Fed Chair Warsh Just Changed the Mortgage Math: What Homebuyers Should Do Before September’s Meeting
Fed Chair Kevin Warsh did not directly change mortgage rates. The Federal Reserve does not set the rate quoted on a 30-year home loan. But his first Jackson Hole speech changed what markets expect the Fed may do next. That matters because mortgage lenders price loans based largely on longer-term bond yields, inflation expectations, and […]
4 HOA Red Flags I Learned the Hard Way (After Selling Two Condos in the Same Complex)
A recent Wall Street Journal story on spotting HOA risks before you buy a home stopped me in my tracks. I didn’t even need to read past the headline to feel a jolt of recognition. My husband Earl and I lived through our own HOA fiasco not too long ago, when we sold two investment […]
Want to Buy a Home? Fix This First: Your Credit Profile
Understanding your credit score is crucial for anyone looking to manage their financial health effectively. A credit score is a numerical representation of your creditworthiness, typically ranging from 300 to 850. This score is influenced by various factors, including your payment history, the amount of debt you owe, the length of your credit history, types […]