GREENWAY BLOG

19 June 2026

MarketMinute | The Fed left rates unchanged and oil prices fell

  The Fed left its policy rate unchanged at its June meeting but signaled rate hikes may come later this year to tame inflation. Retail sales beat expectations in May. It was the 4th month of solid spending, highlighting the economy's resilience despite high gas prices. Oil prices fell dramatically after Iran and the U.S. signed a memorandum of understanding that opens the Strait of Hormuz to commercial traffic.       Single-family housing starts slipped 1.9%...

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15 June 2026

Who Should You Trust for Home Buying Advice?

  When you're buying a home, you'll likely receive advice from all directions. Friends and family share their experiences, social media offers endless tips, and news headlines provide constant updates about the housing market. While all of these sources can be helpful, it's important to remember that not all home buying advice is created equal. The challenge isn't that people are trying to mislead you. Most advice comes from a genuine desire to help. The issue is that mortgage guidelines, loan programs, and market conditions change frequently, and what was true for one person may not apply to your situation. Here are three common sources of...

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12 June 2026

MarketMinute | Mortgage applications and home sales rise

Consumer inflation was up 4.2% in May from a year earlier, as increased energy prices trickled over into everyday products. Wholesale inflation for May rose at the fastest pace in more than 3 years, also driven by fuel and energy costs. Jobless claims were the highest since February. The increase can be attributed to volatility around school summer breaks and holidays. NAR reports May's existing home sales jumped to the highest level since December. Inventory rose 3.3% for the month, up to 1.55 million units. The median price of an existing home in May was $429,300, a 1.3% increase from the year...

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8 June 2026

The Hidden Tradeoffs of Staying Put: Is Your Low Mortgage Rate Keeping You Stuck?

  It’s easy to stay put when your mortgage rate feels like a win. Low rates create comfort and for many homeowners, that comfort turns into hesitation about moving. If you bought or refinanced during the pandemic-era rate drop, you likely locked in a historically low number. In 2021, rates hit record lows near 2.65% [1], and even today, more than half of homeowners are still below 4% [2]. This has fueled what’s known as the “lock-in effect,” where homeowners delay moving simply to preserve their current rate. And understandably so. When you’re holding a 3% or 4% mortgage, the idea of moving into today’s higher-rate environment can...

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5 June 2026

MarketMinute | What do stable rates and employment mean for housing this week?

  According to the Fed's Beige Book, employment remained stable in recent weeks, but inflation continued to rise across much of the country. Job openings climbed to their highest level in nearly two years, though companies pulled back on hiring, creating mixed signals for the economy. ADP reported that private companies added 122,000 workers in May, up from April and better than the Dow Jones consensus estimate for 110,000. Residential construction spending rose 0.8% in...

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