Tina Kalafut, Branch Manager, CMG Financial

04/30/2024

Congratulations Tina!

06/12/2023

06/16/2022

Housing construction slowed in May due to continued builder backlogs, supply chain delays, and rising mortgage rates. Housing starts fell 14.4% month-over-month to a seasonally adjusted annual rate of 1.55 million. Building permits fell 7% month-over-month to a seasonally adjusted annual rate of 1.70 million. The expectation with higher rates is that more homes will be available on the market, so construction is understandably preparing.

06/15/2022

In June, the Federal Reserve decided to raise the benchmark interest rate another 75 basis points, or 0.75%. The aggressive hike likely comes as a response to last week’s Consumer Price Index revealing that inflation is at a 40-year high. While this hike may seem intimidating to borrowers, it could help curb inflation faster.

06/15/2022

DIY projects may seem intimidating, but with the right tools, they can be accomplished quickly and with little-to-no out of pocket cash. Plus, they can increase your home’s value if done right. Learn more: http://spr.ly/6187zj2C5

06/13/2022

After the Federal Open Market Committee voted to raise the federal benchmark interest rate by 0.5% in May, what can you expect from its decision this week? Read here: http://spr.ly/6183zbcD1

06/10/2022

In May, the consumer price index saw a 1% month-over-month and 8.6% year-over-year increase, reaching the highest level since 1981. On the other hand, the core CPI reported a lower level in May.

06/08/2022

Owning a home brings a lot of pride and joy but also requires maintenance throughout the year. Here’s our home maintenance checklist for the summertime: http://spr.ly/6182zkfYk

06/06/2022

This week, the consumer price index is scheduled for release and will reveal data on May’s levels of inflation. Here’s what we know: http://spr.ly/6184zXcDy

06/01/2022

While you wait for closing day to arrive, it’s crucial to monitor your spending. Here’s why: http://spr.ly/6186zp4Gk

06/01/2022

In April, U.S. construction spending rose 0.2% month-over-month and 12.3% year-over-year to a seasonally adjusted annual rate of $1.74 trillion. As builders are working to replenish housing inventory, residential construction spending saw a 0.9% month-over-month increase to a level of $891.5 billion.