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Instant Reaction: Mortgage Rates, October 27, 2022 The 30-year fixed mortgage rate rose to 7.08% from 6.94% the previous week, increasing the monthly mortgage payment by $1,000. By: Nadia Evangelou Mortgage Financing Powered by WPeMatico
6 Popular Fall and Winter Home Trends Interior designers show off how they’re incorporating some of the hottest looks of the season. Design Trends Powered by WPeMatico
Existing-Home Sales Drop 1.5% in September 2022 September 2022's existing-home sales reached a 4.71 million seasonally adjusted annual rate, declining 23.8% from September 2021. By: Michael Hyman Powered by WPeMatico
Instant Reaction: Mortgage Rates, October 20, 2022 Mortgage rates rose to 6.94% this week, near the 7% benchmark that could be considered the new normal for mortgage rates. By: Nadia Evangelou Mortgage Financing Powered by WPeMatico
Instant Reaction: Housing Starts, October 19, 2022 Housing starts weakened in September 2022, driven by insufficient single-family home construction and multifamily apartment building. By: Lawrence Yun Powered by WPeMatico
Housing Affordability Improved in August 2022 Compared to July 2022, the monthly mortgage payment decreased 4.4% while the median family income increased 0.3%, making home buying more affordable. By: Michael Hyman Powered by WPeMatico
How One Stager Prepared Her Own Home for the Market Patti Stern shares her personal experience neutralizing, depersonalizing and sprucing up her property to get it ready for showings. By: Patti Stern Staging Powered by WPeMatico
Elevated Inflation Starts To Hit Consumers' Pockets Amid unyielding inflation and rising borrowing costs, consumers are starting to cut spending, mostly on big-ticket items. By: Nadia Evangelou Powered by WPeMatico
Instant Reaction: Mortgage Rates, October 13, 2022 The 30-year fixed mortgage rate rose to 6.92% from 6.66% the previous week. While inflation remains elevated, mortgage rates will continue to move up. By: Nadia Evangelou Mortgage Financing Powered by WPeMatico
Instant Reaction: Inflation, October 13, 2022 Inflation refuses to budge. In September, consumer prices rose by 8.2%. Rents rose by 7.2%, the highest pace in 40 years. By: Lawrence Yun Powered by WPeMatico