Avenue Mortgage, LLC

NMLS #1115220

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What’s Ahead For Mortgage Rates This Week – October 21st, 2024

October 21, 2024 by Kay Monigold

The release of last week's inflation data has left this week with very few significant data updates. The most important information will come from various Federal Reserve members speaking on different topics. They have consistently emphasized that they will closely monitor the data to decide whether further rate cuts are needed in their upcoming rate decision meeting. Much of the market is optimistic that rate cuts will continue. Additionally, several smaller retail sales data releases are expected soon, which will provide insight into the current strength of the economy.

Filed Under: Financial Reports Tagged With: Financial Report, Jobless Claims, Mortgage Rates

Is a Cash-Out Refinance the Answer to High Credit Card Bills?

October 18, 2024 by Kay Monigold

If your credit card debt is piling up, a cash-out refinance could be the solution you need to manage your financial situation. By leveraging the equity in your home, you can consolidate your high-interest debts into a lower-interest mortgage, potentially giving you relief from hefty monthly payments.

Filed Under: Home Mortgage Tips Tagged With: Cash Out Refinance, Credit Card Debt, Debt Consolidation 

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Kay MonigoldKay Monigold
Owner/Mortgage Broker/Residential Mortgage Loan Originator
NMLS#1086176

Steven LoweSteven P Lowe, Sr
Residential Mortgage Loan Originator
NMLS #1085638

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