News
Thinking about moving? Here's what to know about the spring housing market
6+ day, 12+ hour ago (25+ words) NBC Connecticut Thinking about moving? Here's what to know about the spring housing market...
How the war in Iran can affect home mortgage prices
1+ mon, 3+ day ago (21+ words) NBC Connecticut How the war in Iran can affect home mortgage prices...
What could a 50-year mortgage look like?
5+ mon, 1+ week ago (246+ words) President Donald Trump recently floated the idea of 50-year mortgages on social media. It has people and experts talking, but how would it even work? Last year, the National Association of Realtors said the median age for a first-time homebuyer…...
Ahead of Federal Reserve meeting, mortgage rates drop
7+ mon, 1+ week ago (343+ words) Next week, the Federal Reserve will likely cut interest rates. But mortgage rates are not waiting. The average rate has dropped recently to 6. 29% for a 30-year-fixed mortgage, according to Mortgage News Daily. It's the lowest in about 11 months. For a…...
Study finds renting can be cheaper than buying in short term
11+ mon, 1+ week ago (292+ words) NBC Connecticut has been focused on the housing challenges our state is facing. Now a new report finds " in some cases " renting might be something to consider instead of buying. "I think we have to move away from the narrative…...
Struggling to buy a home? More investors are snapping them up as prices rise
9+ mon, 1+ week ago (467+ words) Real estate investors are snapping up a bigger share of U. S. homes on the market as rising prices and stubbornly high borrowing costs freeze out many other would-be homebuyers. Nearly 27% of all homes sold in the first three months of the…...
Trump's "big beautiful' bill locks in key tax breaks for homeowners'here's what to know
9+ mon, 1+ week ago (479+ words) President Donald Trump's tax and spending bill revives and expands homeowner tax breaks " while making the current mortgage interest deduction cap permanent. The $750, 000 limit on deductible mortgage debt ($375, 000 for single filers) had been set to expire after 2025 and revert to…...
National home prices hit record high
10+ mon, 1+ day ago (313+ words) Home prices have hit a record high nationally. But there are signs sellers are willing to negotiate as the housing market cools in some areas of the country. Redfin found the median U. S. home-sale price hit a record $395, 000 in the past…...
Barbara Corcoran says now is "a great time to get a good deal' on real estate'here's why
11+ mon, 3+ week ago (360+ words) Barbara Corcoran is a seasoned real estate expert with over 50 years of experience in the business. In a video posted to her Tik Tok account this month, the "Shark Tank" star suggested the uncertainty surrounding President Donald Trump's tariff agenda…...
Connecticut defies national trend of sputters in spring homebuying
10+ mon, 3+ week ago (303+ words) This is the time of the year the housing market usually heats up. But there are signs nationally it's been sputtering, according to a recent report from Redfin. So how do things compare in Connecticut? After a challenging search, Judi…...