Patchogue, N.Y.: A For Sale sign hangs in front of a house in Patchogue, New York, on June 1, 2024. Steve Pfost | Newsday | Getty Images Mortgage rates moved slightly lower again last week, keeping refinance demand on the rise. Applications to refinance a home loan jumped 10% compared with the previous week and
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People walk by a sign for Freddie Mac headquarters on July 14, 2008 in McLean, Virginia. AFP Photo/Paul J. Richards (Photo credit should read PAUL J. RICHARDS/AFP via Getty Images) Paul J. Richards | Afp | Getty Images Fannie Mae and Freddie Mac — the two giant mortgage finance firms controlled by the federal government
The city of New Orleans is still rebuilding and repairing homes that were damaged in the fallout from 2005’s Hurricane Katrina. The storm flooded hundreds of thousands of homes in New Orleans, killed over 1,800 people and displaced millions. It remains the costliest tropical cyclone in U.S. history, with an estimated $201.3 billion in associated
Atlantic Avenue west of Barclays Center – once known for Arab food shops, antiques discounters and too many empty storefronts – has become the hot new kid on the block in Brooklyn retail. It isn’t nearly as pricey as Williamsburg’s Bedford Avenue and North Sixth Street, where global brands abound. But its growing mystique as
Philadelphia Eagles head coach Nick Sirianni, who’s led the Eagles to four straight playoff appearances since taking the helm in 2021, calls a Haddonfield, N.J., home his own — but it wasn’t an easy path getting there. The coaching powerhouse, 43, who is now taking the Eagles to Super Bowl LIX, was faced with a legal
Maskot | Maskot | Getty Images Renters should reap the benefits of a lower-cost rental market while they can. It might not last, experts say. As of December, the median asking rent price in the U.S. was $1,695, down 0.5% — or $8 — from November, according to a report by Realtor.com. The latest rent price
The cost to own a home is up in nearly 90% of cities across the United States, a new study found. Homeownership costs rose in 201 — or 89% — of 226 measured metro markets in the 2024 fourth quarter, compared with the same period a year earlier, according to a report by the National
For most Americans, housing is by far the largest monthly expense, claiming the lion’s share of their income—but a handful of cities in the Midwest and the East offer some relief from mortgage burden by leaving more money in homeowners’ pockets. Detroit topped the list of the most undervalued housing markets in the U.S., with the typical homeowner there
A Ferrari-inspired mansion known as Casa Maranello in Delray Beach, Florida, shattered a local record last week when it traded for $50.5 million. Not only was the megadeal the biggest the area has ever seen, but it was also one of the most unusual: The sale included a mansion swap, bespoke furniture, elaborate chandeliers, art,
After a Reddit user posted a photo of his thermostat being “locked up” by his landlord during the winter, readers had one burning question: Is this even legal?! While landlords hold many of the cards when it comes to your rental property, there are lines that they shouldn’t cross, according to legal and real estate experts who
Homebuyers are seeing very little reason to get a jump on the all-important spring housing market, even with more listings coming up for sale. Mortgage rates haven’t moved much in the last few weeks, and home prices continue to rise. Mortgage applications to purchase a home last week dropped 4%, compared with the previous week,
The U.S. housing market was already struggling under the weight of high mortgage interest rates, a low supply of existing homes for sale and historically high home prices. Now tariffs on building materials are adding even more pressure. Roughly 30% of softwood lumber consumed in the U.S. is imported, largely from Canada. Wallboard, known as
Florida condominium owners are begging for relief after a new building safety law passed in the aftermath of the deadly Surfside collapse burdened them with staggering fees — and one lawmaker is warning that it could trigger the “next wave of homeless people.” The issue of condo safety has become a lightning rod in Florida since Senate Bill
Vesnaandjic | E+ | Getty Images The cost to rent is coming down faster in some areas of the U.S. than others. Overall, rent affordability is improving thanks to a combination of factors, said Daryl Fairweather, chief economist at Redfin. One is, there’s more supply. “There are more apartments for rent now because there was
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