Mortgage demand weakens as rates hit highest level in 15 months
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From taking a bullet train in Japan to backpacking around Europe, I’ve visited 43 countries so far, and I try to travel by rail whenever possible. However, when I reviewed the states I’ve visited in the US over the years, I found that I almost always flew to get from point A to point B,…
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U.S. home prices climbed higher in May, presenting another affordability hurdle for prospective homebuyers dealing with inflated consumer prices and elevated mortgage rates. The seasonally adjusted FHFA House Price Index (HPI) from the Federal Housing Finance Agency rose 0.3% from April and 2.2% over the preceding 12 months, the regulator of Fannie Mae and Freddie…