Why Mortgage Rates Just Hit a 9-Month High—and What It Means for Buyers and Sellers

As summer unofficially begins, mortgage rates have climbed to their highest level in nine months, propelled higher by soaring energy costs stemming from the ongoing conflict in the Middle East. Freddie Mac reported last Thursday that the average 30-year fixed home loan rate reached 6.51%, a benchmar

Wells Fargo To Offer Mortgage Discount on 3D-Printed Homes From Leading Builder

While 3D-printed homes built by robots might sound like something out of a sci-fi movie, they're becoming more prevalent, thanks to companies like Austin, TX-based construction technology firm Icon. In the past, some buyers of 3D-printed homes struggled to qualify for traditional mortgage financing,

Mamdani Announces Plan To Address NYC’s Housing Crisis ‘Block by Block’

Mayor Zohran Mamdani announced a sweeping plan to confront New York City’s housing crisis “block by block” on Tuesday, setting a goal of building 200,000 new affordable homes and preserving or stabilizing another 200,000 existing homes over the next decade. “Block by Block: The Housing Plan for a Ne

Can Today’s Sandwich Generation Actually Afford a Home, Kids, and Eldercare?

Homebuying is already a difficult enough undertaking for many Americans thanks to high home prices, elevated mortgage rates, and constrained inventory. So if you’re one of the millions of people currently caught in the “sandwich generation” of financially supporting both your aging parents and growi