
17% of Mortgaged Homes Have 6%+ Interest Rates
The lock-in effect is starting to ease because Americans are growing accustomed to elevated rates, and for many, it’s not realistic to stay put forever, Redfin said.
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New Listings Up Across U.S., Demand Down
The uptick in new listings, along with slow sales, is contributing to a growing pool of supply for homebuyers to choose from, Redfin said.
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Shingles Lose Wind Resistance After 10 Years
Officials said asphalt shingles, common on Florida roofs, begin degrading from the sun and weakening in about 10 years, offering less protection.
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Mortgage Rates Finally Make a Move (Lower)
The recent absence of volatility in day-to-day mortgage rate movement has been an easy target for light-hearted indignation among market watchers. But to be fair, if rates had been moving swiftly higher/lower/both, most market watchers would wish for some sideways stability. In fact, for
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