U.S. home prices continue to rise, even as high mortgage rates keep many potential buyers on the sidelines. The phenomenon has puzzled many market watchers, but real estate experts explain this is largely due to a persistent supply shortage. With fewer homeowners willing to sell and give up their low-interest mortgages, inventory remains tight. This…
Mortgage interest rates on February 3, 2026, showed steady trends, with the average 30-year fixed rate mortgage holding at 6.88%. The 15-year fixed rate mortgage inched up slightly to 6.21%, while the 30-year jumbo mortgage dipped to 6.89%. These fluctuations reflect a broader market balancing act as mortgage lenders gauge bond yields, inflation data, and…
When multiple family members inherit a property together, disputes over its use, upkeep, and future can quickly arise, creating legal and emotional headaches. The disagreements may range from whether to sell or keep the property, to how the expenses and profits should be split. Experts recommend open communication and the establishment of a written agreement…
John Werner, a veteran mortgage expert based in Vancouver, WA, forecasts a more favorable housing market by 2026 as interest rates are expected to fall. He advises current homebuyers and sellers to stay informed and strategic, noting that while current rates remain elevated, a potential drop in 2026 could provide improved affordability and greater purchasing…
Bitcoin’s recent price action has drawn significant attention as the cryptocurrency hovers around its all-time high, fueled by increasing institutional interest and ongoing macroeconomic uncertainties, particularly concerns about rising inflation. Investors are closely watching the moves of large asset managers and government policies, which can have direct impacts on market sentiment and price volatility. The…
A spacious condominium in Old Town Scottsdale has hit the market for $1.1 million, offering three bedrooms, three bathrooms, and over 2,300 square feet of living space. Built in 2007, the contemporary property features modern finishes, an open floor plan, and plenty of natural light, making it ideal for buyers seeking a blend of urban…
Home prices in Arizona are surging, with the Phoenix area seeing a noticeable increase as buyers re-enter the market. According to real estate experts, limited housing inventory and steady demand are driving up costs. Median home prices have risen significantly compared to a year ago, and bidding wars are becoming more common again. While interest…
**Fed Rate and Growth Outlook** RSM economists have revised their outlook on Federal Reserve policy, now forecasting just one rate cut in 2024, likely in December, instead of the previously anticipated three. This adjustment is driven by persistent inflation and a robust labor market, which have both caused Fed officials to signal a more cautious…
Retsy, a prominent residential real estate brokerage, has been ranked among the top 10 brokerages in Arizona, according to a recent evaluation of the market’s most productive companies. Demonstrating its strong presence in the Phoenix region, Retsy secured significant recognition not only as a firm but also through its agents and teams, who claimed several…
AJ Dybantsa delivered a historic performance for No. 13 BYU, scoring 43 points to set a new freshman record and lead the Cougars to a 91-78 victory over Utah. The standout freshman shot 15 of 21 from the field and added six rebounds, thrilling fans with his dynamic play. BYU maintained control throughout the game,…