Sunrise Homes & Renovations, Inc.

What’s Ahead For Mortgage Rates This Week – December 22nd, 2025

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The Consumer Price Index was scheduled to be released this week but has once again been delayed, with no explanation provided. This left the unemployment data as the only notable economic release from last week. The data showed that unemployment numbers came in higher than expected; however, this result is somewhat tempered by the fact that the figures are supported by a more limited data set.

Even so, it is not a positive sign that unemployment numbers are exceeding expectations under these circumstances. At this time, there is still no word on when the Consumer Price Index will be released, with the Christmas holiday fast approaching.

Unemployment Report
Unemployment rate climbs to 4-year high of 4.6%, November jobs report shows. The economy lost 105,000 jobs in October and added 64,000 new jobs in November, the government said, in an otherwise lackluster employment report that was skewed by the deferred resignations of federal workers.

Primary Mortgage Market Survey Index
• 15-Yr FRM rates saw a decrease of -0.07% for this week, with the current rate at 5.47%
• 30-Yr FRM rates saw a decrease of -0.01% for this week, with the current rate at 6.21%

MND Rate Index
• 30-Yr FHA rates saw a decrease of -0.02% for this week. Current rates at 5.88%
• 30-Yr VA rates saw a decrease of -0.03% for this week. Current rates at 5.89%

Jobless Claims
Initial Claims were reported to be 224,000 compared to the expected claims of 225,000. The prior week landed at 237,000.

What’s Ahead
With Christmas Holiday on the horizon, there will be very little in the way of reports released.

Simple Ways to Be More Productive While Working from Home

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Working from home sounds ideal until distractions, interruptions, and blurred boundaries start to affect your focus. If you are adjusting to a home-based routine, the good news is that a few simple habits can help you feel more organized, more productive, and less stressed. Here are 6 practical ways to make working from home work for you.

Set Up a Dedicated Work Zone
Choose 1 spot in your home that is your work area, even if it is a small corner. A consistent workspace helps your brain shift into work mode faster. Keep it tidy and stocked with the basics you need each day, like a notebook, chargers, water, and a few snacks. The goal is fewer reasons to get up and lose focus.

Keep a Simple Daily Schedule
A routine creates momentum. Start and end your workday at consistent times and block your day into work segments. If you no longer have a commute, use that time for something that supports your energy, like a healthy breakfast, a short walk, or reviewing your top priorities for the day.

Get Ready Like You Are Leaving the House
You do not need formal business attire but changing out of sleepwear matters. It signals that your day has started and helps you stay in a productive mindset. If you have video calls, choose an outfit you feel confident in so you are not scrambling at the last minute.

Use the Right Tools to Stay Connected
Working from home does not mean working alone. Pick 1 or 2 communication tools you will use consistently for calls, video meetings, and quick updates. Keep your calendar current, confirm meetings in writing, and set reminders so tasks do not get lost in the shuffle.

Create Do Not Disturb Time
If you share your home with others, boundaries matter. Set clear hours for focused work, and communicate them. A closed door, headphones, or a simple sign can help. If silence is not realistic, consider soft background music or noise cancelling headphones to reduce distractions.

Take Breaks That Reset Your Brain
Nonstop work usually leads to less output, not more. Build short breaks into your day to stretch, step outside, and get fresh air. Even a quick reset can improve focus and reduce stress. A more balanced day supports better performance and better sleep.

Working from home can be a great fit when the right habits are in place. If you want help building a routine that supports your goals and your lifestyle, we’re happy to share what we have seen work best for our clients.

The Real Cost of Homeownership, What Buyers Must Know Before They Commit

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Buying a home is an exciting step and a powerful wealth building move, but the purchase price is only part of the financial picture. Many buyers focus on the down payment and monthly loan amount, then feel surprised by the ongoing costs that come with owning a home. Understanding these expenses ahead of time helps you buy with confidence and avoid unnecessary financial stress.

Your Monthly Mortgage Payment
For most homeowners, the mortgage payment is the largest recurring expense. This payment includes the principal balance and the interest charged for borrowing the funds. The amount depends on your loan size, interest rate, and loan term. Choosing a payment that fits comfortably within your budget is essential for long-term stability.

Property Taxes
Property taxes are an annual expense assessed on your home and can vary widely. Many homeowners pay these taxes monthly as part of their mortgage payment, with funds held in escrow and paid when due. It is important to account for this cost since property taxes can increase over time.

Homeowners Insurance Coverage
Most lenders require homeowners insurance to protect the property against unexpected damage or loss. Premiums are often paid monthly through escrow. Standard policies typically cover common risks, but some situations require additional coverage. Planning for this cost ensures your home and finances remain protected.

Homeowners Association Fees
Some properties are part of a Homeowners Association. These fees are typically charged monthly or quarterly and support shared amenities and community maintenance. Costs may cover landscaping, exterior upkeep, snow removal, or other services. These fees continue even after a mortgage is paid off and should always be included in your long-term budget.

Utilities and Services
Owning a home means covering ongoing utility costs. These often include electricity, water, gas, sewer services, trash removal, recycling, television, and internet. Utility expenses can fluctuate based on home size, usage, and seasonal demand, making it important to leave room for variability.

Maintenance and Repairs
Unlike renting, homeowners are responsible for repairs and upkeep. This includes items such as roofing, plumbing, electrical systems, heating and cooling systems, and appliances. Setting aside savings for routine maintenance and unexpected repairs can prevent financial strain when issues arise.

Plan, Budget, and Prepare
Knowing how much you can afford goes beyond loan approval. Factoring in ongoing ownership costs allows you to create a realistic budget and build savings for the future. A well prepared buyer is positioned to enjoy homeownership without sacrificing financial flexibility.

Homeownership is a rewarding goal when approached with clarity and planning. Understanding the full cost helps you make decisions that support both your lifestyle and long-term success.

A Practical Buyer Guide with Smart Steps to Buying Your Next Home

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Buying your next home is an exciting milestone, but it also comes with important financial decisions. Whether you are upgrading, downsizing, or relocating, preparation is key. Market conditions evolve, lending standards change, and personal finances shift over time. These seven essential tips will help you approach the process with clarity and confidence.

Plan Early for Your Down Payment
Your down payment is the amount you contribute upfront toward the purchase price of your home. This amount is typically a percentage of the total price and varies based on loan type and qualifications. Creating a savings plan early allows you to set realistic expectations and reduce stress later. Establish a timeline, build a budget, and consistently set funds aside so you are ready when the right home comes along.

Budget for Closing Costs
Beyond the down payment, buyers should plan for closing costs. These expenses often range between 2% and 4% of the loan amount and include items such as title services, insurance, and recording fees. Understanding these costs in advance prevents last-minute surprises and helps you manage cash flow at closing.

Monitor and Protect Your Credit
Your credit profile plays a major role in loan eligibility and interest rates. Pay attention to payment history, credit usage, and the length of your credit accounts. Avoid opening new credit lines or making large purchases during the home buying process. Stable financial behavior can improve loan terms and reduce overall borrowing costs.

Get Pre-Approved Before You Shop
A mortgage pre-approval gives you a clear picture of what you can afford and strengthens your position when making an offer. The process involves verifying income, assets, and credit to estimate loan terms and costs. While pre-approval is not final approval, it helps you shop with confidence and shows sellers you are a serious buyer.

Work With a Knowledgeable Real Estate Professional
An experienced real estate agent provides market insight, access to available homes, and guidance throughout negotiations. They help you evaluate pricing, identify opportunities, and navigate offers and contracts. Having professional representation ensures your interests are protected from start to finish.

Never Skip the Home Inspection
A home inspection reveals the true condition of the property. It can identify structural issues, system concerns, or deferred maintenance that may not be visible during a showing. Inspection findings can be used to negotiate repairs or pricing, potentially saving you significant costs after closing.

Stay Within a Comfortable Budget
Buying at the top of your budget can limit financial flexibility. It is important to leave room for ongoing expenses, maintenance, and unexpected costs. A balanced budget supports long-term comfort and financial stability, not just the purchase itself.

Buying a home is more than a transaction, it is a lifestyle decision. Preparation, planning, and professional guidance help ensure a smoother experience and a purchase you feel confident about.

A Simple Seller Checklist to Prepare Your Home For a Successful Sale

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Selling your home is a major milestone, and preparation plays a key role in achieving a strong result. Buyers form opinions quickly, and thoughtful updates can influence both interest and offers. These steps help position your home to appeal to today’s buyers while maximizing value.

Partner With the Right Professionals
Working with an experienced real estate professional gives you a clear advantage. A knowledgeable agent can evaluate comparable homes, review recent sales, and help determine a competitive listing price. They also guide you on presentation, timing, and buyer expectations. It is also helpful to connect with a lending professional early to understand how your sale impacts your next purchase and financing options.

Study Current Market Conditions
Markets shift over time, even in familiar neighborhoods. Reviewing recent listings and sold properties provides insight into pricing trends, buyer demand, and average days on market. This information helps you prepare realistically and make confident decisions as you move forward.

Schedule a Pre-Listing Inspection
A pre-listing inspection can uncover potential concerns before buyers do. Addressing repairs in advance reduces the risk of delays or renegotiations later. It also shows buyers that the home has been well-maintained, which can increase confidence during the offer process.

Declutter and Depersonalize the Space
Buyers want to picture their own lives in the home. Removing personal photos, collections, and excess furniture helps create a clean, neutral environment. Clearing storage areas makes closets and cabinets appear more spacious. Short-term storage can be useful during this stage.

Deep Clean From Top to Bottom
A thorough cleaning makes a noticeable difference. Focus on baseboards, windows, flooring, fixtures, and high-traffic areas. Kitchens and bathrooms should feel spotless and fresh. Professional cleaning services can help ensure your home shows at its best.

Refresh With Neutral Paint
Fresh paint is one of the most cost-effective updates you can make. Light, neutral colors brighten rooms and appeal to a wider audience. A refreshed palette helps the home feel clean, move-in ready, and well cared for.

Boost Curb Appeal
First impressions begin outside. Trim landscaping, clean walkways, refresh exterior paint where needed, and create a welcoming entry. Small updates to lighting or the front door can significantly enhance how buyers perceive the home before stepping inside.

Preparing your home thoughtfully can lead to stronger interest, smoother negotiations, and a faster sale. If you are thinking about selling or planning your next move, we are happy to guide you through the process.

What’s Ahead For Mortgage Rates This Week – December 15th, 2025

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The Federal Reserve Interest Rate decision occurred the prior week, with the Federal Reserve cutting interest rates another quarter as expected by many industry analysts. This has given the market a lot of optimism that the trend will still continue and the Chairman Jerome Powell has stated it’s a good time to wait and see where the economy is headed before cutting rates further, giving further confidence more will be coming next year.

There was also the U.S. Trade Deficit to gauge where the current trade policies have positioned the U.S. and it has been reported that the expectations for the trade deficit have been beat this time by a significant amount. With the economy still in an overall strong position, there is some optimism that the tariff policies have not had as negative an impact as initially presumed. 

Federal Reserve Rate Decision
The Federal Reserve on Wednesday lowered interest rates again in a continued effort to keep the labor market intact, despite objections from several key Fed officials who believe the central bank should be prioritizing the higher cost of living instead. A majority of policymakers voted to lower the benchmark lending rate by a quarter point for the third consecutive time, to a range of between 3.5% to 3.75%, the lowest in more than three years. 

U.S. Trade Deficit
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $52.8 billion in September, down $6.4 billion from $59.3 billion in August, revised.

Primary Mortgage Market Survey Index
• 15-Yr FRM rates saw an increase of 0.10% for this week, with the current rate at 5.54%
• 30-Yr FRM rates saw an increase of 0.03% for this week, with the current rate at 6.22%

MND Rate Index
• 30-Yr FHA rates saw an increase of 0.01% for this week. Current rates at 5.90%
• 30-Yr VA rates saw an increase of 0.02% for this week. Current rates at 5.92%

Jobless Claims
Initial Claims were reported to be 236,000 compared to the expected claims of 223,000. The prior week landed at 192,000.

What’s Ahead
GDP data are expected to release this month but there may be delays. The Consumer Confidence report will also give better insight to the state of the economy from the consumer perspective.