Private Hiring Loses 32,000 Jobs in November Ahead of Fed Rate Cut Decision
Employment in the private sector fell by 32,000 jobs in November, driven by major cuts at small businesses, bolstering the case for another Federal Reserve rate cut next week. Employers with fewer than 50 workers reported shedding 120,000 jobs last month, even as medium and large businesses expanded
Mortgage Applications Today: Home Loan Demand Decreases Despite Lower Mortgage Rates
The demand for a home loan continues to take an up-and-down path as applications decreased 1.4% for the week ending Nov. 28, according to the Mortgage Bankers Association. This is down from the week prior when it saw applications increase 0.2%. The total is also adjusted for the Thanksgiving holiday
Housing Forecast 2026: Mortgage Rates Remain Above 6%, but Affordability Improves Modestly
Mortgage rates will continue to average above 6% next year, but affordability will improve modestly as the typical monthly payment falls below 30% of a household's income for the first time since 2022, the Realtor.com® economic research team predicts in its 2026 housing forecast. The forecast predic
3-Acre Maine ‘Retreat’ Without Heat, Plumbing, Bathroom, or Kitchen Lists for Just $130K
A bare-bones "retreat" in Maine that lacks almost every basic amenity a homeowner might expect from a residential structure has hit the market for just $130,000—offering little more than a wooden shack that comes complete with 3 acres of rural land. Described in its listing as a "small cabin," the p
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