Wayne Dalton




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  • Fed raises rates for the first time in 3 years
    On Sept. 16, 2026, the Federal Reserve increased its benchmark interest rate target range by 25 basis points to 3.75%–4.00%. This bump is not a shock, as many economists predicted the Fed would increase rates to combat rising inflation. However, this is the first rate hike since July 26, 2023. The unanimous decision to raise rates […]
  • Mortgage applications decline in August
    Mortgage application activity continued to decline in August, as shown in the Mortgage Bankers Association’s (MBA) Market Composite Index, a measure of total mortgage application volume. The MBA declined 3.2% month-over-month in August on a seasonally adjusted basis, marking the sixth consecutive monthly decline. Compared to a year ago, total mortgage applications declined 9.1%. Applications […]
  • A tale of two cities and their housing markets
    According to a new analysis from Redfin, San Francisco and Seattle are two of the nation’s leading technology hubs. However, the cities are currently at opposite ends of the housing market. San Francisco’s housing market continues to boom, while Seattle’s is beginning to cool. San Francisco’s median home-sale price jumped 6% year over year in […]


Options – The Resource for Today’s Fine Homes