Monthly Archives: March 2022
What’s Happening with Mortgage Rates, and Where Will They Go from Here?
What’s Happening with Mortgage Rates, and Where Will They Go from Here? Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate jumped by more than a quarter of a point from just a week ago. Here’s a visual... Read More
The Best Week To List Your House Is Just Around the Corner
The Best Week To List Your House Is Just Around the Corner Are you thinking about selling your house? If so, you may want to make it a priority to start the process soon. According to realtor.com, the sweet spot for sellers is just around the corner. In a recent study, experts analyzed housing market trends by looking... Read More
A Key To Building Wealth Is Homeownership
A Key To Building Wealth Is Homeownership The link between financial security and homeownership is especially important today as inflation rises. But many people may not realize just how much owning a home contributes to your overall net worth. As Leslie Rouda Smith, President of the National Association of Realtors (NAR), says: “Homeownership is rewarding in so many ways and can... Read More
Understanding the Fed Rate Hike
Understanding the Fed Rate Hike The Fed met last week and, as expected, hiked the Federal Funds Rate by 25 basis points. Note that the Fed Funds Rate is the interest rate for overnight borrowing for banks and it is not the same as mortgage rates. Looking at their dot plot chart, the majority of... Read More
New urgent care opens in Pahrump
New urgent care opens in Pahrump “This is small but mighty,” Dr. Tali Arik said about one of the ultrasound machines at Pahrump Urgent Care. “We actually have four of these now: two for the practice, two for Urgent Care.” (Faye Burdzinski/Pahrump Valley Times)A new urgent care facility with a rotation of medical experts, sophisticated... Read More
How an Energy Efficient Home Can Be a Bright Idea [INFOGRAPHIC]
How an Energy Efficient Home Can Be a Bright Idea [INFOGRAPHIC] Some Highlights With inflation driving up the cost of everyday items, seeking out an energy-efficient home can be a great way to decrease the expenses you can control. Energy efficiency can help lower your utility bills and possibly even save you money on your taxes. Options to look for include efficient appliances,... Read More
What You Can Expect from the Spring Housing Market
What You Can Expect from the Spring Housing Market As the spring housing market kicks off, you likely want to know what you can expect this season when it comes to buying or selling a house. While there are multiple factors causing some uncertainty, including the conflict overseas, rising inflation, and the first rate increase from the Federal Reserve in over three years —... Read More
What You Need To Know if You’re Thinking About Building a Home
What You Need To Know if You’re Thinking About Building a Home If you’re ready to move up, you may be trying to decide whether you want to buy a home that’s already on the market or build a new one. And since the supply of homes available for sale today is low, you’re willing to consider either... Read More
The Many Benefits of Homeownership
The Many Benefits of Homeownership The past two years have taught us the true value of homeownership, especially the stability and the feeling of accomplishment it can provide. But homeownership has so much more to offer. Here’s a look at a few of the non-financial and financial benefits of owning a home. If you’re looking to... Read More
The Average Homeowner Gained More Than $55K in Equity over the Past Year
The Average Homeowner Gained More Than $55K in Equity over the Past Year If you’re a current homeowner, you should know your net worth just got a big boost. It comes in the form of rising home equity. Equity is the current value of your home minus what you owe on the loan. Today, you’re building that... Read More