Will Mortgage rates stay higher forever?

Will Mortgage rates stay higher forever?

  Wow, 2024 was definitely a surprise, at the beginning of the year, there were huge predictions of a rapid decline in rates, fast forward to 2025 and now rates are actually rapidly increasing even after the federal reserve cut short term rates.  Why are rates...
Year of the elk, are you ready

Year of the elk, are you ready

The above is a picture of my windshield after a chance early morning encounter with an elk; I walked away while my car was basically totaled.  Why is 2025 the year of the elk as elk should typically be the least of your worries?   What does this mean for the upcoming...
Will mortgage rates drop anymore in 24, how about 2025?

Will mortgage rates drop anymore in 24, how about 2025?

  When I was writing this article mortgage rates were hovering right around 7%.  At the same time economists had been predicting a sharp decline in mortgage rates and a booming 2024 real estate market as the fed has cut rates.  On the other hand, the chart above...