Michelle Good

Join the Fluvanna Chamber of Commerce or networking, breakfast and an educational segment. Now at Wahoo BBQ!!!

Education and Networking Breakfast - Registration Link Check out new meeting location - Wahoo BBQ February 27, 2024 8am Monthly Education and Networking at Wahoo BBQ (10 Centre Ct, Palmyra VA (434)589-2286 $20 for Members and $25 Non-Members and at the do

Education and Networking Breakfast - Registration Link Check out new meeting location - Wahoo BBQ February 27, 2024 8am Monthly Education and Networking at Wahoo BBQ (10 Centre Ct, Palmyra VA (434)589-2286 $20 for Members and $25 Non-Members and at the do

Had a great meeting with my Station C group presenting on how self-employment income is used when qualifying for a mortgage. Great questions from everyone, thanks so much for allowing me to present!

Congratulations to Carla and Ryan as they close on their new home! It was a pleasure to work with such diligent and organized buyers! Huge shout out to Jay Reeves Real Estate at Howard Hanna for negotiating an outstanding deal! Thanks to Charlottesville Settlement Company, LLC for a smooth closing! And as usual to my outstanding ops team Intercoastal Mortgage, LLC!

Three things that can impact rates this week These are the three areas that have the greatest ability to impact rates this week. 1) Manufacturing, 2) Jobs and 3) EOY...

A gracious guide for unwanted gifts (and how to avoid them) Face it. Unless you’re five years old and trust Santa to place all the most, dreamed-about, fun gifts under the tree, you’re probably not going to get an entire array of things you’ll want to keep...

Shortest day of the year sees a jump in Consumer Confidence After two hard sell days the markets opened better this morning, settling down after the BofJ unexpectedly increased rates on Sunday. The 10 yr. note increased...

Bank of Japan surprised markets by increasing bond purchases overnight The People's Bank of China kept their key interest rate at 3.65%. The Bank of Japan also kept their interest rate unchanged at -0.1% but decided to

Temporary buydowns re-surge as everyone waits for rates and prices to fall While high interest rates and home prices are doing great jobs issuing put downs and smackdowns, how familiar are you with mortgage buydowns?

Warm memories of the holidays relies largely on a good homeowner maintenance Just because you are nestled all snug in your bed with visions of sugarplums dancing in your head doesn’t mean your house is using its heating system efficiently. Bah humbug? Nah...

Keeping your sanity when holiday guests are coming: the quick house pick-up Let’s face it — you know the difference between real and cosmetic. One is thorough, while the other skims over the surface to give the impression an effort was made. Take housecleaning, for example. When your house is clean...

Markets will be focused on FOMC today No news this morning that interests traders or investors. This afternoon at 2 pm ET the FOMC policy statement, the Fed’s quarterly outlook for the next two years, and at 2:30 pm Jerome Powell’s press conference...

Consumer Price Index comes in lower than expected The headline November Consumer Price Index increased by 0.1% vs. est. of 0.3% on a MOM basis. YOY, it is up 7.1% vs. est. of 7.3%, the pace in October was...

Some metro areas potentially on track to go for the gusto in sales and prices in 2023 Another year, another brand new real estate market? Perhaps in some areas...

If you're looking to keep your address private, it's doable with some careful planning. Not much is private anymore. And it’s easy-peasy for someone to find your home address in this instantly digital world. People who routinely would not want their names associated with...

Getting a handle on how to store fresh food can go a long way to lowering your grocery bills When gas prices go up, people begin thinking about being more frugal when using their cars. Carpooling. Taking public transportation. Riding a bike. But what can we do when food prices keep skyrocketing?

Q3 Productivity data better than expected Over night the 10 yr. increased 3 bps, by 8:30 am ET down 1 bp. US stock indexes in futures trading generally unchanged...

Markets calm on October trade balance data The October total Goods and Services Trade Balance was -$78.2.B vs. est. of -$79.1B but it was much larger than September's level of -$73.28B as exports fell to lowest level since June...

2023 will see lower down payments for million-dollar homes Big price tags come with big down payments. Or so we have come to understand with conventional financing. But for the higher-end buyer, that may be changing...

Acceleration clauses in mortgage loans are no joke, so pay attention So you've finally closed escrow, and the house is yours. All that paperwork at closing time was a pain, and after all those signatures and initials and all that moving, you can settle in for a long winter’s rest...

Homebuyers: It pays to perform a detailed examination of kitchen features (or lack of them) Kitchens are the heart of the home, so the saying goes. But think about this: why buy a home whose kitchen has heart problems to begin with?

Big miss in ADP jobs data ahead of Fed beige book Data this morning way off the estimates; ADP Nov jobs were expected +200K, as reported job growth was anemic, 127K down from 239K in October. The preliminary Q3 GDP...

The Federal Housing Finance Agency (FHFA) has announced the new Conforming Loan Limits for 2023 for mortgages to be acquired by Fannie Mae and Freddie Mac.

Whenever there is a move, such as this, we have to check with our investor partners as some will define when we can utilize the new limits. Some investors will have certain closing date requirements, whereas others will have funding date requirements. This is the benefit of having over 2 dozen lending partners!

Markets start the day under mild pressure The FHFA Housing Price Index showed a small MOM gain of +0.1% vs. expectations of a sizable pullback in prices of -0.7%, so this is good beat. The 20 city metro Case Shiller Home Price Index showed...