by The Mark Klein Team | Apr 17, 2020 | Real Estate
According to data compiled by Realtor.com in the fourth quarter of 2019, it is still more affordable overall to rent versus buy a home — but just barely. The median monthly mortgage payment at the end of 2019 was $1,600, while the median monthly rent payment was...
by The Mark Klein Team | Apr 16, 2020 | Real Estate
There are two times when it is best to buy a home. When you have to buy one and when you can afford to buy one. In general, owning a home is better than renting one because you are building up equity for yourself, instead of throwing your money away by helping the...
by The Mark Klein Team | Apr 13, 2020 | Financial Reports
Last week’s economic reports were limited due to closures connected with coronavirus regulations. The Federal Reserve did not issue minutes for the most recent Federal Open Market Committee meeting as the meeting was canceled. Inflation readings were released;...
by The Mark Klein Team | Apr 6, 2020 | Financial Reports
Last week’s economic reporting included readings on pending home sales, Case-Shiller Home Price Indices, and Bureau of Labor Statistics reports on national unemployment. Weekly readings on mortgage rates and first-time jobless claims were also released. Pending...
by The Mark Klein Team | Apr 3, 2020 | Mortgage
The COVID-19 (Coronavirus) pandemic has impacted every industry across the country. Many people are being asked to shelter in place and everyone has been asked to practice social distancing to try to curtail the spread of this deadly virus. The Federal Housing Finance...