Mortgage rates fell below the critical 6 percent threshold just a couple weeks ago. But they’re climbing again as new inflation concerns have roiled financial markets.
Category: Real Estate and Housing (Residential)
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U.S. Mortgage Rates Rise, Undercutting Housing Affordability Push
The New York Times – Business: -
How to Afford Housing in London: Multiple Roommates, No Living Room
The New York Times – Business:High prices have pushed more Londoners to live with roommates well into their late 20s and 30s — if they can afford to move out of their parents’ homes at all.
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Senate Moves Toward Passing Sweeping Housing Bill, but Challenges Lie Ahead
The New York Times – Business:The legislation’s progress is all the more surprising because it addresses an issue that is shaping up to be the main battleground of the midterm elections: affordability. The effort could still stall.
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Elon Musk’s Secret Web of Companies in Texas
The New York Times – Business:The megabillionaire was tied to about 90 companies in the state, which he uses for everything from paying nannies to buying land to supporting Donald Trump’s re-election, according to a Times examination.
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U.S. Mortgage Rates Fall Below 6% for First Time in Years
The New York Times – Business:The evidence is patchy on whether lower rates have meaningfully spurred more activity, as the Trump administration floats measures it says will make housing more affordable.
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He Hopes to Turn the Island of Nevis Into a Libertarian Paradise, With Crypto
The New York Times – Business:A Bitcoin baron wants to build a libertarian paradise on the island of Nevis. Democracy is getting in the way.
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Home Depot Says Homeowners Are Weary From Economic Pressures
The New York Times – Business:Sales fell at the home-improvement retailer, as homeowners shied away from big-ticket home improvement projects amid worries about housing costs and the job market.
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Homeownership Is Out of Reach for Many Americans, Despite a Buyer’s Market
The New York Times – Business:A growing split between low-to-middle-income families and wealthy households is changing who has access to homeownership now.
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Shopping for Teapots
Because a beautiful teapot makes drinking tea even better.
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A San Francisco Renovation Inspired by ‘American Gigolo’
When an interior designer and a software engineer set about renovating their new house, they had no idea what it would ultimately involve.
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House Hunting in the Virgin Islands: Hillside Splendor for Under $2 Million
After enduring back-to-back crises in recent years, the British Virgin Islands are beginning to see the return of tourists and foreign investors.