June 20, 2022

What The Fed Interest Rate Hike Means For Home Buyers

In an effort to cool inflation the Federal Reserve has launched its largest interest rate increase since 1994 and indicated it is doing so in order to tame price hikes and bring down the cost of gas and food. There are plans to apply further ongoing increases as appropriate. The ...

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Oct. 4, 2021

What’s the Difference between a Pre-Approval and Pre-Qualification?

When buying a home you’ve heard that you will need to Pre-Qualify or be Pre-Approved for a mortgage. These are two very important steps in the mortgage application process and although the terms are used interchangeably there are important differences that buyers should know. One of our experienced Robb Realty ...

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Posted in Buying a Home, Finance
March 10, 2020

What the Coronavirus Means for Your Home Loan and Mortgage Rates

Mortgage rates have plummeted since the beginning of the year to the lowest average since 2016 as a result of market movements in response to the coronavirus. In addition, the Fed recently made the rare move to lower the federal funds rate by a half-point to a range of 1 ...

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