Overview Due to severe storms in Iowa, FEMA has declared the following counties a disaster. Incident Period: May 20, 2024 to May 21, 2024 State FEMA Disaster Declaration Counties Iowa 05/24/2024 Adair, Montgomery, Polk and Story Re-Inspection by Product Type If your loan is … A re-inspection is required … Under these circumstances … FHA […]
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Overview Due to severe storms, straight-line winds, tornadoes, flooding, landslides and mudslides in West Virginia, FEMA has declared the following counties a disaster. Incident Period: April 2, 2024 to April 6, 2024 State FEMA Disaster Declaration Counties West Virginia 05/22/2024 Boone, Cabell, Fayette, Kanawha, Lincoln, Marshall, Nicholas, Ohio, Putnam, Wayne, Wetzel Re-Inspection by Product Type […]
Overview Due to severe storms, straight-line winds, tornadoes, landslides and mudslides in Kentucky, FEMA has declared the following counties a disaster. Incident Period: April 2, 2024 State FEMA Disaster Declaration Counties Kentucky 05/22/2024 Boyd, Carter, Fayette, Greenup, Henry, Jefferson, Jessamine, Mason, Oldham, Union and Whitley Re-Inspection by Product Type If your loan is … A […]
This past week interest rates inched up as "higher for longer" signs around the globe emerged. Before we get into the news, let's take a moment to reflect on this Memorial Day holiday and its significance. Originally called Decoration Day, Memorial Day was first observed after the Civil War and is in remembrance of those […]
This past week interest rates have reached the lowest levels in over a month. Let's discuss what happened and what news to watch next week. Ahhhh Last Wednesday, the highly anticipated Consumer Price Index was released. Back on April 10th, the previous CPI reading was reported hotter than expected and pushed interest rates to the […]
This past week, interest rates held steady or moved sideways after the nice decline we experienced a couple of weeks ago. Let's discuss what happened and look at the news items in the week ahead. Fed Speakers Toeing the Line "Eventually we'll have rate cuts, but for now monetary policy is in a very good […]
This past week interest rates ticked up to the highest level since November on continued inflation fears. Let's discuss what happened and look at the important news in the week ahead. Lack of Confidence Federal Reserve Chairman Jerome Powell shared this on Tuesday: "We've said at the FOMC that we'll need greater confidence that inflation […]
This past week interest rates moved higher with the 10-year Note yield briefly touching the highest levels of the year. Let's discuss what has happened the past couple of weeks and look ahead. The Fed and Rate Cuts A little more than two weeks ago, Federal Reserve Chair Powell, led the world to believe the […]
Mortgage rates improved slightly in this holiday-shortened week. Let's discuss what happened as the first quarter of 2024 comes to an end and we brace for a surprise on Monday, April Fool's Day. Fed Members Not Aligned At the most recent Fed Meeting, Fed Chair Jerome Powell led the markets to believe there will be […]
The Federal Reserve met this week and reaffirmed rate cuts are coming but, how many and why? Let's discuss what happened and look into the week ahead. Mixed Fed Messages On Wednesday, the Federal Reserve met and decided to once again pause and not cut rates. This was widely expected, as inflation has been reported […]