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.
The chief suspect in the disappearance of Natalee Holloway has admitted he beat the young Alabama woman to death on a beach in Aruba after she refused his advances. New details in the killing emerged Wednesday as Joran Van der Sloot pleaded guilty to extorting Holloway's mother, resolving a case that has captivated the public’s attention for nearly 20 years.
The trial of a Fugees rapper, who was convicted this year in multimillion-dollar political conspiracies, stretched across the worlds of politics and entertainment — and now the case is touching on the tech world with arguments that his defense attorney bungled the case, in part, by using an artificial intelligence program to write his closing arguments.
Israel said Wednesday that it will allow Egypt to deliver limited quantities of humanitarian aid to the Gaza Strip, the first crack in a 10-day siege on the territory. Palestinians reeled from a massive blast at a Gaza City hospital that killed hundreds the day before and grew increasingly desperate as food and water supplies ran out.
A 4000-year-old slab of rock is being dubbed a treasure map for archaeologists. The rock was found in 1900 at the site of an ancient tomb in northwestern France and it was declared Europe's oldest known map in 2021.
