housing market
Mortgage rates are stabilizing but that may not be enough to help house hunters
Home prices are cooling off and mortgage rates fell last week, but the fallout from recent bank closures could continue to make it hard for some Americans to buy homes, economists say. Mortgage rates fell to 6.32% for a 30-year fixed rate mortgage, Freddie Mac data released on Thursday shows. Last fall, the 30-year fixed […]
To keep housing affordable, look beyond Airbnb
Last week, Representatives Sarah Fowler Arthur and Ron Ferguson along with 27 cosponsors introduced HB 563 — a bill to limit the ability of local governments to regulate the operation of short-term rental services like Airbnb. Airbnb has become a convenient scapegoat for local policymakers concerned about the price of housing in their neighborhoods. Opponents […]