
1 in 5 Renters Spend Entire Paycheck on Rent
Many are working a second job or a job they hate to afford rent, Redfin found. Rental affordability could stabilize in the future as more apartments are built.
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FEMA Increases Oversight on Florida Rebuilding
FEMA has been cracking down on post-hurricane rebuilding, enforcing stricter rules to ensure damaged homes meet flood safety standards amid rising storm risks.
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Mortgage Rates: 30-Year Dips, 15-Year Inches Up
Rates on 30-year mortgages slipped to 6.81% from 6.84% last week, while borrowing costs on 15-year fixed-rate mortgages climbed to 6.1% from 6.02%.
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Pending Home Sales Climbed 2.0% in October
NAR’s Pending Home Sales Index increased 0.9% in the South to 90.0 in October, up 2.5% from a year ago. Pending sales grew across the U.S.
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