Mortgage ‘Swappers’ Signal the End of the ‘Dreaded Lock-In Effect’
The U.S. housing market turned a corner in the second half of 2025, with the share of homeowners carrying mortgages above 6% surpassing those with rates below 3%—a shift that signals an easing of the dreaded "lock-in effect." In the third quarter of 2025, 20% of mortgages had an interest rate belo
J.P. Morgan Predicts the Fed Will Make No Interest Rate Cuts in 2026—but Expects a ‘Hike’ Next Year
The top economist at J.P. Morgan believes the Federal Reserve is done cutting interest rates and will hold policy steady through 2026, with the next move likely a hike in 2027. "We now expect the Fed to hold rates throughout 2026 with the next move to hike later in 2027," wrote Michael Feroli, the b
Outside Minneapolis—and Across Minnesota—a Growing Danger Is Hitting Homeowners
Across Minnesota, nearly half of all new private wells tested in recent years have shown traces of arsenic—an invisible toxin that has no smell, taste, or color in drinking water. More than 1 in 10 wells exceeded the federal safety limit, according to state data, raising concerns among homeowners an
EXCLUSIVE: ‘Miami’s Most Sensual Home’—With $350K Spinning Bed and Crocodile Leather Walls—Is Listed for $5.2 Million
A Miami residence that has been hailed as the city's "most provocative, sensual" home has hit the market for $5.15 million—complete with a $350,000 custom-made rotating bed, crocodile leather walls, and facial recognition access. The incredibly luxurious dwelling, which has been named "The Other Sid
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