Source: World Property Journal — According to CoreLogic’s latest CoreLogic Home Price Index and Forecast for March 2022, U.S. home prices continued to post significant year-over-year gains in March 2022, up by 20.9%, another record high. Even with the...
Source: Yahoo Finance — The Federal Reserve on Wednesday raised short-term interest rates by 0.50%, as part of an effort to tamp down the inflationary pressures weighing on Americans. The central bank suggested that it will further raise borrowing costs...
Source: Nerdwallet — Definition of mortgage refinance A mortgage refinance replaces your current home loan with a new one. Often people refinance to reduce the interest rate, cut monthly payments or tap into their home’s equity. Others refinance a home to pay...
Source: Fox Business — First American Financial Corporation chief economist Mark Fleming discussed where he believes home prices are going amid expected rate hikes from the Federal Reserve as a way to tame surging inflation. Fleming, who leads an economics...
Source: WSJ — This week, The Wall Street Journal’s Mansion section is rolling out stories from our special waterfront issue. Be sure to check out this one on homeowners trading beaches for lagoons, why you should consider getting a special inspection for your...
Source: Realtor.com — If you’re saving for a down payment for a home—particularly your first—you probably know this is one tricky real estate moment. With inflation sending prices spiraling, mortgage interest rates ticking up, and biddings wars on homes more...