The average rate on the 30-year-fixed mortgage jumped 27 basis points Friday morning following the release of the government’s monthly employment report. The rate is now 6.53%, according to Mortgage News Daily. That is 42 basis points higher than Sept. 17, the day before the Federal Reserve cut its benchmark rate by half a percentage

In this article ZG Follow your favorite stocksCREATE FREE ACCOUNT Insured losses for Hurricane Helene are now estimated at over $6 billion, but the uninsured losses are far higher. That’s because the vast majority of homes impacted by the storm, especially in hard-hit North Carolina, did not have flood insurance. New risk-assessment technology is designed

South_agency | E+ | Getty Images Older Americans make up the largest share of homeowners in the U.S. compared to other generations. However, many are renting in their retirement years.  Most older adults, those at least 65 years old, own their homes, according to the Joint Center for Housing Studies at Harvard University. Yet, more than

A pedestrians looks at residential properties displayed for sale in the window of an estate agents’ in Windsor, west of London. Justin Tallis | Afp | Getty Images LONDON — Lower mortgage rates are sparking an uptick in the U.K. housing market, following a surge in the pace of home sales last month, data showed.

Skynesher | E+ | Getty Images Mortgage rates moved ever so slightly higher last week, but it was enough to take a little heat out of what had been a briefly red-hot refinance market. That caused total mortgage application volume to fall 1.3% for the week, according to the Mortgage Bankers Association’s seasonally adjusted index.

SHENZHEN, CHINA – MARCH 09: View of high commercial and residential buildings on March 9, 2016 in Shenzhen, China. General economic slowdown continues in China while the property price and stock bubble faces risk. (Photo by Zhong Zhi/Getty Images) Zhong Zhi | Getty Images News | Getty Images Shares of most Hong Kong-listed Chinese property

Azmanl | E+ | Getty Images New rules on buying and selling homes are in play, now that a settlement from a class-action lawsuit has taken effect. In March, the National Association of Realtors agreed to a $418 million settlement in an antitrust lawsuit where a federal jury found the organization and several large real-estate

Night scene of Singapore’s Toa Payoh district Chanachai Panichpattanakij | Moment | Getty Images Singapore’s private home prices fell for the first time in five quarters amid depressed sales, preliminary market data showed on Tuesday.  The data released by the Urban Redevelopment Authority showed that its private home price index fell 1.1% last quarter as

Rupert Murdoch at his annual party at Spencer House, St James’ Place in London. Picture date: Thursday June 22, 2023. Victoria Jones | Pa Images | Getty Images LONDON — Rupert Murdoch’s Australian property firm REA Group said Monday it would no longer seek to buy the U.K.’s Rightmove after the property portal rejected a fourth

Owngarden | Moment | Getty Images A handful of states have rolled out rebates to consumers who make their homes more energy-efficient, just months after New York became the first state to do so, in May. Meanwhile, South Dakota officials in August declined the federal funding, which is tied to two new programs created by