CrossView Mortgage -NMLS #1377291

09/23/2024

**Let's TALK!! Now is the time to revisit your current financing/mortgage strategies!!**

The Fed had their most anticipated meeting of the year last week where they announced their first rate cut since March 2020!

• The Fed announced a 50 BPS reduction in the Fed Funds rate to a range of 4.75% - 5.00%

• The Fed’s Dot Plot also indicates another two additional cuts of 25 BPS reductions each before the end of 2024 (Nov & Dec)

JPow cautioned this type of jumbo cut is not going to be the norm going forward. The statement added language to say the committee is, “strongly committed to supporting maximum employment” in addition to returning inflation to the 2% goal.

The statement added language to say, “in considering additional adjustments” to rates, officials will assess incoming data, evolving outlook, and balance of risks. Looking out a little further the Fed sees inflation coming back to the 2% target by the end of next year.

The Fed also released a forecast for GDP, employment, and inflation. Looking at their projections it explains the 50 bp cut.

• Slight downgrade to GDP: 2% from 2.1%
• A big jump in unemployment estimates: 4.4% from 4%
• A downgrade in core PCE: 2.6% to 2.8%

With the market having built in rate cuts over the last few weeks and the Fed announcing the cuts – the wait is over:

CALL US TODAY!! 904-704-8004

CrossView Mortgage -NMLS #1377291

05/13/2024

**Testing out our new highlight reel, definitely need to update the stats here, sent a note to the editor for the corrections

Asking for feedback before we finalize? Should I change the colors? Add more images? What are your thoughts? **

Check out this reel featuring the recent highlights of Chris Vaughan.

02/21/2024

**Friendly reminder to all future homebuyers!! We absolutely can not emphasize these Pro-Tips enough!!

Call or text us today with any [property purchasing questions, good, bad, or ugly we have your answers!! 904-704-8004

CrossView Mortgage -NMLS #1377291 **

12/28/2023

**Very Important and Friendly Reminder to my self-employed peeps looking for maximum home loan approval in 2024. Please call me ~BEFORE~ completing your 2023 tax returns. CrossView Mortgage -NMLS #1377291 904-704-8004 or 904-325-9008**

07/12/2023

You may have heard of a smart doorbell or thermostat, but have you heard of a smart fridge? Here's a look at some smart technologies that can help augment your home.

Bring your security, efficiency and convenience to a whole new level.

07/09/2023

Compared to June of last year, the market has slowed down and homes are not selling at the same high prices. That being said, prices are still competitive as demand continues to outweigh supply.

The typical U.S. home is selling for roughly $383,000, only about $4,000 less—an estimated -1%—than ...

07/07/2023

Data showers that the rate of so-called "absentee homeowners" soared in 2020. Many homebuyers find it hard to compete with their cash offers, especially in metropolitan areas.

The share of homes sold to absentee owners has increased since 2020 across nine major metro areas, an NBC News analysis of real estate data found.

07/04/2023

It can be tough enough to keep a home clean, but keeping the air free of dust and allergens is another task altogether. This guide can help make it simple and easy.

Make sure you're breathing clean air at home with these tips on removing air pollutants and balancing humidity.

07/01/2023

According to a recent Freddie Mac report, lower-income households are managing to buy homes despite affordability challenges in the current market.

The percentage of below-median income households that own a home has climbed significantly, hitting 53% in the first quarter of 2023.

06/28/2023

By following these seven steps, you can help ensure you have the financial resources you need to buy your next home with fewer obstacles and less stress.

Step 4 is especially crucial before applying for a loan.

06/25/2023

No matter where you are on your journey to affordable homeownership, the twice-monthly newsletter can provide you with valuable insights and relevant information.

Sign up and stay tuned for this week's posts.

06/23/2023

Looking to start a renovation project soon? It might be a good idea to read through this list of common delays that most homeowners don't see coming.

Don’t start that renovation project until you’re aware of these potential roadblocks and the delays they can cause.