
Renter Households Outpace Owners Nationally
Redfin: Rentership rates are lower in metros where it’s more affordable to buy a home. Cape Coral has the lowest share of renter households among metros analyzed.
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Mortgage Rates Start Week Slightly Lower as Election Volatility Works Both Ways
Love it or hate it, election-related volatility has been having a big impact on the bond market and, thus, mortgage rates. Most of the volatility has resulted in higher rates, but there was an exception over the weekend. Due to a combination of shifting odds in betting markets and among
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Federal Reserve Set to Cut Rates Again
The Federal Reserve meets later this week and is expected to cut their benchmark rate by a quarter-point. Interest rates impact mortgage rates.
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First-Time Buyers at 24%, Age Hits Record High
A record high 26% of buyers paid cash for their home and 17% purchased a multigenerational home, according to NAR’s new 2024 buyers and sellers profile.
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