Jobs Friday came and went without much reaction in bond yields because the labor market isn’t breaking, nor is it getting stronger. Mortgage rates dropped into the 5s for a short time on Friday as a result of Trump’s earlier announcement directing the GSEs to buy $200 billion in mortgage backed securities. The 10-year yield didn’t move much after the report. But the BLS report showed 50,000 jobs...
Is this a cottage or a mini...
Mortgage rates briefly fell below 6% on Friday for the first time in nearly three years — driven by President Donald Trump’s proposed $200 billion push in the secondary market. If they stay that low, they are expected to spur refinance activity. Historically, a 22–basis-point decline in the 30-year fixed mortgage rate, such as the one reported by Mortgage News Daily earlier on Friday, has been...
Elon Musk, the billionaire CEO of Tesla and SpaceX, stoked debate about the future of retirement savings by saying that in the coming years, traditional retirement planning could become “irrelevant” amid technological advances. “One side recommendation I have is: Don’t worry about squirreling money away for retirement in 10 or 20 years,” Musk said on the “Moonshots with Peter Diamandis”...
President Donald Trump announced plans to ban large institutional investors from buying single-family homes earlier this week, arguing the move would ease competition for families and improve housing affordability. The proposal has reignited a long-running debate over the role Wall Street-backed landlords play in the housing market — and whether restricting them would meaningfully lower home prices or...
News that the proposed merger between Compass and Anywhere would close this week came as a surprise to many in the industry, especially those who were anticipating a robust antitrust review of the deal. Several news outlets are reporting that antitrust regulators were blocked from a deeper investigation into the deal by officials higher up in the Justice Department, something that HousingWire has not been...
Residential construction fell to its lowest point since May 2020, according to an October U.S. Census Bureau report that was delayed by last year’s government shutdown. Widening air pockets of demand over the past year led to an overbuild of speculative homebuilder inventory in — formerly booming — Sun Belt and Mountain West markets. Builders hit the brakes on new production to reset the...
The 1990s were a fascinating moment in American home design. Houses were getting bigger, technology was becoming central to daily life, and ideas of comfort and success were shifting fast. “Nice” homes weren’t minimalist or restrained: they were expressive, layered, and eager to show what they had. Many of the features that defined the decade were meant to signal modernity, progress, and a...
There’s something about a backyard pool that instantly shifts the mood. Even in the middle of winter — or during a long workday — it’s hard not to linger on sparkling pools and imagine you’re somewhere else entirely, enjoying warm air, quiet afternoons, and nothing on the schedule. From resort-style setups to classic family pools surrounded by trees, these private backyard pools tap into...
If your floors could use a refresh this year, let these five expert-backed trends influence your...
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