Mortgage Calculator: Here’s How Much You Need To Buy a $400,000 Home at a 6.37% Rate
Mortgage rates saw a welcome reprieve this week, as the average rate on 30-year fixed home loans fell to 6.37% for the week ending April 9, according to Freddie Mac. This 9-basis-point drop follows last week’s 6.46% peak, which had marked a seven-month high for borrowing costs. While rates remain hi
Inflation Climbs to 3.3% on Surging Oil Prices Fueled by Iran War
Inflation surged in March, propelled by drastically higher energy prices resulting from the U.S.-Iran conflict that throttled a critical crude oil transit point. Overall prices increased by 3.3% in the 12 months through March, in line with economist expectations, up from 2.4% in February, according
Mariah Carey Lists Iconic New York Penthouse for $27 Million—More Than 20 Years After Opening It Up for Infamous ‘MTV Cribs’ Tour
Legendary pop diva Mariah Carey is preparing to part ways with her longtime New York City penthouse, listing the property for the sky-high price of $27 million—more than 20 years after the palatial abode featured in the songstress' now-infamous episode of "MTV Cribs." Carey, 57, purchased the expans
Rates Retreat From Seven-Month High, Offering Spring Buyers a Modest Reprieve
A holiday week and persistently high mortgage rates had an effect on housing inventory. New home listings were significantly lower, according to this week's Realtor.com® Weekly Housing Trends report. Prior to the ceasefire announced days ago, mortgage rates shot up based on the economic and geopolit
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