Your Future Home hosts Baker Machado and Brad Smith discuss some of the biggest news in the real estate market...including the top market for luxury real estate!
U.S. mortgage rates have hit their highest level since 2014 after the ninth consecutive week of increases. The rate for a 30-year fixed rate mortgage rose to 4.46%. At the start of the year, the average rate was 3.95%. Rising rates have already made some current homeowners less likely to move, which is leading to a lack of affordable housing in the market.
Plus, when it comes to luxury real estate, a million dollars doesn't buy what it used to. The London based brokerage firm Knight Bridge measured the top markets around the globe by how much property you could buy for one million dollars. According to the so-called "wealth report" Monaco took top honors for high-end real estate. One million dollars there will get you about 172 square feet...the size of a respectable walk-in closet.
Millions of bees were spilled from crates on a truck in Canada.
One Good Thing: Oprah and The Rock Launch Fund For Maui
Archaeologists found hidden treasure from a 200-year-old West Point time capsule that initially disappointed in a live stream that appeared to yield just dust when the artifact was first opened.
The thief who went viral after he stopped to pet a dog while stealing a bike was caught.
Residents of a small town in Italy saw ancient ruins discovered on a site that was being constructed for a supermarket.
The annual food fighting festival in a Spanish town left the town in tomato sauce.
Archaeologists found hidden treasure from a 200-year-old West Point time capsule that initially disappointed in a live stream that appeared to yield just dust.
There won't be a shortage of parties and barbecues this Labor Day weekend. Madeleine Buckley, senior editor with The Toy Insider, joined Cheddar News to show what games are available for families and friends of all ages to enjoy together.
Taylor Swift's Eras Tour is coming to movie theaters.
It’s become a stink at the U.S. Open: a pungent marijuana smell that wafted over an outer court, clouded the concentration of one of the world’s top players and left the impression there’s no place left to escape the unofficial scent of the city.
