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.
Millions of people took to the streets of India yesterday to celebrate Diwali, with the celebration also breaking a Guinness world record for the most lighting lamps in such a large number.
The largest South American airline altered its travel policy because Taylor Swift was supposed to perform in Argentina's capital on Friday but moved the date to Sunday because of inclement weather.
Los Angeles motorists should expect traffic snarls indefinitely as crews assess how much damage was caused by a raging fire that closed a major elevated interstate near downtown, officials said Sunday.
The MCU superhero factory hit a new low with the weekend launch of “The Marvels,” which opened with just $47 million, according to studio estimates Sunday.
