December 2024

ECONOMIC KNOWLEDGE What is the Federal Reserve(Bank) System? Edited by Stephen Lee with CRI   1. Definition of the Federal Reserve System The central banking system of the U.S. of America, which is the most powerful economic institution in the U.S., perhaps the world. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, signed by President Woodrow Wilson,...

Mortgage Interest Rates Review United Mortgage Nation  12/17/2024 30 yr fx (%) 15 yr fx (%) FHA (%) 10 yr Tr Y (%) 5 yr Arm (%) 7 yr Arm (%) A year ago 6.899 6.375 6.299 4.363 6.875 6.875 A month ago 6.875 6.125 6.250 4.308 6.875 6.875 Last week 6.375 5.625 5.875 4.193 6.500 6.500 This...

MARKET TREND SERIES “The Insurance Crisis Continues to Weigh on Homeowners”      Excerpted from JCHS/edited by Stephen Lee with CRI   A Study by Havard Joint Center for Housing Study Rising Home Prices and Homeowners Insurance Costs are Dual Affordability Stressors Insurance has grabbed headlines lately for good reason. As home prices remain elevated at historically high...

Mortgage Interest Rates Review United Mortgage Nation  12/10/2024 30 yr fx (%) 15 yr fx (%) FHA (%) 10 yr Tr Y (%) 5 yr Arm (%) 7 yr Arm (%) A year ago 6.899 6.375 6.299 4.363 6.875 6.875 A month ago 6.875 6.250 6.375 4.256 6.875 6.875 Last week 6.799 5.999 6.250 4.269 6.875 6.875 This...

<Roof Style and Materials>   Roof Style Gabled Roof         Clipped Gable Roof       Dutch Gabled Roof         Gambrel Roof       Hip Roof         Mansard Roof         Shed...

Mortgage Interest Rates Review United Mortgage Nation 12/2/2024 30 yr fx (%) 15 yr fx (%) FHA (%) 10 yr Tr Y (%) 5 yr Arm (%) 7 yr Arm (%) A year ago 6.899 6.375 6.299 4.363 6.875 6.875 A month ago 6.875 6.250 6.375 4.256 6.875 6.875 Last week 6.799 5.999 6.250 4.269 6.875 6.875 This...

Mortgage Interest Rates Review United Mortgage Nation 11/26/2024 30 yr fx (%) 15 yr fx (%) FHA(%) 10 yr Tr Y (%) 5 yr Arm (%) 7 yr Arm (%) A year ago 6.999 6.375 5.875 4.410 6.875 6.875 A month ago 6.625 5.875 5.999 4.146 6.625 6.625 Last week 6.875 6.125 6.250 4.308 6.875 6.875 This...