A Phil Hall Op-Ed: Did you ever get the feeling that artificial intelligence is often more effective than genuine human intelligence? This explains why too many people are relying on AI tools to get input on everything from writing books to romantic advice. Thus, I...
Three different data sources are reporting an increase in mortgage rates, with two of the sources insisting the 30-year fixed-rate mortgage topped 7% for the first time in over a year. Freddie Mac (OTCQB: FMCC) reported the 30-year fixed-rate mortgage averaged 6.76%...
The national entry point to luxury housing during August was $1.2 million, down by 4% from both July and August 2025, according to data from Realtor.com. August marked the 29th consecutive month of annual declines. Price thresholds declined across every luxury tier: a...
Property insurance accounts for 9.6% of the average monthly mortgage payment, according to the September Mortgage Monitor published by Intercontinental Exchange Inc. (NYSE: ICE). The average single-family mortgage holder now pays $209 per month for insurance, nearly...
Existing home sales during August were down by 2.0% month-over-month and 1.2% year-over-year, according to data from the National Association of Realtors (NAR). Last month’s sales were at a seasonally adjusted annual rate of 3.98 million, which marked the first time...