Where Can First-Time Buyers Save for Down Payments Fastest?

Aspiring first-time buyers may want to consider settling down in Detroit, Virginia Beach or Warren, Michigan, where a typical household would need just a few years to save the median down payment. This, according to new analysis from Rocket that estimates the time it would take a typical household t

Why Fed President Beth Hammack wants more rate hikes

As we approach Jobs Thursday, certain Federal Reserve members have still not changed their tune about rate hikes, even with oil prices back down to $70 today. Why haven’t mortgage rates dropped along with oil prices? Because Fed policy has shifted, and some Fed members want more rate hikes. Today, I

MRED seeks arbitration in Zillow antitrust lawsuit

With less than 48 hours to go before the start of a two-day hearing regarding Zillow’s preliminary injunction motion in its antitrust lawsuit against Midwest Real Estate Data (MRED) and Compass International Holdings, the Chicagoland MLS is seeking to compel arbitration with the listing portal giant

The Dallas-Fort Worth, TX, Metro Has a Shortage of Homes for Middle-Income Earners

The dream of finding an affordable home can feel increasingly out of reach for many prospective buyers, especially those in the middle-income bracket. While the housing market might show signs of improvement on paper, the reality for many is a persistent struggle to find properties that align with t