GREENWAY BLOG

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

MarketMinute | Find Out Who's Planning To Sell Soon

MarketMinute | Find Out Who's Planning To Sell Soon

Initial jobless claims fell to 207K last week, down 11K from the prior week and the largest single-week drop since February. Core inflation held at just 0.2% month over month in March and 2.6% year over year, even as headline CPI jumped 0.9% on an energy price spike.  Consumer sentiment hit a record low of 47.6 in April's preliminary reading, driven by energy costs and conflict concerns. Builder confidence slipped to 34 in April, but the share of builders cutting prices eased to 36% and average...

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Home Equity Loan vs. Cash-Out Refinance: Which Option Makes More Sense?

Home Equity Loan vs. Cash-Out Refinance: Which Option Makes More Sense?

  Thinking about renovating your kitchen, paying down high-interest debt, or covering a big expense like college tuition? If you’ve built equity in your home, you may already be sitting on a valuable financial resource. Two common ways to access that equity are a home equity loan and a cash-out refinance. Both can get you the cash you need—but they work differently, and the better option depends on your personal goals. Let’s walk through the basics so you can make a more informed decision.   Understanding the Basics Before comparing options, it helps to know how these loans are structured: Lien : This simply...

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MarketMinute | Who's planning to sell soon?

MarketMinute | Who's planning to sell soon?

The Fed's preferred inflation gauge, the PCE Index, rose 2.8% in February, above the Board's 2% target. Core inflation rose 3%. Core capital goods orders rose more than expected in February, signaling steady business investment ahead of recent geopolitical tensions.  Minutes from the last Fed meeting showed growing openness to a rate hike in March, as officials worried an energy shock could push inflation higher. Housing inventory climbed 8% year over year in March, per ICE's Mortgage...

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MarketMinute | Affordability improves!

MarketMinute | Affordability improves!

Job openings fell last month to 6.9 million, and hiring dropped to the lowest level in almost 6 years, signs of a sluggish labor market. Consumer confidence improved slightly in March, though households remain uneasy about the job market and rising inflation.  After 3 months of declines, February’s retail sales saw their biggest increase in 7 months, suggesting the economy is on solid footing. Home prices rose 1.6% year over year in January, according to the FHFA Home Price Index. The monthly...

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Spring Home Maintenance Lineup: 6 Must-Do Tasks

Spring Home Maintenance Lineup: 6 Must-Do Tasks

  Prep your home for a grand-slam season! Spring is here—which means it’s time to step up to the plate and give your home a fresh start. Just like a winning team prepares during spring training, a little effort now can set you up for a strong season ahead. The good news? You don’t need a big-league budget to make an impact. With a few smart moves, you can knock out essential home maintenance, boost curb appeal, and keep everything running smoothly all year long. 1. Make a Triple Play For Safety When you “spring forward,” replace batteries in smoke and carbon monoxide detectors and test home alarm systems. It’s a...

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