Real Estate & Mortgage News

Fannie Mae raises 2025 mortgage rate forecast amid inflation concerns

Fannie Mae's economic forecast indicates that mortgage rates will remain volatile in 2025 due to ongoing inflation and trade tensions. The group expects rates to end 2025 at 6.6% and 2026 at 6.5%. The "lock-in effect" may persist, limiting home sales as high rates affect affordability. Home sales are projected to be 22% below 2019 levels, despite an upward adjustment in outlook due to...

How The Economic Blackout Could Backfire On Main Street

An economic blackout targeting large corporations could unintentionally harm small businesses crucial to local communities. The initiative urges consumers to stop discretionary spending at major retailers, which might also impact independent shops vital to local economies. Small business owners emphasize their community support role compared to large corporations. Future plans involve targeted week-long...

Check out my new listing Address: 1901 NW S River Dr 16B

Spacious 2-bed, 1.5-bath townhome in River Club Townhouse Condo, along the Miami River! Features an open living & dining area, updated kitchen, private fenced yard with astro turf & large porch. Includes 1 assigned + 1 guest parking. Investor-friendly: Rent immediately, corporate ownership OK! Prime location: Minutes to River Landing Shops, Sewell Park,...

15 Cities Where the Most People Are About To Retire — 6 Are in California

In 2025, approximately 11,400 Americans will turn 65 daily, marking a significant retirement wave. Research by SmartAsset identified 15 U.S. cities with the highest populations of those aged 55 to 64, indicating where retirements will surge. Notably, six of these cities are in California, which is among the most expensive states. Cities like Pembroke Pines, Cape Coral, and Thousand Oaks are highlighted...