The Fed Cuts 0.25% But Mortgage Rates Rise Anyway As expected, the Fed cut its key interest rate by 0.25%. But mortgage rates might rise due to new Fed guidance for 2025. by Tim Lucas in Rates December 18, 2024 3 min read
What Gives Pumpkin Spice Latte Prices The Right To Rise Faster Than Home Prices? It’s a Travesty Prices for the Starbucks favorite have risen faster than home prices since 2005. Home prices should be the undisputed champ of price increases. by Tim Lucas in Real Estate November 25, 2024 2 min read
If Homes Were More Like Turkey Dinners, Buyers Could Save $110 Per Month The cost of a Thanksgiving meal has come down 9% since 2022. Home prices have only dropped 5%. What would the housing market be like if home prices were dropping as fast as turkey prices? by Tim Lucas in Real Estate November 22, 2024 2 min read
25 Most Affordable Cities for First-Time Homebuyers Affordable areas for first-time homebuyers are getting rarer by the day. 25 cities where homeownership is still within reach. by Tim Lucas in Home Loans November 11, 2024 12 min read
Can Trump Really Bring Down Mortgage Rates to ‘2%’? Trump told rally-goers in Arizona that mortgage rates would fall to 2% during his presidency. Is that anywhere near possible? by Tim Lucas in Rates November 8, 2024 4 min read
Why Mortgage Rates Are Climbing After Trump’s Election Win Trump will be the president for the next four years. What that could mean for mortgage rates. by Tim Lucas in Rates November 6, 2024 5 min read
Income Needed to Buy a $200k, $300k, and $400k House Not sure what home you qualify for? We break down how much income you might need to afford a home based on existing debts, rate, and more. by Tim Lucas in Home Loans January 6, 2025 12 min read
1981 Was The Scariest Halloween To Buy a House. 54 Halloweens Ranked Think today's market is tough? On Halloween 1981, mortgage rates hit 18% and the typical house payment ate up 73% of a family's paycheck. by Tim Lucas in Real Estate October 23, 2024 14 min read