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NWA Real Estate

Interest Rate Whoa’s?

Interest Rate Woes – stay with me to the end (it’s a long one) The average interest rate on a 30-year, Fixed Rate Mortgage climbed to a 7.09% last week according to Freddie Mac and Fannie Mae placing it at its highest point since 2002. Keep in mind that this is an average when accounting […]
NWA Real Estate

Floor vs Ceiling: Weekly Wire with Drew

Floor vs Ceiling In terms of Yields we often discuss the floor vs the ceiling in relation to Mortgage Rates. This is a result of the FOMC (Federal Open Market Committee) targeting the Federal Funds Rate as a primary tool to conduct monetary policy. Fed Funds rate is a rate with a very short maturity […]
NWA Real Estate

Market Recap May 2023

The real estate market is a crazy place to live. So every month, we gather up the latest numbers and give them to you straight. This month’s Market Update takes a look into the median house price in Northwest Arkansas and what that means for you! Look over these slides and feel free to contact […]
NWA Real Estate

Debt Ceiling Effects on Mortgage Rates

Debt Ceiling Effects on Mortgage Rates The biggest news currently with regards to the economy and the market is of course the Debt Ceiling Debate. The rates in regards to mortgages have certainly seen struggles over the last 2 weeks due to this debate and the fact that we are drawing closer to a deadline with a […]