Mortgage rates fell to a two-month low this week as bond investors bet inflation will continue easing and the Federal Reserve signaled it will slow its pace of rate hikes. The average U.S rate for a 30-year fixed mortgage dropped to 6.49% while the average rate for a 15-year fixed home loan fell to 5.76%,
Real Estate
Estate agents “Sold” and “For Sale” signs outside residential properties in the Maida Vale district of London, UK, on Thursday, June 30, 2022. Bloomberg | Bloomberg | Getty Images Demand for U.K. residential properties has nearly halved following September’s government budget that spooked financial markets and toppled the prime minister, research Monday showed. The fiscal
Set just south of its glitzy sister, Las Vegas, is Nevada’s second-largest city: Henderson. In some ways, it seems a world away. Exuding many small-town aspects, the city boasts farmers markets, 180 miles of trails, a pond-filled bird-viewing preserve and lion sanctuary. The nearly $7.5 million home is the master-planned MacDonald Highland’s community of Henderson,
Airbnb is partnering with several major landlords and management companies to list designated apartment buildings where renters are allowed to offer short-term sublets on the site. The company said Wednesday that a new page on its website will list so-called Airbnb-friendly buildings, which will give tenants the option to host their apartments just as homeowners
Pantone has announced the color of the year for 2023, and it’s a doozy. The idea of color of the year has become a big thing for paint companies, manufacturers of wall coverings, wood stain specialists, fabric producers – any company where color is a selling point. But it is good to remember that Pantone,
A For Sale sign appears in front of a house on Oak Street in Patchogue, New York, on May 17, 2022. Steve Pfost | Newsday | Getty Images Mortgage rates soared over 7% just a month ago, but since then they have fallen more than half a percentage point. Still, mortgage loan application volume decreased
The San Francisco Bay Area is well-known for its high cost of living and, more specifically, how expensive home prices are. This isn’t a new development; in fact, during the famous California Gold Rush, which began in 1848, residents of San Francisco were already complaining of how expensive things were. But, beginning with the original
Most baby furniture and decor is meant to be functional, but certainly not always stylish. So oftentimes designed-inclined parents are forced to choose between what reflects their own aesthetic and what’s best for the baby. Fortunately, it looks like many brands are starting to recognize this dilemma and are now creating everything from pack and
Residential villas on the waterside of the Palm Jumeirah in Dubai on Feb. 24, 2022. Russians were always among the top 10 nationalities investing in Dubai property, according to Tahir Majithia, managing partner at Dubai-based Prime Capital real estate. Christopher Pike/Bloomberg via Getty Images Wealthy investors betting on luxury real estate would do best by
You’re probably not going to buy new countertops or floor coverings online to improve the wellness potential of your home, but there are plenty of purchases worth considering this Cyber Monday. Here are eight ideas to enhance the wellness potential of your kitchen, bathrooms and bedrooms — all easily purchased through your favorite websites: Kitchen
Metro Atlanta is on a hot streak. More than 6 million people now live in the region, according to recent Census Bureau estimates. Experts say that’s about a 50% increase from 20 years ago. “It’s a huge increase in population,” said Dan Immergluck, a professor of urban studies at Georgia State University. “That has taxed
This New Mexico adobe house surrounded by national forest, pine trees and rock outcroppings takes in awe-inspiring mountain views during daylight. Once darkness settles, a field of city lights comes to life in the basin below. It’s a 24/7 feast for the eyes. Set in a gated Santa Fe neighborhood of large estates, the mansion’s
Emily Dickinson was born December 10, 1830; the coming anniversary will mark her 193rd birthday. Few 19th century women have had her staying power. Little known during her life, she is regarded as one of the greatest figures of American letters who wrote 1,800 poems that continue to hold our attention and evoke our admiration.
The holiday season is here and if you’re looking for stocking stuffers, why not consider a gift for the home? Home and decor gifts are not only meaningful, you can find unique items that easily fit in a stocking. Whether you need to give a gift to a best friend, coworker, spouse, or someone else
Mortgage applications rose 2.2% last week compared with the previous week, prompted by a slight decline in interest rates, according to the Mortgage Bankers Association’s seasonally adjusted index. Refinance applications, which are usually most sensitive to weekly rate moves, rose 2% for the week but were still 86% lower than the same week one year
Key Takeaways Mortgage refinance applications are down 88% since this time last year, with new mortgage applications also down 46% over the same period. It comes off the back of rapidly rising rates, which have made mortgages hundreds of dollars more expensive for the average buyer on a monthly basis. The trend is likely to
Germany’s central bank is predicting a slowdown but no significant correction in the country’s property market despite warnings of overvaluation, according to a report published Thursday. Claudia Buch, vice president of the Bundesbank, told CNBC’s Joumanna Bercetche: “We do see a slowdown in the price growth for residential real estate, but it’s not that the
As technology has evolved, the resident experience within multifamily communities has concomitantly grown ever more convenient, health-enhancing and efficient. Technology-infused amenities and interactive package and delivery rooms, as well as HoT, or Home of Things — among other technology breakthroughs — all herald greater comfort and satisfaction for apartment and condominium residents in 2023 and
Hidden deep below some of New York City’s most luxurious apartment buildings is an exclusive world of futuristic parking spaces where high-end vehicles are parked and retrieved by robotic parking systems. The high-tech spots are a rare amenity in the Big Apple, and if you want your car to occupy one of these VIP spaces
A beautifully designed kitchen is essential for several reasons. Primarily, it is the space where we spend the most amount of time with family, cooking, eating, or even working. It’s also important to keep in mind that the right kitchen can add to the resale value of a home. While all-white and farmhouse-style kitchens have
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