Mortgage Rates Move Higher For 3rd Straight Day

Mortgage rates are nowhere near their highs from a few short weeks ago, let alone the much higher highs from late 2023, but they are at the highest levels this week after rising for the past 3 days. Monday's increase was small, forgettable, and random.  Tuesday's rates were driven higher by the

Miami Seeks $2.5B for Affordable Housing

The Miami-Dade County mayor said she will ask voters in November to approve $2.5 billion in property tax backed bonds to build much-needed affordable housing.

Commercial Preparing for Maturing Loans

With about a quarter of commercial mortgages maturing this year, smaller banks are preparing for the economic pressure. Experts say the stress is not expected to produce broader financial implications.

Study: Renters Would Be Happier Owning a Home

Nearly 70% of renters say owning a home would make them happier, yet 60% say it’s out of reach, a new study found. At the same time, 90% of owners say they’re happier since buying a home.