Federal Reserve Lowers Interest Rates for the Third Time in 2024
The Federal Reserve announces its third interest rate cut of the year, reducing its benchmark short-term rate by a quarter of a percentage point. The new rate range of 4.25%…
The Federal Reserve announces its third interest rate cut of the year, reducing its benchmark short-term rate by a quarter of a percentage point. The new rate range of 4.25%…
In a surprising turn of events, the Federal Reserve’s recent rate cuts have failed to provide relief to millions of American homeowners and prospective buyers. Despite the Fed lowering its…
True Value, a well-known hardware store brand with a 75-year history, has filed for Chapter 11 bankruptcy as it faces increasing financial pressure from a slowing housing market. The Chicago-based…
Renters across the United States are bracing for a moderate increase in rental costs this year, with market forecasters predicting a two-percent rise in asking rents for new leases nationwide.…
Record high mortgage rates are compelling many Americans to remain renters, prompting developers to build new rental homes at an unprecedented pace. In 2023, a staggering 93,000 new single-family homes…
Home sales in the United States surged to their highest level in a year during February, defying expectations in a market grappling with rising mortgage rates. https://youtu.be/2tvae5b4TJw The National Association…
As the housing market enters a new year, the surge in pending home sales during December 2023 paints a positive picture for both homebuyers and the real estate industry. The…