ECB Raised Interest Rates to Highest Levels Since 2011
Although this week contained little new data, the European Central Bank (ECB) raised interest rates to their highest levels since 2011. While investors focused heavily on the ECB announcement, the move failed to cause commotion. As a result, mortgage rates ended the week with little change.
ECB Raised Interest Rates by 75 Basis Points
With inflation surging to decade highs, the ECB raised interest rates by a massive 75 basis points. Thus, interest rates achieved their highest levels since 2011. The latest readings showed inflation in the eurozone at an annual rate above 9%. Conclusive...

Should You Get a Home Inspection BEFORE Selling?
Delta Media Group
Selling your home? A recent survey showed more than 85 percent of buyers who applied for financing asked for an inspection of the home they intended to buy. Today's savvy home buyers rarely leave things up to chance — they want to be assured they are getting great value.
Despite this growing trend, many sellers still wait for buyers to take the initiative on inspections. A seller might save a few hundred dollars by waiting until the buyer makes the first move, but this is rarely worthwhile. In fact, there are many benefits to taking the plunge and getting an inspection as soon as you decide you are serious about putting your property on the market.
Let's look at six benefits of pre-listing home...

MAINTENANCE HACKS FOR YOUR HOME
From our friends at Delta Media Group
Little fixes around the home can take time and money. Try one of our quick tips to save both!

Terrific BBQ Recipes
Fantastic recipes just in time for your late summer get-together!
Tequila Baby Back Ribs
| 2 Tbsp. chili powder | 1 tsp. cayenne pepper |
| 2 Tbsp. paprika | 1 tsp crushed red pepper |
| 1 Tbsp. garlic powder | 1 chopped onion |
| 1 Tbsp. salt | 1 lg. handful chopped cilantro |
| 1 Tbsp dried oregano | 3-4 cloves garlic, diced |
| 2 tsp. cumin | 1 bottle (fifth) tequila |
| 1 tsp. black pepper | 1 lemon, halved |
| 1 tsp. white pepper | 2 limes |
Combine all the above and season 2 full slabs of ribs, each cut in half. Refrigerate 2-4 hours. Put half of 1 slab in 1-gallon ziploc bag, layer with onion, cilantro, and garlic. Place other half on top, repeat with onion, cilantro, and garlic. Pour in half bottle tequila. Add juice of half lemon and 1 lime. Seal. Repeat with other slab. Marinate at least 4 hours. Grill with onion, cilantro, and garlic at 350 degrees until done.
Honey Mango-Glazed Baby Back Ribs
| 1 c. honey | 4 ripe mangos, cubed |
| 2 full racks, baby back ribs | 1 tsp. pepper |
| 1 can chipotle peppers in adobo sauce | 1 Tbsp. salt |
Remove ribs from packaging, rinse and pat dry. Remove membrane from backside of ribs. Place ribs in shallow pan, sprinkle salt and pepper evenly and set aside. In a small saucepan, add chipotle/adobo, mango and honey. Cook over medium heat, stirring constantly until cooked down and thick enough to coat the back of a spoon. Using the slow and low method of BBQ'ing, set temperature to 225-240 degrees. If using coals, let them burn off and move over to one side of the grill. Wrap the ribs and 2/3 of the sauce mixture in aluminum foil tightly and place on grill. Close lid. After 2 hours, flip the ribs and let cook for another 2 hours. Open the aluminum and remove ribs, place them on grill and brush on remaining sauce and let cook another 30 minutes.
Unexpectedly Strong Job Gains Across the Board
With the release of last week's Employment report, the United States reported unexpectedly strong job gains across the board. With this stronger than expected economic data, mortgage rates received an unfavorable reaction.
Overall, the key labor market report far exceeded the forecasts. Thus, mortgage rates ended the week higher.
Employment Report Reveals Unexpectedly Strong Job Gains
Every month, the Employment report represents the most highly anticipated data. With Friday's release, the data revealed unexpectedly strong job gains. Against a consensus forecast of 250,000, the econo...