July 26, 2017
The Fed’s most recent two-day meeting concluded on July 26, and they have decided to keep everything the same for the next six weeks or so. However, their decision could […]
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Home Buying · Mortgage Strategy
June 20, 2017
There has been a lot of news lately about rising home prices. But if you are thinking about buying a house this year, there are plenty of things that you […]
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Home Buying · Mortgage Rates · Mortgage Strategy · News
June 14, 2017
After their two-day meeting concluded on June 14, the Federal Open Market Committee (FOMC) voted to raise the federal funds rate by one-quarter of a percentage point. This will increase […]
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Home Buying · Mortgage Strategy
May 3, 2017
In a country so politically polarized that even consumer confidence is now split along partisan lines, it should come as no surprise that President Donald Trump’s impact on the housing […]
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Home Buying · Mortgage Strategy
March 27, 2017
With more than 15 million jobs added in the past decade, the U.S. economy isn’t showing signs of slowing down anytime soon. More jobs and a better economy translates […]
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March 17, 2017
February saw rising rates for all types of loans, but that doesn’t mean that it was harder for mortgages to close. The average number of days it took for a […]
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Home Buying · Mortgage Strategy
March 14, 2017
There are plenty of reasons that someone might want to move into a 55 and over retirement community. For those thinking about buying in a retirement community, there are several […]
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Mortgage Rates · Mortgage Strategy · News
March 10, 2017
Job growth over the past month exceeded expectations, continuing a trend of the economy growing quicker than expected. For home buyers, this almost certainly means higher mortgage rates. In the […]
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Home Buying · Mortgage Rates · Mortgage Strategy
March 9, 2017
When you’re in the process of getting a home loan, at some point you’ll have to lock in your mortgage rate. This might be months in advance, mere days before […]
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February 15, 2017
Applying for a mortgage can be nerve-wracking. Underwriters consider your credit. They dig into your divorce decree. They scrutinize your savings and inspect your income. Yikes. But they also ignore […]
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Mortgage expert Tim Lucas has been helping home owners for over 12 years.
