Erica Franklin-Realtor

04/01/2024

Good morning it's April! Don't be a fool with your thoughts and words , time or money 💰. Join me this month for a no spend session. Where we go the whole month not spending unnecessary money, time and thoughts or words on things that we don't want or need.


Philippians 4:8
Isaiah 55:8-9
Ephesians 5:15-20
2Timothy 2:15
1 Chronicle 16: 11-12

Let me know if you're interested and will be joining me. There's strength in numbers. Ecclesiastes 4:9-11

03/23/2024

12/12/2022

https://seekingalpha.com/news/3915835-home-sales-set-to-drop-to-lowest-level-since-2011-redfin-predicts

As high mortgage rates, albeit easing in recent weeks, keep housing costs elevated and stop people from moving, home sales are expected to plunge to their lowest level in over a decade...

11/22/2022

Conflicting economic data reported over the last week shows inflation may be easing in some places but still unaffected by rate hikes in others. Consumers are still spending despite higher prices due to inflation, according to the latest retail sales data from the Commerce Department. Advance sales....

11/13/2022

https://blog.movement.com/2022/11/04/a-rate-hike-a-brief-rate-dip-and-what-they-mean-for-homebuyers/

Everyone knew it was coming. The question is, will the Federal Reserve’s latest 75 basis point hike to the federal funds rate have enough of an impact to slow inflation and subsequently ease up the Fed’s quantitative tightening (QT) agenda? The Fed has remained generally hawkish in its approach ...

11/05/2022

This week the long-term U.S. mortgage rate jumped to 7.08%, according to the Federal Home Loan Mortgage Corporation (aka Freddie Mac). This is a 0.14 percentage point increase from a week earlier, making it the first time in more than two decades that the mortgage rate has been over 7%.

10/22/2022

Hence why many are asking the question: will the housing market crash?

10/21/2022

Looking to buy a house in Alabama? Read on to find the current mortgage rates in Alabama, as well as details about some affordable places to buy.

10/19/2022

True story.