
Home Repair, Remodeling Costs Outpace Inflation
Costs for home repairs and remodeling rose 3.4% year-over-year in Q2, driven mainly by labor costs, surpassing overall inflation.
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Mortgage Rates Hold Flat to Start New Week
It was an uneventful day for the bond market (and, thus, interest rates) as investors wait for clarity on this week's potential government shutdown. It's not the shutdown itself that would notable. Rather, it would be the absence of this Friday's jobs report (published by the Federal government) as
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What to Know About a Government Shutdown
NAR identified eight programs that could be affected if Congress misses the Sept. 30 deadline, including home loans, flood insurance and housing services.
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Market Optimism Persists on Higher Rates
Mortgage rates rose last week despite the interest rate cut, but experts remain optimistic as more inventory and strong markets could boost home sales soon.
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