Increasing inflation and pending recession… what does this mean for those looking to obtain a mortgage to purchase a home? In an effort to fight inflation and avoid recession the Federal Reserve is increasing interest rates. Today, June 15th, the Federal Reserve is hiking the rate by 0.75% in a bid to tackle the mounting Read More
Author: John Burke
It’s not just Connecticut… House prices rise in all 50 States
In a recent press release from the Federal Housing Finance Agency (FHFA), house prices have risen 18.7% from the first quarter of 2021 to the first quarter of 2022. The FHFA House Price Index (FHFA HPI®) were up 4.6% compared to the fourth quarter of 2021. more in their press release “U.S. House Prices Rise Read More
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