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.
Ariana Grande uploaded a live performance of her song 'Honeymoon Avenue.'
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street. This week we're following the Jackson Hole Economic Symposium, UPS, Dollar Tree, Nvidia and Peloton.
Miley Cyrus and Selena Gomez released new music on Friday.
'Gran Turismo' is coming out Friday in theaters.
'Dune: Part Two' will now be released next year instead of in November.
A hospital in Georgia celebrates babies in the NICU with a graduation ceremony when they are discharged.
Summer is nearing its end but that doesn't mean you can't still catch some fun in the sun without breaking the bank. Viveca Chow, an expert on free and cheap things to do in New York City, joined Cheddar News to provide tips on where and how you can save while visiting the city.
The London Zoo had its annual weigh-in to keep records of animals there updated.
Police are warning about a wild monkey that's on the loose in Florida.
Ahead of National Dog Day on Saturday, Alina Hauptman from Best Friends Animal Society joined Cheddar News to discuss adopting a dog from a shelter and what the organization is doing to help pets that have survived the Maui fires.
