New Fed Chair Report Card: What Kevin Warsh’s First Month Means for Mortgage Rates

The Federal Reserve has a new boss, and his opening moves just sent a clear signal to Wall Street, the housing market, and anyone tracking mortgage rates. Kevin Warsh officially took over as Fed Chair on May 22nd, and his highly anticipated first Federal Open Market Committee (FOMC) meeting wrapped up on June 17th. If […]

Pitfalls & Pluses of Doing Business with Family or Friends When Getting a Mortgage

Buying a home is one of the biggest financial decisions most people will ever make. Because of that, many homebuyers naturally feel more comfortable working with someone they already know. I hear this frequently: “We’re using a friend.” “My cousin is handling the loan.” And sometimes that works out wonderfully. There are real advantages to […]

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