Subscribe to Email News Updates
‘The Pandemic Boom in Home Sales Is Over’: Mortgage Rates Soar to Highest Level Since 2009 as the Fed Pressures the Housing Market
Source: Realtor.com --- Mortgage rates are skyrocketing thanks to the Fed, but buyers who can tough out this difficult, changing market will be rewarded. The 30-year fixed-rate mortgage averaged 5.27% for the week ending May 5, according to data released by Freddie...
Regulators propose first major revamp to fair housing rules since 1995
Source: CNBC --- Bank regulators on Thursday proposed the first sweeping changes in more than 25 years to a controversial law aimed at increasing lending to low- and moderate-income communities. The changes would tailor the Community Reinvestment Act’s approach to...
I Got Rid of These 4 Things While Packing for a Move — And I Wish I’d Done It Sooner
Source: Apartment Therapy --- For about five months, my family has been preparing for an interstate move. Having such a long time to plan for it has bred restlessness, for sure. I’ve had plenty of time not only to organize before packing, but to declutter our...
Mortgage Rates Fall Slightly, Economic Data In Line With Expectations
Source: Zillow --- Economic data releases last week were largely in line with expectations, with GDP declining slightly in the first quarter, price indicators showing continued inflation and jobless claims highlighting continued tightness in labor markets. New home...
Here’s what the Fed’s half-point rate hike means for your money
Source: CNBC --- The Federal Reserve raised its target federal funds rate by a half point at the end of its two-day meeting Wednesday, notching the largest increase in the benchmark in more than 20 years. “The Federal Reserve is behind the curve,” said Greg McBride,...
Living in the Big City: How Much Space Does the New Median Home Price Get You in the 100 Largest U.S. Cities?
Source: Point2 --- The end of March marked the beginning of a new era in home prices: After a whopping 26.5% year-over-year jump, the median listing price landed at $405,000. Also on the rise is the average square footage of new single-family homes. According to...
Recent Posts
Hits and Misses for the Real Estate Week of Aug. 3-7- NYC Homeowners Sue to Delay Mamdani’s Pied-à-Terre Tax Rollout
- Historic Maine Home Available for $1, Albeit with a Catch
- Arkansas Man Sentenced for Trying to Sell Property He Didn’t Own
- Sen. Elizabeth Warren Questions Compass and MRED Over Private Listings Plan…
