Mortgage Rates Rise for Third Straight Week, Remaining at Near Annual High

The typical summer sales slowdown is being made worse, economists say, by renewed geopolitical tension in the Middle East, putting upward pressure on inflation and causing more financial strain for would-be buyers.  The average 30-year fixed mortgage rate (FRM) rose 3 basis points to 6.58% from 6.55

Buying a Foreclosed Home: How a Foreclosure Sale Works

Buying a foreclosed home can be a good way to score a deal while hunting for real estate. A foreclosure is a house whose owners were unable to pay the mortgage or sell the property. As a result, the real estate lender assumed ownership and is now trying to sell it to recoup some of its costs, typica

The 10 Hottest Cities in the U.S.

Key takeaways Phoenix, Yuma, and Las Vegas are the hottest cities in the U.S., where summer temperatures regularly top 100°F The nation’s hottest cities are clustered in the desert Southwest and the Rio Grande Valley in Texas—the hottest state in the country. As the climate warms and heat waves beco

EXCLUSIVE: Massive 88,000-Acre Ranch Spanning Texas and Oklahoma Sells for Nearly $128 Million

A spectacular legacy ranch spanning 88,000 acres over two states has sold for near its eye-popping asking price of $127.5 million. The Freeman Ranches, which had been in the Freeman ranching family for four generations, is one of the largest land offerings in the Panhandle region in several years. T