A Gulf Coast beach town is seeing an increase in visitors after more airlines decided to offer nonstop service. For decades, Destin, FL, has drawn spring break travelers, especially from the Midwest,... Read more »
The Texas housing market is proving remarkably resilient, bucking the usual autumnal slowdown with a notable surge in home sales in both September and October. Despite rising interest rates, this unexpected upward... Read more »
The estimate is based on rate changes since 2000 and should be interpreted as “directional rather than structural,” the analysts wrote in a report released Friday. Refis, which accounted for roughly 28%... Read more »
Here’s the good news for anyone looking to get into rental property investing or expand their existing portfolio: falling mortgage rates are making it significantly cheaper to buy rental properties, which directly boosts... Read more »
The question from the housing industry after the Federal Reserve’s half-point interest rate cut is simple — will this bring buyers back to the stalled housing market? A new report from Redfin... Read more »
The housing market has always been a topic of interest and concern for many, especially when it comes to predicting its future trends. Recently, Capital Economics, a renowned research firm, has forecasted... Read more »
In the face of concerns about a potential economic downturn, recent reports indicate that the U.S. job market continues to thrive. While this may seem like universally positive news, its implications for... Read more »
Mortgage rate buydowns and a limited supply of existing homes have buoyed housing demand for many months despite elevated interest rates. As home prices rose steadily, homeowners also accumulated significant equity. The... Read more »
Mortgage rates rose this week as the yield on the benchmark 10-year Treasury note inched up. As of Monday, the yield on the 10-year U.S. Treasury note was about 4.25%, according to... Read more »
Prospective homebuyers have more options to choose from in the housing market, which could help spur sales this spring. Mortgage demand has been on the rise for two weeks in a row.... Read more »