19 Dec 2022 Mortgage News Weekly Welcome to GTG Weekly! We are excited to share with you the latest updates and insights from the mortgage market. Mortgage Rates: We saw a nice dip early last week with the CPI (Consumer Price Index) for November being released. The market quickly gave up those gains after the anticipated Fed announcement on 12/14 and even back tracked for some […] Share on Facebook Share on Twitter
15 Aug 2022 Understanding How Mortgage Rates are Determined When it comes to buying a home, one of the most important decisions you’ll make is how to finance it. One of the key factors in that decision is the mortgage rate. But have you ever wondered how mortgage rates are determined? The Federal Reserve and Interest Rates The Federal Reserve, also known as the […] Share on Facebook Share on Twitter
8 Aug 2022 Inflation and Mortgage Rates: How They’re Co... Inflation and mortgage rates are two economic factors that have a significant impact on the housing market. Inflation, which is the rate at which prices for goods and services increase over time, can affect mortgage rates in various ways. In this blog post, we will explore how inflation and mortgage rates are connected and how […] Share on Facebook Share on Twitter
6 Jul 2022 Finding a Home in a Low Inventory Housing Market If you’ve been on the market to purchase a new home, it’s no secret that there’s a lack of inventory across the nation. The real estate market has seen exponential growth over the past two years, leading to record high home prices and record low inventory. But, how did we get here? Even Pre-Pandemic, new […] Share on Facebook Share on Twitter
25 Apr 2022 How Do Rising Interest Rates Affect Your Purchase ... Purchasing power refers to the price of the home you can afford based on the budget you have available. Naturally, if interest rates start to increase, you will not be able to afford the same home on the same budget. In a nutshell, you will be paying more for the same home if the interest […] Share on Facebook Share on Twitter
