GREENWAY BLOG

A greener look at a mortgage process unlike anything you have
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How to Renovate an Investment Property: Save Time, Money, and Headaches with These Tips

How to Renovate an Investment Property: Save Time, Money, and Headaches with These Tips

  Tap into your home equity for investment property upgrades Investing in real estate beyond your primary home is a powerful way to diversify your portfolio and build long-term wealth. Whether you’ve just purchased a fixer-upper to flip or own a rental that needs some TLC, careful planning can help you save time, money, and stress along the way. At Greenway Mortgage, we understand that smart renovation decisions start with understanding your goals, choosing the right funding strategy, and focusing on improvements that deliver lasting value. Key Takeaways Renovating investment properties can increase ROI by raising rent value,...

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MarketMinute | More buyers answer a call to ARMs!

MarketMinute | More buyers answer a call to ARMs!

Minutes from last month's Fed meeting showed officials largely agreed a recent slowdown in the labor market outweighed inflation concerns. The government shutdown continues this week, delaying key economic reports and making private-sector data even more important to markets. Gold hit a new high and surged past $4,000/oz as investors fled risk, seeking safety amid market volatility and Fed policy rate cut speculation. Purchase mortgage applications fell 1% for the week but were still 14% higher than...

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MarketMinute | Will the government shutdown impact housing?

MarketMinute | Will the government shutdown impact housing?

According to ADP, private payrolls saw their biggest decline in 2 1/2 years during September, a sign of labor market weakening. Despite essential services staying open, the government shutdown means key reports won’t be released, including Friday’s jobs report. Markets are already betting the shutdown will contribute to weakening the economy. There's increasing speculation of further Fed rate cuts. Pending sales of existing homes increased solidly in August to the highest level in 5...

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MarketMinute | Prices and new home sales rise

MarketMinute | Prices and new home sales rise

Initial jobless claims dropped last week to the lowest level since mid-July, signaling that most companies are hesitant to lay off current staff. The U.S. economy grew at its fastest pace in nearly 2 years last quarter after consumer spending was revised higher. Businesses say tariffs are driving up input costs, but weak demand keeps them from raising prices, squeezing margins across sectors. New-home sales jumped in August to a 3 1/2-year high, helped by lower mortgage rates and strong builder...

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MarketMinute | The Fed rate cuts rates

MarketMinute | The Fed rate cuts rates

The Fed cut its policy rate by a quarter point this week. Forecasts from Fed members indicate 2 more cuts could be coming this year. However, Fed Chair Powell noted the Fed's job could get more difficult as members balance the tension between rising inflation and a worsening job market. After an unusually large jump the previous week, initial jobless claims dropped last week by the most in nearly 4 years, falling by 33K. Builder confidence in the housing market remained unchanged in September,...

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