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736 Federal St Apt 1203, Davenport, IA 52803
3+ hour, 8+ min ago (99+ words) Realtor. com - Home buyers reveal: 'What I wish I had known before buying my first home' - How much can you make selling your home? - Debunked! 8 myths about renting you should stop believing immediately - 6 ways home buyers mess up getting a…...
'I Worried I Was Falling Behind, So I Did the Math on the American Dream"
22+ hour, 21+ min ago (1258+ words) The promise of the American dream has always rested on a simple assumption: Each generation should be able to do a little better than the one before it. But lately, that promise seems to be under indictment. In the past…...
Pending Home Sales Leap 4. 8% Annually in May as Buyers Join Late-Spring Rush
2+ day, 20+ hour ago (471+ words) Pending home sales rose in May both on a monthly and annual basis, reflecting a late-spring buying rush that may signal homebuyers' acceptance of mid-6% mortgage rates as the new normal. Contract signings increased 3. 8% month over month and 4. 8% year over year,…...
Single-Family Home Construction Falls Again in May in the Face of Soaring Borrowing Costs
3+ day, 22+ hour ago (133+ words) Construction activity on new single-family homes retreated in May alongside permits and completions in the face of economic uncertainty, high borrowing costs, and material rates, the U. S. Census Bureaureported Tuesday. Single-family housing starts last month were a seasonally adjusted annual rate…...
Kevin Warsh Era of Fed 'Regime Change' Begins, but Rates Expected To Remain Steady
4+ day, 1+ hour ago (962+ words) Federal Reserve policymakers began their two-day meeting to set interest rate policy on Tuesday, marking the first vote overseen by Kevin Warsh. Warsh, who called for "regime change" at the central bank, has already issued his first major shift by…...
Homebuilder Confidence Sinks Under Weight of High Interest Rates and Rising Material Costs
4+ day, 19+ hour ago (528+ words) Following a brief May rebound, homebuilder sentiment slid in June as'elevated mortgage rates, persistent affordability headwinds, and rising material costs'continue to squeeze the industry. Builder confidence in the market for newly built single-family homes registered at 35 in June, two points…...
You're Saving for a Down Payment'but Inflation May Be Quietly Erasing Your Progress
5+ day, 2+ hour ago (811+ words) First-time homebuyers looking to grow their down payment savings are starting to feel like they're falling behind'and understandably so." It's been long recommended by financial experts to keep down payment savings in less volatile accounts, forgoing the stock market and…...
Housing Market Reality Check: How To Navigate Rising Inflation, 6. 52% Rates, and Record Home Equity
1+ week, 14+ hour ago (636+ words) It has been a turbulent week for the broader economy'inflation reached a three-year high, tensions in the Middle East continued to fluctuate, and mortgage rates ticked up to 6. 52%. Yet, beneath the macroeconomic noise, the housing market is flashing a notable…...
Mortgage Rates Rise to 6. 52% in Setback for Buyers After Inflation Surge
1+ week, 1+ day ago (827+ words) Mortgage rates rose Thursday following a stronger-than-expected jobs report and an increase in inflation to a three-year high, dimming the prospects for any Federal Reserve rate cut this year. The average rate on 30-year fixed home loans rose to 6. 52% for…...
Fed Faces Tough Dilemma as Inflation Surges to 4. 2%
1+ week, 2+ day ago (497+ words) Higher oil prices pushed inflation to a new three-year peak in May, complicating the outlook for the Federal Reserve ahead of next week's policy meeting. Overall prices increased by 4. 2% in the 12 months through May, up from 3. 8% in April, according to…...