Housing Costs Dip Slightly in Early 2025
In Q1 2025, a family earning a median income of $104,200 needed 36% of it to cover the mortgage on a median-priced new home, down from 38%, the NAHB said.
Tapping Home Equity: Know Your Options
Homeowners across the U.S. hold $11T in tappable equity. Experts urge caution and understanding of loans, HELOCs and other options before borrowing against it.
Rates Rise to Highest Level Since Mid-February
Rates on 30-year mortgages inched up to 6.86% from 6.81% last week, while rates on 15-year fixed-rate mortgages rose to 6.01% from 5.92%.