News Archive

The 28/36 rule helps buyers gauge affordability: spend no more than 28% of income on housing and 36% on total debt, though some lenders may allow more.

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March housing starts fell 11.4% to a 1.32M pace amid higher rates and costs, while permits rose 1.6%, suggesting continued interest in future building.

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In early 2025, luxury homes saw stable demand, making up 7.5% of sales, up from 5% in February 2023. Listings under $1M took 64 days to sell and over $1M took 75 days.

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NAR's latest guide helps buyers navigate land purchases, construction loans and building a custom home, providing valuable insights and tools for informed decisions.

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Experts forecast home prices to rise 3.4% in 2025 and 3.3% in 2026, down from earlier projections, according to Fannie Mae’s Q1 2025 survey.

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The average rate on a 30-year mortgage rose to 6.83% from 6.62% last week, while rates on 15-year mortgages increased to 6.03% from 5.82%.

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Workers earning income through digital platforms can qualify for mortgages if they have steady income, good credit, savings and solid documentation.

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Homemade pesticides may seem natural and cheap, but they can be ineffective and risky to health, plants, pets and the environment.

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The spring housing season is heating up with strong buyer interest, but limited listings and climbing prices making the market competitive, NAHB said.

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Nearly half of small business owners don’t realize they have a business credit score — yet it can influence loans, insurance and growth.

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