Mortgage rates rose for the second week, ticking up to 3.64 percent as Fed VIPs hinted they might raise short-term borrowing costs sooner rather than later. A year ago, 30-year, fixed-rate mortgages averaged 3.87 percent, according to[...]
A growing number of homebuyers are worried about competition, according to a Redfin survey of 975 homebuyers conducted this month.While affordability is the main concern keeping homebuyers up at night, nearly 19 percent cited[...]
America’s biggest cities are also some of its most expensive. People pay to live near culture, creativity, jobs and the chance to collaborate with a variety of talented individuals.
But what happens when a city’s not ready to absorb[...]
Home sellers increasingly agree that the U.S. is in a seller’s market. More than half — 51 percent — think now is a good time to sell, up from 34 percent last year, according to a Redfin survey of home sellers conducted late last[...]
Employers created 160,000 jobs in April, a pretty low number that disappointed economists. It was the slowest pace of job growth since September.
Unemployment remained steady, the Labor Department reported. Wages were up, but so[...]