GREENWAY BLOG

A greener look at a mortgage process unlike anything you have
experienced before. Where experience, efficiency & integrity meet.

MarketMinute | Who's driving the first-time buyer market?

MarketMinute | Who's driving the first-time buyer market?

This week's Fed speakers reaffirmed the Board's commitment to a wait-and-see approach to rate changes due to economic uncertainty. New jobless claims were slightly better than expected, while continuing claims rose by 36K. New jobs may be hard to find despite a stable market. In an Achieve survey, 32% of households reported financial gains and 33% declines last year, though 57% had expected growth and 10% worsening.   April’s single-family housing starts were 1.6% higher than in March....

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MarketMinute | Who's thinking of selling and why?

MarketMinute | Who's thinking of selling and why?

Inflation cooled to 2.3% in April, its lowest in 4 years. Falling prices for groceries, cars, and flights offset tariff pressures. Producer prices fell in April by the most in 5 years, as companies absorbed tariff costs instead of passing them on to consumers. Retail sales rose just 0.1% in April after a March surge. Consumers pulled back amid tariff uncertainty and growing economic pessimism.   ICE’s 2025 Borrower Insight Survey found Younger Gen Z (42%) and Millennial (27%) owners are more...

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Fixed Rate Mortgage vs Adjustable-Rate Mortgage (ARM): What’s the Difference and Which Should You Choose?

Fixed Rate Mortgage vs Adjustable-Rate Mortgage (ARM): What’s the Difference and Which Should You Choose?

  Fixed Rate Mortgage vs Adjustable-Rate Mortgage:  What’s the Difference and Which Should You Choose? When it comes to financing a home, one of the most important decisions you’ll make is choosing between a Fixed Rate Mortgage and an Adjustable Rate Mortgage (ARM). Both loan types come with unique benefits, and the right choice depends on your goals, financial situation, and how long you plan to stay in your home. Let’s break down the key differences and help you figure out which might be the better fit. What is a Fixed Rate Mortgage? A Fixed Rate Mortgage is exactly what it sounds like: a loan with an interest rate...

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MarketMinute | First-time buyers are leading the purchase market

MarketMinute | First-time buyers are leading the purchase market

The Fed held its policy rate steady at its May meeting, warning of growing inflation and unemployment risks amid trade policy uncertainty. Unemployment claims fell last week. After spiking briefly at the end of April, current levels again signal a stable labor market. April's ISM data was mixed. Manufacturing activity contracted for a 2nd straight month, while the services sector grew modestly.   Buyers returned to the spring market despite economic jitters. Purchase mortgage apps rose 11% for the...

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Rate Watch: The Fed holding rates for now

Rate Watch: The Fed holding rates for now

  As expected, the Federal Reserve Board maintained its current policy rate at its May meeting. Despite recent positive indicators, the Board took a wait-and-see approach to rate cuts due to increased uncertainty about the economic outlook. What exactly did the Fed say ? The Fed’s statement described solid labor market conditions and slightly elevated inflation but emphasized growing risks in both areas. These risks present unique challenges in that growth in unemployment would dictate cuts yet also exacerbate inflation, which would usually result in rate increases. The statement reiterated that future action will be based on 'incoming data, the...

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