Boosts in Wages, Inflation and Oil Prices Keep Mortgage Rates Aloft
Last Friday’s monthly jobs report was not stellar, but probably sufficient to keep an expected interest rate hike in June on track.
Today’s College Grads Earn More, and Still Live at Home
New college grads have flocked to West Coast tech hubs over the past decade-plus. But as those markets rapidly become less affordable, recent data hints at a changing tide – and suggests rising housing costs nationwide are putting a squeeze on grads’ ability to strike out on their own.
12 Places With the Most Vacation Homes
Ever visited a place where it seems like even the locals are on vacation? You might be right.
Notable Housing Numbers From April 2018
30.3 percentage points: The gap between white and black homeownership rates, which has widened since 1900. 21.6%: Share of income the typical renter in Pittsburgh -- the most affordable major rental market in the country -- pays in rent.
Most Popular Neighborhoods Heading Into Home Shopping Season
The country’s most popular neighborhoods have a lot in common with its most popular celebrities: They tend to be in California.
Mortgage Rates Touch Highest Levels in Four Years
Mortgage rates retreated late last week from the four-year highs they had touched during the previous week.
Hispanics, Young Adults Pushing Up U.S. Homeownership Rate
The seasonally adjusted U.S. homeownership rate is currently enjoying its longest uninterrupted run of quarterly gains since the turn of the 21st century, driven higher by advances among Hispanics and younger adults.
Rapid Reaction: Q1 2018 Homeownership Rate
The seasonally adjusted Q1 2018 homeownership rate was 64.2 percent, according to the U.S. Census Bureau, unchanged from Q4 2017 and up somewhat from 63.6 percent in Q1 2017.
There's a serious mismatch in the U.S. housing market right now: The majority of homes available to buy aren’t the kind of homes the majority of buyers are seeking. And the limited inventory of those more sought-after homes is contributing to their more rapid appreciation.
Mortgage Rates Touch Highest Levels in Four Years
After flatlining for much of the past two months, mortgage rates again moved definitively upward over the past week, touching their highest levels since January 2014.
