Source: CNBC — Mortgage rates rose sharply this week, after pulling back over the last three weeks. The 30-year fixed hit 5.36% Monday and then moved higher again Tuesday to 5.47%, according to Mortgage News Daily. Volatility in global markets Monday sent bond...
Source: Realtor — The nation’s fastest-growing cities are more like popular suburbs located just outside of the hottest real estate markets. And they are all clustered in just two states: Texas and Arizona. During the height of the COVID-19 pandemic, smaller...
Source: Fox Business —Â Billionaire businessman and The Perot Group and Hillman Chairman Ross Perot Jr. predicted a real estate slowdown on “Mornings with Maria” Wednesday, noting that rising inflation and interest rates are creating a...
Source: Apartment Therapy — If you’ve ever set foot in a home improvement store, you’ve probably noticed a lot of one material: wood. And you’ve probably noticed it in your own home, too — or perhaps even installed it yourself.  Wood has many practical...
Source: Fox Business — Baby boomers and millennials are part of a “triple threat” driving up prices in the housing market, according to the founder and executive of America’s largest owner of single-family homes. “There’s a huge amount of...
Source: Keeping Current Matters — If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power. Purchasing power is the amount of home you can afford to buy that’s within your financial reach....
