Jesse

Mortgage Forecast: 6% Rates Still on the Horizon, but Not in Time for Spring

By: Yutthana Gaetgeaw/Getty Images Roughly 72% of potential homebuyers say homeownership would be financially feasible if mortgage rates fell below 5%, according to a recent survey from Realtor.com. That means mortgage rates would need to drop by at least 2% to unlock today’s unaffordable housing market.  But there’s a problem. Major forecasts don’t call for…

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Smugglers using ‘cloned’ vehicles to elude authorities

Alleged smuggler crashes into berm with migrants in car On Feb. 15, U.S. Border Patrol agents in Newfield, Arizona … construction vehicles, other vehicles that they put a sticker on that looks like … [wpts_spin]{Read|See} the {entire|full} article {on|about} infrastructure development in Arizona, or, read more news about {Arizona real estate investing|real estate investing in…

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A little-noticed inflation report in the past could get a lot of market attention on Thursday

By With markets on edge over the direction of inflation , a report Thursday that often flies under the economic radar is likely to take on more importance. The Commerce Department’s measure of personal consumption expenditures prices could add to evidence that inflation is stickier than some economists and policymakers had thought. January’s reading is…

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