Mortgage Rates Top 7% for First Time Since Early 2025 in Blow to Homebuyers
Mortgage rates surged past the 7% threshold for the first time since January 2025 this week, propelled by skyrocketing Treasury yields and energy shocks stemming from the U.S.-Iran war. The average rate on 30-year fixed home loans hit the 7.03% mark for the week ending Sept. 24, up 8 basis points f
Millions of California Homeowners at Risk of HOA Fee Increases Under New Bill
Only days remain before California Gov. Gavin Newsom must make a decision on a bill that is designed to protect homeowners, but that critics say may raise homeowners association (HOA) fees for millions of residents. The bill in question, Assembly Bill 2050, was proposed in February by Democrat Jessi
Christina Haack and Heather and Tarek El Moussa Celebrate Daughter Taylor’s 16th Birthday With a $150K BMW: ‘So Well Deserved’
Believe it or not, the eldest El Moussa child is ready to hit the road. Taylor El Moussa—the daughter of HGTV stars Tarek El Moussa and Christina Haack—just turned 16 and the family marked the milestone with a very lavish gift. The teen, who was first introduced to audiences as a toddler on the prem
New-Home Sales Rise as Builders Offer Deals on Mortgage Rates
Sales of newly built homes surged in August as climbing mortgage rates drove budget-conscious buyers toward homebuilders' rate buydowns. Contract signings for new-construction properties reached a seasonally adjusted annual rate of 684,000 last month, up 6.4% compared to July, the U.S. Census Bure
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