Inflation Cooled This Week. Mortgage Rates Still Rose for a Sixth Straight Week. Here’s Why.
Inflation cooled and Fed-hike bets faded, yet mortgage rates hit 7.30%, a sixth straight weekly rise. Here’s why, and the moves I’d check.
housing market
Nearly 1 in 10 Mortgage Applications Are Now ARMs as 30-Year Rates Hit 7.12% — What That Riskier Loan Can Cost You
9.8% of mortgage applications were ARMs last week as 30-year rates topped 7.12%. Here’s how an ARM reset and a 2-1 buydown actually work — and what to check before you sign.
The Housing Market Just Split in Two — Sun Belt Prices Are Falling While Rust Belt Soars. Which Side Are You On?
The U.S. housing market just split in two — Sun Belt prices falling, Rust Belt rising. Which side you’re on changes your debt options, your equity position, and the financial moves available to you right now.
The Housing Trap for People Over 50: Why Your Home Equity Cannot Save You From Debt
Homeownership dropped 8 to 10 percent across all age groups since 2000. People over 50 face a three-way trap: cannot sell, cannot refinance, cannot tap equity without risk. Never convert unsecured credit card debt into secured HELOC debt against your home.
Why New Home Prices and Remodel Costs Are Skyrocketing—And Why the U.S. Can’t Just Flip a Switch to Fix It
Quick Answer: Home prices and remodeling costs are skyrocketing due to a combination of rising lumber prices, supply chain disruptions, and new tariffs on Canadian lumber totaling nearly 40%. Lumber futures recently hit $658 per thousand board feet, the highest since 2022, creating significant budget impacts for new construction and renovation projects. Ever look at …
