The Federal Reserve is meeting this week to decide its next step on interest rates just as its yearlong fight against inflation is colliding with a crunch in the financial sector. The Fed’s next move will be closely watched as recent bank failures are stirring memories of the 2008 financial crisis. Even before the central bank policy decision on Wednesday, investo...

• calendar_month March 21, 2023
• category Real Estate
• post 2023, Banks, Buyers, Economy, Home Sellers, La Canada, La Crescenta, mortgage rates, real estate

Here’s what the highest Fed rates in more than a decade mean for your money Did you buy a home in 2020? Did you job-hop in 2021? Did you hold off on buying a new car or home in 2022 until you can find a cheaper deal and lower interest rate? Believe it or not, one institution impacts even the tiniest of your financial decisions: The Federal Reserve. What is the Federal Reserve? ...

• calendar_month March 26, 2023
• category Real Estate
• post 2023, Banks, Buyers, California, Economy, Glendale, Home Sellers, Homeowners, Housing, interest rates, La Canada, La Crescenta, money, real estate

As if most home buyers these days didn’t have enough to grumble about regarding mortgage costs this year compared to last, they will soon have another financial thorn in their sides. Beginning May 1, 2023, under the Biden Administration’s continuing policy to rework the income redistribution in America, a new rule will raise mortgage fees for borrowers with good credit and a soli...

• calendar_month April 24, 2023
• category Real Estate
• post Banks, Economy, Housing, money, Robbyn Battles The House Agent