GREENWAY BLOG

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

MarketMinute | Interest Rates Fell This Week

MarketMinute | Interest Rates Fell This Week

Both new jobless claims and continuing claims fell last week. Layoffs remain low even as hiring slows across the broader labor market. Second quarter GDP was revised up to 3.3%, more than expected. Growth was driven by strong consumer spending and fewer imports. Consumer confidence slipped in August as worries about finding jobs, tariffs, and inflation weighed on household optimism. New home sales fell in July after June’s sharp upward revision. The housing market is still struggling as consumers...

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MarketMinute | Rates remain flat while we wait on the Fed

MarketMinute | Rates remain flat while we wait on the Fed

Jobless claims rose to 235K last week, up 11K, reaching the highest level since June and signaling a possible cool-down in the labor market. Minutes from last month's Fed meeting showed debate over tariffs’ impact on prices. Board members worried more about inflation than job losses. Tariffs are starting to impact consumer prices. Retailers like Home Depot and Walmart acknowledge passing rising import costs on to shoppers. In August, builder confidence hit its lowest point in 5 years. Rising...

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Week-by-Week Moving Checklist for a Stress-Free Home Transition

Week-by-Week Moving Checklist for a Stress-Free Home Transition

  Buying a new home is one of life’s biggest milestones— and while securing the right mortgage is a huge part of the journey, the moving process itself can be just as overwhelming. Between packing, coordinating movers, and transferring utilities, it’s easy to feel like your to-do list never ends. That’s why we’ve created a week-by-week moving checklist to help you stay organized from the moment you sign your mortgage paperwork to the day you’re settled into your new home. And the best part? You can download the full printable checklist here so you can keep it handy every step of the way. Why Planning Ahead Matters...

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MarketMinute | Purchase Apps Continue To Rise

MarketMinute | Purchase Apps Continue To Rise

Consumer inflation was slightly higher in July but still met expectations, ramping up markets' bets that the Fed would cut rates in September. Wholesale inflation rose much more than expected in July, signaling tariff costs may trickle down to consumers in the coming months. Markets are currently betting on Fed policy rate cuts to begin in September. Mortgage rates already reflect the market speculation. The refinance share of mortgage activity increased to 46.5% of total applications from 41.5% the...

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MarketMinute | Rates fell this week!

MarketMinute | Rates fell this week!

Recurring unemployment claims jumped to their highest level since November 2021, indicating it’s harder for job seekers to find work. Expectations for a September Fed rate cut surged this week after last month’s jobs report revealed major downward revisions to prior data. Services activity stalled in July as orders flatlined and hiring weakened. Input costs saw their biggest jump in nearly 3 years. Goldman Sachs warned that housing will drag on economic growth in the 2nd half of the year....

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