Reuters, June 17, 2024–Lindsay DunsmuirThe U.S. Federal Reserve would be able to cut its benchmark interest rate once this year, Philadelphia Fed President Patrick Harker said on Monday, if his …
Category: Top National News
Big Jump in Insurance Costs Strikes Condos
The Wall Street Journal, June 17, 2024-Nicole FriedmanBoard members of the Highland Park Community Association in Mission Viejo, Calif., braced last year for a rise in insurance costs.Click here for more
Big Jump in Insurance Costs Strikes Condos
The Wall Street Journal, June 17, 2024-Nicole FriedmanBoard members of the Highland Park Community Association in Mission Viejo, Calif., braced last year for a rise in insurance costs.Click here for …
Boomers Struggled More Than Millennials to Buy Their First Homes: Realtor.com
HousingWire, June 17, 2024-Neil PiersonFrom rising home prices to rising mortgage rates and inflation, the millennial generation hasn’t had it easy when it comes to homeownership. But new data from …
Bonds Are Rallying. That’s Set to Drag Down Mortgage Rates.
The Wall Street Journal, June 17, 2024Some relief is in store for aspiring home owners, with a benchmark that helps determine mortgage rates down sharply this month. The yield on …
When Is a Tiny House Too Small to Be a Home?
The New York Times, June 17, Ronda KaysenFor two years, James Valdez lived in his S.U.V., so it was a relief when he moved into Branford Village, a community of …
Treasury Yields Tick Higher as Traders Assess Timeline of Interest Rate Cuts
CNBC June 17, 2024–Katrina BishopU.S. Treasury bond yields ticked higher Monday, following comments by Minneapolis Federal Reserve President Neel Kashkari indicating the central bank may not cut rates until December.Click …
Mortgage Rates Inch Down. Housing Is Still a Mess.
Dow Jones, June 16, 2024–Shaina MishkinMortgage rates inched down to their lowest level since mid-May this week. Rates below 7% are a sliver of good news in a tough housing …
Insuring Vacation Property
The Housing Scene by Lew Sichelman, June 14, 2024People fortunate enough to own vacation properties likely insure their places just like they do their personal residences. But if they don’t …
Mortgage Rates on the Decline While Applications Rise: Freddie Mac
Fox Business, June 14, 2024–Nora ColomerMortgage rates reacted to positive economic data by dropping for a second week in a row, according to Freddie Mac.Click here for more