Avenue Mortgage, LLC

NMLS #1115220

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What’s Ahead For Mortgage Rates This Week – August 12th, 2024

August 12, 2024 by Kay Monigold

With so little in the way of data releases following the previous week's FOMC Rate Decision, we're left with a small release schedule with Consumer Credit and U.S. Trade Deficit rounding up the reports. While relatively light indicators of the current health of the economy, they are still useful for determining more impactful trends in the future. Next week, the inflation data reports with the CPI and PPI are the ones to look out for. This time, these are the ones that will largely determine whether we see rate cuts this year, and lending partners have already been lowering rates in anticipation.

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

Exploring Alternative Paths to Homeownership

August 9, 2024 by Kay Monigold

Purchasing a home is a significant milestone, and traditional mortgages aren't the only route to achieving this dream. For many homebuyers, especially those who may face challenges with conventional financing, exploring alternative financing options can be a game-changer. We will discuss three creative financing options: rent-to-own, lease-purchase agreements, and shared equity arrangements.

Filed Under: Home Buyer Tips Tagged With: Creative Financing, Home Buying, Tips Rent To Own

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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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