Mortgage rates will continue to average above 6% next year, but affordability will improve modestly as the typical monthly payment falls below 30% of a household’s income for the first time since 2022, the Realtor.com® economic research team predicts in its 2026 housing forecast. The forecast predicts mortgage rates will average 6.3% across 2026, a … Read more
Battle lines are being drawn at the Federal Reserve over an interest rate cut in December, as key policymakers stake out their positions both in favor and opposed to a cut. While a December cut was seen as a virtual certainty a month ago, financial and betting markets now rate the probability as a virtual … Read more
Living in Florida is becoming punishingly unaffordable, and nearly half of the Sunshine State’s residents are now considering moving elsewhere, according to a new study. Florida Atlantic University’s Business and Economic Polling Initiative (BEPI) released the results of its latest poll this week, revealing that just under 50% of Floridians are “seriously considering” moving due to … Read more