Source: Fox Business — The spring home buying season is showing “steady demand” as mortgage rates slip for a second week in a row. On Wednesday, the Federal Reserve raised its key interest rate by a quarter-percentage point and signaled that it...
Source: Bankrate — Single women are a force to be reckoned with in residential real estate. Despite dealing with lower incomes than men, a pricey housing market and increasingly expensive mortgages, they comprise the second largest group of homebuyers — and...
Source: Mortgage News Daily — “I got stuck in a conversation with some wealthy people and one woman asked me how my investments were doing. I replied that both avocadoes should be ripe by tomorrow.” Food prices are an everyday reminder of inflation on the...
Source: CNBC — Global warming has already caused irreversible damage to the earth’s ecosystems and communities, according to a critical report just issued from the United Nations Intergovernmental Panel on Climate Change. The damage is extending to the U.S....
The typical U.S. homebuyer’s down payment fell 10% year over year in January to $42,375, its lowest level in nearly two years, according to a new report from Redfin, the technology-based real estate brokerage. The median down payment was down 35% from the peak it...
Source: 13 WMAZ — LOS ANGELES — Homeownership is likely to remain a pipe dream for many Americans this spring homebuying season. The nation’s worst housing slump in nearly a decade stoked hope among prospective buyers that homes could be scooped up more easily....