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

Every city’s rental market has its own unique rite of passage for new residents. When I moved to Boston, it was surviving the dreaded Sept. 1 move-in chaos. When I moved to New York, it was finding an apartment at all. But in California, for many renters, it was lugging a refrigerator into their new

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 —

A Pompano Beach apartment building traded for $41 million, marking a slight discount from its price four years ago, while a Boca Raton rental complex sold for $30 million.  Greenwood Village, Colorado-based Griffis Residential bought the eight-story, 144-unit building at 275 North Federal Highway in

Chilean developer Claudio Fischer secured a $65 million loan tied to a prime development site in Miami’s Brickell neighborhood,  Banco Santander provided the financing, which is secured by a 1-acre assemblage at 68, 82 and 84 Southwest 13th Street and 1399 Southwest First Avenue, records show. The s

It finally happened today: We got mortgage rates under 6% for a short time. Can we get some traction for that level? Well, one aspect of the mortgage-rate story really improved today; we had a monster day in mortgage spreads, improving overnight to push rates down over 20 basis points without much h

In a move aimed to “make the cost of owning a home more affordable,” President Donald Trump announced on social media that he is directing the federal government to purchase $200 billion in mortgage bonds, using cash reserves held by Fannie Mae and Freddie Mac.  Homebuyers and homeowners are craving

There are several reasons you might be in the market for a new home right now. Maybe you’re moving for work or perhaps you’ve outgrown your current space. Maybe you're ready to lay down roots or you're even interested in investing. No matter your situation, buying a home has been marketed as the Ame

Homes remained less affordable than historic norms in nearly every U.S. county at the end of 2025, despite modest improvements late in the year, according to ATTOM’s latest U.S. Home Affordability Report, released Thursday. In 586 of the 594 counties analyzed (or 99%), median-priced single-family ho

Fannie Mae and Freddie Mac quietly increased their purchases of mortgage-backed securities (MBS) in 2025, helping push mortgage spreads lower toward the year’s end. Most analysts, however, were not expecting further meaningful tightening in the near term — at least until this week. That changed Thur

Comedian Ellen DeGeneres has thrown herself back into the U.S. housing market with gusto, snapping up a stunning Montecito mansion for $27.4 million in an off-market deal that closed at the end of November—one year after she and wife Portia de Rossi relocated to the U.K. DeGeneres, 67, and de Rossi,

Housing professionals across the country raised their eyebrows earlier this week when President Donald Trump said he would look to stop large institutional investors from buying homes, citing increased affordability pressures on the typical American consumer. Cotality principal economist Thom Malone

WHAT: Get ready to Illuminate the Future! Guadalupe Center’s Elevate Gala returns with fine dining, inspiring student performances, and an unforgettable live auction.  WHO: Guests will include distinguished community and business leaders, dedicated philanthropic supporters, and members of Guadalupe

The U.S. labor market continues to slow with the economy adding just 50,000 nonfarm payroll jobs in December, according to data released Friday by the U.S. Bureau of Labor Statistics (BLS).  In addition to the modest jobs gain, the November jobs number was revised downward to 56,000, which is 8,000

Buying a former church can prove to be a lucrative decision for a savvy investor who is seeking a property that offers historical significance, architectural creativity, affordability, and the chance to build a home unlike any other. When a church ceases to be used as a place of worship, the structu

After getting the official go-ahead last month to move forward with the $400 million ballroom at the White House, a new twist has emerged in the renovation plans. Designs were shared in a public meeting of the National Capital Planning Commission on Thursday, but the project's architect said that Pr

"General Hospital" star Cameron Mathison has reflected on the first anniversary of losing his home in the tragic California wildfires, sharing a heartbreaking video of the devastation caused when the blaze ripped through his dwelling. The devastating fires, which broke out on Jan. 7, 2025, destroyed

Meritage Homes is pursuing a rezoning of a 30-acre site it has under contract in Wellington, with preliminary plans for a 206-townhome complex.  The Scottsdale, Arizona-based homebuilder proposes the project for the six-lot site at 16300, 16350 and 16426 Velazquez Road, and at 16275, 16301 and 16421

Mortgage rates this week for a 30-year fixed loan increased to 6.16%, up from 6.15% last week. The rate is still at its lowest point in over a year. So what impact does this have on your monthly mortgage payment? And what does this mean for homebuyers? Here’s the monthly cost of purchasing a typical

A proposed 5 percent tax on billionaires in California is propelling another wave of wealth to South Florida.  Look no further than Google co-founder Larry Page, one of the three wealthiest men in the world, who recently spent a combined $173 million to buy two waterfront homes in Miami’s Coconut Gr