Fed Gets Support for Continued Rate Pause as Unemployment Rate Drops to 4.3%
The unemployment rate in the U.S. dropped last month to 4.3%, the lowest since August, in a sign of labor market stabilization that reduces the odds of a Federal Reserve rate cut next month. The economy added a healthy 130,000 jobs in January, with gains occurring in health care, social assistance,
Mortgage Applications Today: Home Loan Demand Falls for Third Straight Week as Rates Ticked Up Again
Mortgage applications declined for the third week in a row. Home loan applications decreased 0.3% from one week prior for the week ending Feb. 6, according to the Mortgage Bankers Association. The Market Composite Index, a measure of mortgage loan application volume, decreased 0.3% on a seasonally a
Luxury Buyers Are Falling Back in Love With Older Homes
Newer doesn't always mean better—and that's exactly why buyers in pricey coastal markets are being drawn to legacy properties that offer character and charm. Even if the homes are smaller. There is a distinct divide in the luxury real estate market: listings in mature coastal metros typically skew o
Foreclosure Filings Jump 32% From a Year Ago—These 2 Tourism States Rank Among the Highest in the Country
Foreclosure filings remain elevated across the country, up 32% from a year ago. This includes default notices, scheduled auctions, and bank repossessions. There were a total of 40,534 U.S. properties with foreclosure filings—with Delaware, Nevada, and Florida topping the list. "Foreclosure activity
Categories
Recent Posts
