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.
France celebrated Bastille Day last week, and restauranteur Kiril Mihajlov executive chef Alan Vargas of The Consulate stopped by Cheddar News to prepare a classic French dish.
Authorities in Nevada confirmed Tuesday that they served a search warrant this week in connection with the long-unsolved killing of rapper Tupac Shakur.
Two more tourists have been caught allegedly defacing the Colosseum in Rome. just weeks after a similar incident involving another tourist took place in June.
Tom Cruise has reportedly joined negotiations between SAG-AFTRA and the Alliance of Motion Picture and Television Producers, according to The Hollywood Reporter.
