GREENWAY BLOG

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

MarketMinute | What do stable rates and employment mean for housing this week?

MarketMinute | What do stable rates and employment mean for housing this week?

  According to the Fed's Beige Book, employment remained stable in recent weeks, but inflation continued to rise across much of the country. Job openings climbed to their highest level in nearly two years, though companies pulled back on hiring, creating mixed signals for the economy. ADP reported that private companies added 122,000 workers in May, up from April and better than the Dow Jones consensus estimate for 110,000. Residential construction spending rose 0.8% in...

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Homeownership Costs Are Climbing. Here’s What You Can Do

Homeownership Costs Are Climbing. Here’s What You Can Do

  One of the biggest advantages of owning a home has always been stability—especially with a predictable monthly mortgage payment. For many homeowners, the 30-year fixed loan continues to provide that consistency. But the mortgage itself is only part of the picture. In reality, the full cost of owning a home includes much more than principal and interest. Expenses like insurance, property taxes, utilities, and ongoing maintenance have all increased significantly in recent years. In 2025 alone, these non-mortgage costs rose about 4.7%, outpacing household income growth of 3.8%.[1] Why Are Homeownership Costs Rising? Today, the average homeowner...

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MarketMinute |  Mortgage applications are rising

MarketMinute | Mortgage applications are rising

    Applications for unemployment benefits rose slightly last week, but remain at a level consistent with a stable labor market. Another key inflation reading shows the 12-month inflation rate at 3.8%, much higher than the Fed's target rate of 2%. Final gross domestic product readings for the first quarter came in softer than preliminary readings, falling from 2% to a final reading of 1.6%.     April's new home sales were lower than...

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MarketMinute | Are rising rates diminishing demand?

MarketMinute | Are rising rates diminishing demand?

  Last month's Fed minutes showed officials are no longer considering policy rate cutes but instead are weighing rate hikes as inflation moves higher.   Applications for unemployment benefits remained low last week, signaling layoffs are still relatively limited despite recent job cut announcements.   Economists expect inflation to worsen in the coming months, with consumer prices projected to rise as much as 6% in the second quarter.   Builder sentiment edged higher in May despite rising rates, economic uncertainty, and high construction costs.  ...

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MarketMinute |  Inventory is slowly rising

MarketMinute | Inventory is slowly rising

Wholesale prices posted their largest annual gain in over 3 years in April, pointing to rising inflation pressures from higher supply costs. Consumer prices rose faster than expected in April to the highest levels in 3 years as increased energy costs added to growing inflation concerns. Consumers kept spending in April despite sharply higher gas prices, with retail sales rising for a 3rd straight month. Existing home sales edged up less than expected in April as high mortgage rates and affordability...

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