1, 2024 | First Time Home Buyer, Homeowners, Mortgage
The Federal Reserve’s FOMC meeting on July 31, 2024, provided crucial insights into the current economic environment and future monetary policies. The outcomes of this meeting are particularly relevant to the housing market as they directly impact mortgage interest...
by Joe Peres | Jun 12, 2024 | First Time Home Buyer, Homeowners, Mortgage
Summary and Implications for Federal Funds Rate and Mortgage Rates The press conference highlights a cautious but optimistic outlook from Chair Jerome Powell regarding the U.S. economy’s progress towards achieving stable prices and maximum employment. Despite...
by Joe Peres | Jun 12, 2024 | First Time Home Buyer, Homeowners, Mortgage
The Federal Reserve’s FOMC meeting on June 12, 2024, provided essential insights into the current economic environment and future monetary policies. The outcomes of this meeting are particularly relevant to the housing market as they directly impact mortgage...
by Joe Peres | May 3, 2024 | First Time Home Buyer, Mortgage, New Home Purchase
Employment verification is a crucial step in the mortgage application process. Lenders require verification to ensure that applicants have a stable income and employment history, which impacts their ability to make mortgage payments. The NYCDOE provides a...
by Joe Peres | May 2, 2024 | First Time Home Buyer, Homeowners, Mortgage
Summary and Implications for Federal Funds Rate and Mortgage Rates The press conference highlights a cautious but optimistic outlook from Chair Jerome Powell regarding the U.S. economy’s progress towards achieving stable prices and maximum employment. Despite...