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.
Pope Francis' appointment to lead a Vatican office that oversees sexual abuse allegations was called 'baffling' and 'troubling' by a U.S.-based accountability group.
Indiana Jones, and executives at the Walt Disney Co. and Lucasfilm, made a somewhat dispiriting discovery this weekend. Moviegoers didn't rush to the theater in significant numbers to see “ Indiana Jones and the Dial of Destiny" and say goodbye to Harrison Ford as the iconic archaeologist.
