by Editor | Dec 3, 2024 | General News
Better pet accommodations are now a bigger priority for renters of single-family homes than making room for a growing family. NEW YORK — Single-family home renters have become a powerful force in the residential market, significantly shaping the post-pandemic...
by Editor | Dec 2, 2024 | General News
By Alex Harris FEMA has been cracking down on post-hurricane rebuilding, enforcing stricter rules to ensure storm-damaged homes meet flood safety standards amid rising storm risks. MIAMI – The Gulf of Mexico invaded thousands of homes on Florida’s west coast this...
by Editor | Dec 2, 2024 | General News
House prices rose as demand outpaced supply, but elevated prices and mortgage rates slowed growth. WASHINGTON – U.S. home prices rose 4.3% between the third quarter of 2023 and the third quarter of 2024, according to the Federal Housing Finance Agency (FHFA) House...
by Editor | Dec 2, 2024 | General News
The housing market is expected to improve next year, and buyers will embrace smaller homes, Zillow said. Mortgage rates may remain unpredictable. SEATTLE – Mortgage rates are once again in the spotlight as 2025 approaches. Zillow predicts a more active housing market...
by Editor | Nov 27, 2024 | General News
By Alex Veiga Rates on 30-year mortgages slipped to 6.81% from 6.84% last week, while borrowing costs on 15-year fixed-rate mortgages climbed to 6.1% from 6.02%. WASHINGTON – The average rate on a 30-year mortgage in the U.S. eased this week, though it remains near 7%...
by Editor | Nov 27, 2024 | General News
By Alex Veiga Beginning in 2025, Fannie Mae and Freddie Mac can acquire loans of up to $806,500 for single-family homes, a 5.2% increase from its 2024 level. WASHINGTON – The Federal Housing Finance Agency is increasing the size of home loans that the government can...
