Shift in Pricing Puts New Builds Within Reach
The gap between new builds and existing homes has narrowed, presenting an opportunity for real estate agents and buyers to navigate a tough affordability environment.
Fed Leaves Key Interest Rate Unchanged
Federal Reserve officials expect inflation to rise but still anticipate two interest rate cuts by the year’s end. Interest rates impact mortgage rates.
Mortgage Rates See Third Weekly Decline
Rates on 30-year mortgages fell to 6.81% from 6.84% last week, while 15-year mortgage rates eased to 5.96% from 5.97%, mortgage buyer Freddie Mac said.