The U.S. Federal Reserve cut interest rates a quarter of a percentage point on Wednesday, much to the delight of many homebuyers and homeowners. This is the first reduction in nine months.
Homebuyers may finally be getting some relief—and increased purchasing power as mortgage rates fall. This may put more expensive homes within reach.
Mortgage interest rates ticked down slightly, making purchasing a home a little bit more affordable for buyers.
The hottest places to live in America right now are in some of the coolest parts of the country.
Many people would love to buy a home but worry they can’t afford to do so. However, it is getting a little easier to do so in many parts of the country.
The real estate market picked up a little in July as existing homes became a little more affordable for buyers.
Almost 5 million homeowners are just a fraction of a percentage point away from potentially being able to save money on their mortgage.
The number of homes under construction rose in July.
House-hunting families are facing a tough lesson in economics this year: top-rated public schools can drastically increase the price tag of a home in the area.
The odds of interest rates falling later this year just improved. This could be good news for homebuyers and homeowners who would like to refinance their mortgages.
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