
Mortgage Rates Rise for Fourth Straight Week, Hitting 12-Month High
The continued summer slowdown in the housing market could see an uptick in transactions before fall, but economists are pointing to an array of economic and geopolitical headwinds that could possibly drive mortgage rates even higher as the spark. The average 30-year fixed mortgage rate (FRM) rose a
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Retired Homeowners Need To Start Spending Their Nest Egg—and The Best Investment Is Your House
Most homeowners spend decades saving for retirement. However, when the time finally comes to quit working, many are afraid to spend their savings. In fact, Corebridge Financial’s decumulation survey found that 38% of retirees have spent less than they wanted during their nonworking years. And that
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Inflation Cools to 2-Month Low, but the Future Is Murky
Inflation cooled in June according to the latest data from the Bureau of Economic Analysis (BEA), meeting economists’ expectations for the month. However, the trend may not continue as the Iranian conflict persists. The Personal Consumption Expenditures (PCE) price index slipped 0.1% month-over-mont
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Twin 100-Year-Old Nantucket Cottages Hit the Market for $2.5 Million
Two bungalows in the picturesque village of Siasconset on Nantucket have hit the market for a combined $2,495,000. Siasconset, known by locals as "Sconset," is a town of around 500 people on the southeastern tip of the island. Located about 30 miles off the coast from Cape Cod, MA, Nantucket is a co
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