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.
It's been 65 million years since dinosaurs roamed the planet. Now they're performing live in a city near you. Cheddar News correspondent Shannon LaNier is on the scene at the Prudential Center in Newark, New Jersey to learn more about the Jurassic World Live Tour, a stunt-filled, live-action arena show featuring a number of massive animatronic dinosaurs.
