Hey Friends,
I have 4 fun facts to share with you today! I hope you have a great weekend!
Blessings,
Andrew
Fun Fact 1:
For every dollar spent on renovations, Maine shows the lowest home value increase and Hawaii shows the most. Interestingly, of all the home projects you can do, your garage door will net you the highest payback, according to Todays Homeowner.
Source: Source: https://todayshomeowner.com/home-finances/guides/roi-of-remo…
Fun Fact 2:
What is happening with America’s 30 year olds?
Source: John Burns Research; US Census Bureau Current Population Survey
Fun Fact 3:
Where will mortgage rates be at the end of 2025? Moody’s is the most aggressive, predicting 5.5% whereas the Mortgage Bankers Association is predicting just below 6%.
Source: Lance Lambert, Fast Company; Freddie Mac, Mortgage Bankers Association, Fannie Mae, Wells Fargo, Moody’s
Fun Fact 4:
The New Loan Application Index is remaining flat as of September 13, 2024.
Source: Lance Lambert, Fast Company; The Mortgage Bankers Association
Quote I’m pondering:
“There is nothing wrong with changing a plan when the situation has changed.” -Seneca
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Disclaimer: All information provided is for educational purposes only and does not constitute investment, legal or tax advice, an offer to buy or sell any security, or to buy or sell real estate property. Read our full disclosures HERE.
