Avenue Mortgage, LLC

NMLS #1115220

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AVENUE MORTGAGE, LLC
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What’s Ahead For Mortgage Rates This Week – February 20th, 2024

February 20, 2024 by Kay Monigold

Last week's release of CPI and PPI resulted in slightly higher than expected inflation rates which led to speculation that the Federal Reserve's decision to cut rates will likely come much further in the year than anticipated. There was some suspicion that if inflation rates would continue to exceed predictions, it could result in another rate hike. Lending partners have responded in kind with the first significant increase in lending rates since the end of November. However, The Federal Reserve will likely maintain its current stance.

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

Exploring Your First Mortgage? Discover Why a Condo Could Be Your Ideal First Home

February 16, 2024 by Kay Monigold

Are you considering taking the leap into homeownership, but feeling overwhelmed by the options? Purchasing your first home is an exciting milestone, but it can also be a daunting process. One option that may be particularly appealing for first-time homebuyers is a condominium, or condo for short. We will explore why a condo could be the perfect fit for your first venture into homeownership.

Filed Under: Home Mortgages Tagged With: Condo, First Home, Mortgage

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Our Team

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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Tyler, TX 75703
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