Mortgage Applications Fall Again as Higher Interest Rates Sideline Buyers

Mortgage applications fell once again last week, as higher inflation and continuing uncertainty over the global economy kept interest rates climbing for the seventh straight week. For the week ending Oct. 9, the Mortgage Bankers Association's Market Composite Index—a measure of total mortgage loan a

Inflation Jumps to 3.7% in Troubling Sign for Mortgage Rates

Inflation rose last month, driven by surging gas prices as the war with Iran continues to affect oil prices, according to the latest consumer price index report. Overall prices rose 3.7% for the 12 months through September, up from a 3.4% annual increase in August, according to data released by the

High-End Homebuyers Are Flocking to Areas With Top-Rated Public Schools—Here’s Where

There are many reasons that luxury-home buyers choose a location—everything from jobs to family to weather. But a high-quality public school system has always been a factor that lures wealthy families to an area. "A highly rated public school district carries real value for a home and attracts buyer

This Waterfront Property Comes With Its Own Private Island—and an 1800s Farmhouse

A 22.8-acre waterfront property, which includes an 1800s farmhouse and "Oyster House" on its own private 1-acre island, has splashed to the top the week’s most popular homes list. The "one-of-a-kind" island home in Middlesex, VA, listed for $995,000, has a boat ramp on the Rappahannock River and acc