GREENWAY BLOG

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

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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MarketMinute | How old is the U.S. housing stock?

MarketMinute | How old is the U.S. housing stock?

Markets are on edge as the Iran conflict pressures oil prices and stokes inflation fears, creating uncertainty for the economic outlook. Economists are starting to shift their forecasts toward a recession, with Moody's Analytics projecting the chances as high as 49% in the next year.  Markets now see little likelihood of a Fed policy rate cut in 2026 and have even started to anticipate a policy rate hike before year's end. As mortgage rates have risen, demand has softened. Total application...

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MarketMinute | Pending home sales rose in February

MarketMinute | Pending home sales rose in February

  The Fed left its policy rate unchanged at this week's meeting but signaled concern that inflation remains a problem and future cuts aren't certain. Wholesale prices rose sharply in February, providing another sign that inflation persists even aside from rising energy costs.  Jobless claims last week fell to the lowest level since January, signaling limited layoffs and labor market resilience. Builder sentiment edged higher in March, though affordability concerns remain due to...

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