GREENWAY BLOG

13 March 2026

MarketMinute | Inventory and sales are up!

Consumer inflation met expectations in February, slowing from January’s level and marking the lowest core annual rate since 2021. The budget deficit surpassed $1 trillion for the fiscal year through February but was sharply lower than the same period a year ago.  New jobless claims fell last week, easing concerns about labor market weakness after February’s surprise drop in employment.   Existing home sales grew unexpectedly in February. Lower mortgage rates and steady prices...

READ MORE

6 March 2026

MarketMinute | Home Buyers Are Coming Off the Sidelines — Here’s Why

Oil prices jumped this week as the Middle East conflict raised concerns about shipping and supply restraints in the global oil market. Rising oil prices renewed inflation fears and reduced expectations of Fed rate cuts, pushing rates higher.  Current labor data, including unemployment claims and the ADP private payroll report, gave conflicting views of labor market strength. Rates briefly hit 4-year lows last week, moving purchasers off the fence. Purchase apps rose 6.1% for the week and 10% year...

READ MORE

3 March 2026

Why Getting Pre-Approved for a Mortgage Is the First Step to Buying a Home

  Why Get Pre-Approved Before Buying a Home? If you’ve decided now is the time to take the plunge into homeownership, your very first step should be getting pre-approved for a mortgage . A mortgage pre-approval gives you clarity, confidence, and a competitive edge in today’s market. Before you start touring homes, it’s important to understand what you can comfortably afford and what your monthly payment will likely look like. What Is a Mortgage Pre-Approval? A pre-approval means a lender reviews your income, assets, and credit and determines how much you’re qualified to borrow — subject to certain conditions....

READ MORE

27 February 2026

MarketMinute | How did rates impact mortgage apps?

  The labor market continues to show resilience. Jobless claims came in lower than expected last week, indicating layoffs remain relatively low. Consumer confidence was better than expected in February, though the share of consumers viewing jobs as "hard to get" reached a 5-year high.  The prospect of being replaced by AI is leading higher income workers to stay in their jobs longer, reports CNBC. ICE reports home prices grew 0.5% in January, a slight slowdown from 2025’s...

READ MORE

20 February 2026

MarketMinute | Housing Starts Rebound

Last week's initial jobless claims saw the biggest drop since November, coming in at 206K and pointing to labor market stabilization. Fed meeting minutes showed many officials were worried more about inflation than the labor market, making a cut in March unlikely.  The U.S. trade deficit widened to $70.3 billion in December, marking one of the largest annual gaps on record.     Pending home sales continued to slide in January. Improving affordability was not enough to...

READ MORE