Buying a Home: Steps to Take for Homeownership

Thoughtful planning can help would-be home buyers prepare for the experience. A clear look at finances and budget is a good place to start.

Don't Skip Having an Open House

Open houses can generate traffic, widen the pool of potential buyers, shorten the decision window and support stronger offers, plus reinforce buyer trust.

Average U.S. 30-Year Mortgage Rate Rises to 6.3%

Ending a 3-week slide, it’s up from 6.23% last week, but lower than the 6.76% a year ago. The 15-year FRM rose to 5.64%; it was 5.58% last week and 5.92% a year ago.

Key Inflation Gauge at Highest Level in 3 Years

Prices rose 3.5% compared to a year ago, pushing inflation further away from the Fed’s 2% target, likely leaving interest rates on hold at least for now.