First-time homebuyers may struggle to find adequate starter homes when the 2025 buying season begins this spring. The homes that once gave Americans a stepping stone into real estate are… Read more »
Homebuyers touring a house with a real estate agent. sturti | Getty The Federal Reserve on Wednesday cut interest rates for the third time in 2024. Despite the move, mortgage… Read more »
The average rate on the 30-year-fixed mortgage jumped 27 basis points Friday morning following the release of the government’s monthly employment report. The rate is now 6.53%, according to Mortgage… Read more »
Housing demand is very seasonal, so the fact that our pending contract data is firming up lately just shows that lower mortgage rates have stabilized and firmed up demand recently…. Read more »
Sales of previously owned homes fell 2.5% in August from July, to a seasonally adjusted annualized rate of 3.86 million units, according to the National Association of Realtors. That is… Read more »
People shop at a grocery store on August 14, 2024 in New York City. Spencer Platt | Getty Images The Federal Reserve announced Wednesday it will lower its benchmark rate… Read more »
Unsold inventory of homes for sale has been on the rise all year. It hasn’t turned the corner yet — inventory rose across the country this week — but at… Read more »
The Federal Reserve could start lowering interest rates as soon as next month, based on the latest inflation data. “We think that the time is approaching,” Fed Chair Jerome Powell said at a press conference after… Read more »
Find Your Inspiration Before you embark on the renovation you should have a general idea of how you want the space to look and feel. Search the internet for ideas… Read more »
Photo via Unsplash Among the top businesses to start these days, taking on fixer-uppers to resell would definitely rank way up there. So if you find yourself constantly… Read more »