Source: The Real Deal — One of the biggest reasons affordable housing isn’t available in the most expensive cities in the U.S. is because those localities aren’t permitting enough homes to be built in them, the Atlantic reports. Some areas have allowed housing...
Source: Mortgage Orb — A decrease in mortgage rates resulted in mortgage application volume increasing 2.2% during the week ended November 18. According to the Mortgage Bankers Association’s Weekly Applications Survey, applications for refinances increased 2%...
Source: The Ascent — You’ll often hear that it pays to pump extra money into your mortgage if you’re able to do so. That way, you can pay off your home early and benefit from interest-related savings. But these days, some mortgage borrowers may be...
Source: Bankrate — Amid higher mortgage rates and a cooling housing market, some home sellers are wooing buyers with a freshly popular incentive: paying for a temporary reduction to the buyer’s mortgage interest rate. Why are buydowns popular now? In one common...
Source: Yahoo! Money — Today’s housing market couldn’t be more different from the sizzling market of 2020 and 2021. Instead of flying off the market as soon as they’re listed, a growing number of today’s houses are languishing — and to the dismay of homeowners,...
Illinois Gov. Pritzker: Don’t Blame Me for High Property Taxes
