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.
Cheddar News revisits the story of a Burger King employee who received $250,000 through GoFundMe after social media discovered he received an underwhelming set of gifts from his employer for decades of service without missing a day of work.
who went viral over the summer for not missing a day of work but received an underwhelming set of gifts from his employer. People chipped in to "reward" him on social media and he received $250,000 from a GoFundMe account.
