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Rate Updates

Nuwave Weekly Rates 8.17.22

The market saw an uptick in rates this week as the secondary market begins to price in the expected rate hike by the FED in September.

Discount points continue to provide substantial value to buyers, decreasing rates by .375% - .5%.

As we continue to see rates increase, consider our Lock & Shop Program that will lock a buyer's rate in for 60 days as they shop for a home. This will prevent the affects of continual increases in the interest rates.

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Nuwave Rate Update - 12.7.22

Over the last 25 days, interest rates have dropped a full 1%. To say this was a needed relief is quite an understatement. This week, the FED is having their annual blackout period prior to their Dec 13-14th meeting. Most likely, the FED will be raising rates by 50 bps

Nuwave Rate Update - 11.16.22

The market has seen the rates drop for the first time in what feels like a year...but in reality about six months. With the CPI Print coming in below projections, the expectations are that the FED will slow the pace of interest rate growth. If you have buyers in

Nuwave Rate Update 11.9.22

As expected, we did not see much of a move in the interest rate this week. After the FED meeting, the market is patiently waiting for the CPI print to be released (tomorrow 11.10). From that report please remember - bad news is good news. If you are wanting