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One major reason we’re not heading toward a foreclosure crisis is the high equity homeowners have today. Unlike in the last housing bubble, where many homeowners owed more than their homes were worth, today’s homeowners have […]

Federal water officials have outlined the next steps for managing the Colorado River, a lifeline for seven Western states, multiple tribal nations, and millions of people who rely on its water and hydropower. On Wednesday, […]

“After a six-week climb, rates have leveled off, but overall affordability continues to be an issue for potential homebuyers,” said Sam Khater, Freddie Mac’s Chief Economist. “Our latest research shows that mortgage payments compared to […]

“Mortgage rates continued to inch up this week, reaching 6.79 percent,” said Sam Khater, Freddie Mac’s Chief Economist. “It is clear purchase demand is very sensitive to mortgage rates in the current market environment. As […]

Daylight Saving Time in the United States: Twice a year, the United States shifts its clocks in an annual tradition known as Daylight Saving Time (DST). While some states and regions debate the relevance of […]

“Increasing for the fifth consecutive week, mortgage rates reached their highest level since the beginning of August,” said Sam Khater, Freddie Mac’s Chief Economist. “With several potential inflection points happening over the next week, including […]

Nevada: comes from the Spanish adjective meaning “snow-covered” or “snowy” Capital: Carson City Statehood: October 31, 1864 Nickname: “The Silver State” Washoe (the early name for Nevada) Motto: “All For Our Country” (1866) Flower: sagebrush (1917) […]

“The continued strength in the economy drove mortgage rates higher once again this week. Over the last few years, there has been a tension between downbeat economic narrative and incoming economic data stronger than that […]

“Following the release of a stronger-than-expected September jobs report, the 30-year fixed rate mortgage saw the largest one-week increase since April,” said Sam Khater, Freddie Mac’s Chief Economist. “However, we should remember that the rise […]

Has your house been sitting on the market longer than expected? If so, you’re bound to be frustrated by now. Maybe you think it’s time to pull the listing and wait to see what 2025 brings. But […]