Your Future Home hosts Baker Machado and Jill Wagner discuss all the recent headlines in the real estate sector...everything from an uptick in the housing market to the top states predicted to have the biggest housing boom this year.
Long-term mortgage rates climbed this week to their highest level in nearly four years. The jump signals that the prospect of higher inflation is steadily increasing the cost of borrowing to buy a home. However, this isn't stopping builders from being optimistic. According to the National Association of Home Builders housing market index, builder confidence was unchanged in the past month.
Plus, according to a Fitch Ratings forecast, U.S. housing prices are expected to rise 4.6% this year. Among the states that are predicted to be top performers in 2018: Nevada, Texas, Florida, North Carolina, and Colorado.
A university for deaf students in Washington, D.C. held a ceremony for two dozen students who over 70 years ago were forced to attend segregated schools and never received their diplomas.
Monday is National Tequila Day. Cheddar News checked in from Toro Loco in downtown Manhattan to take a peek at some of the restaurant's top signature tequila cocktails made by bartender Will Tacuri.
