
Mortgage Rates Rise to 6.49% Despite Iran Deal as Buyers Face a ‘New Normal’
Mortgage rates ticked up Thursday, signaling that the recent U.S.-Iran peace agreement and accompanying drop in oil prices have not been enough to ease economic uncertainty. The average rate on 30-year fixed home loans advanced to 6.49% for the week ending June 25, up 2 basis points from 6.47% the p
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Mamdani’s Rent Freeze Passes—and New Yorkers May Pay a Steep Price
A member of the Rent Guidelines Board (RGB) resigned ahead of its highly anticipated vote to freeze rents on the city’s more than 1 million rent-stabilized apartments. In her resignation letter, Christina Smyth all but confirmed that the board would approve a 0% increase—a marquee campaign promise o
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7 Home Features Buyers Commonly Rethink After Moving In
Luxury amenities and premium upgrades can make a home feel like a dream come true, but some features lose their appeal once homeowners face the reality of maintenance, changing lifestyles, or resale value. While certain upgrades are worth the investment, others may not provide the return or everyday
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Can You Still Buy a House After a Low Appraisal?
A low appraisal can feel like a major setback when you’re under contract to buy a home, especially if you’re worried the deal might fall through. If you’re asking, can you still buy a house after a low appraisal, the answer is often yes. While a low appraisal can create financing challenges, buyers
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