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Real Estate Trends: Why Did Mortgage Rates Suddenly Drop?

Real Estate Trends: Why Did Mortgage Rates Suddenly Drop?

Source: Forbes --- Key Takeaways Rates for 30-year fixed rate mortgages dropped below 7% the first week of November. Rates have been moving higher for most of 2022, rising from around 3% to over 7%. More inflation and economic data needs to be released to know if...

Study: Most Americans Want to Age in Their Current Homes

Study: Most Americans Want to Age in Their Current Homes

The majority of Americans ages 50 and older want to remain in their current homes as they age, but nearly half expect to relocate due to rising housing costs, according to AARP's 2024 Home and Community Preferences Survey. The new survey polled 3,090 adults from June...