Can mortgage rates go even lower?
Mortgage rates moved massively lower last week without any Federal Reserve rate cuts, primarily because the labor market is getting softer. Can mortgage rates go even lower? As we can see below, when the market priced economic weakness earlier in 2024, it took the 10-year yield down toward 3.80% but
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Considering the jobs report, is the Fed risking a recession?
The Federal Reserve won’t pivot on rates until the labor market breaks and it will keep financial conditions as tight as possible until that happens — this has been my theme since 2022. Friday’s jobs report had one number which got people talking about a possible recession: the 4.3% unemployment rat
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Luxe Mountain Real Estate Is on the Rise: The Top 3 Towns—With Affordable (and Aspirational) Homes
Realtor.com; Getty Images (4)Luxury real estate conjures up images of penthouses in big cities or beachfront mansions—yet, three of this quarter’s top 10 luxury markets are in mountain communities.The smaller, relatively affordable mountain markets with strong local economies include Pittsfield, MA;
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The Cost of Raising Kids vs. Buying a Home: Why the American Dream Isn’t Just for DINKs
Photo-illustration by Realtor.com. Source: Getty Images (2)Many Americans dream of buying a home where they can raise a family. But is it possible to actually afford a house and kids?Raising children, after all, is expensive. So is buying a house. If budgets are tight, people might feel they can onl
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