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.
The Nobel Prize in literature has been awarded to Norwegian author Jon Fosse.
A new pop-up is recreating Elvis Presley's famous living room from Graceland and will be in New York on Thursday and Friday. Kevin Kern, vice president of public relations with Memphis Tourism, joined Cheddar News to explain what pieces are in the recreated room, including a drink inspired by the King of Rock 'n Roll.
With the annual Beauty CEW Awards in tow, Brittany Lo, founder of Beia Beauty, joined Cheddar News to show and demonstrate some of her company's sensual care products. Beia Beauty is a finalist in the sexual wellness category.
A Texas county commissioner is facing a possible felony charge in Nebraska after accidentally shooting his 12-year-old grandson during a wedding he was officiating.
Jurassic Park and Lego are partnering for a movie.
Police in Iowa helped rescue an owl stuck in a soccer net.
A self-described gangster who police and prosecutors say masterminded the shooting death of Tupac Shakur in Las Vegas in 1996 made his first court appearance Wednesday on a murder charge.
Staying on top of your personal spending shouldn't be as complicated as you think. Lazetta Braxton, a certified financial planner, joined Cheddar News to provide tips on how to track that spending, such as grouping expenses into different categories.
Author James Patterson joined Cheddar News to discuss a new book he co-wrote with Mike Lupica, "12 Months to Live," their third project together and also spoke about their upcoming tour as well as his passion for child literacy.
Andrea Correale of Elegant Affairs joined News 12's Elizabeth Hashagen to discuss how to elevate your party and snacks when gathering to watch football games.
