Author name: Szabi

As Mortgage Rates Rise, Fresh Real Estate Listings Hit a Near 3-Year High

As Mortgage Rates Rise, Fresh Real Estate Listings Hit a Near 3-Year High

Mortgage rates rose this week, following much anticipated news by the Federal Reserve this Wednesday to hold its benchmark borrowing rates steady. The average rate for a 30-year fixed home loan inched up from 6.74% to 6.87% for the week ending March 21, according to Freddie Mac. “After decreasing for a couple of weeks, mortgageRead …

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As Mortgage Rates Dip, Homeowners With High Rates Move to Refinance

As Mortgage Rates Dip, Homeowners With High Rates Move to Refinance

The numbers: Mortgage applications inched up, driven by an increase in refinances by homeowners with near-peak rates. With the 30-year mortgage dipping below 7% in the latest week, homeowners who took on mortgages when rates were at or near 8% refinanced their loans to bring down interest costs. Consequently, the overall market-composite index—a measure ofRead …

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Rapper to Riches: YoungBoy Never Broke Again Lists His Salt Lake City Mansion for $5.5M

Rapper to Riches: YoungBoy Never Broke Again Lists His Salt Lake City Mansion for $5.5M

Rap artist YoungBoy Never Broke Again just put his sprawling Salt Lake City mansion on the market for $5.5 million. YoungBoy, whose given name is Kentrell DeSean Gaulden, is poised to unload an “architectural masterpiece,” to borrow language from the listing. The rapper has lived in the place while under house arrest, according to BillboardRead …

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Angling for a Deal? Frank Lloyd Wright-Designed Home in Kalamazoo Is Listed for Just $790K

Angling for a Deal? Frank Lloyd Wright-Designed Home in Kalamazoo Is Listed for Just $790K

After two years of updates, a Usonian home designed by Frank Lloyd Wright in Kalamazoo, MI , is ready for its next owner. Like Wright’s other Usonians, it’s a ranch style with horizontal lines throughout. Other design hallmarks include radiant-heat concrete flooring, a cantilevered carport, low-pitched roof with generous overhangs, and built-in furnishings and shelving.Read …

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Rent Josh Brolin’s Gorgeous Atlanta Mansion for $35K a Month

Rent Josh Brolin’s Gorgeous Atlanta Mansion for $35K a Month

Actor Josh Brolin just put his enormous Atlanta home on the rental market for $35,000 a month. The “Dune: Part 2” star and wife Kathryn purchased the five-bedroom, eight-bath mansion in 2020 for $3,250,000, reportedly as a departure from life on the West Coast. The traditional, baronial interior design, courtesy of the decorators at PierceRead …

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Gen-Z Homebuyer Must-Haves

Gen-Z Homebuyer Must-Haves

Caleb Hall is running out of time. The 25-year-old mechanical engineer and his 23-year-old wife, a nurse, have been looking for a home of their own for the past six months in the Huntsville, AL, area. Their only must-haves are the home must be relatively move-in ready, be in a safe community, and have aRead …

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Mortgage Rates Just Dropped—but the Housing Market Got Even Better News This Week

Mortgage Rates Just Dropped—but the Housing Market Got Even Better News This Week

Mortgage rates dropped this week after pushing dangerously close to 7%. The average rate for a 30-year fixed home loan ticked down from 6.94% to 6.88% for the week ending March 7, according to Freddie Mac. “Evidence that purchase demand remains sensitive to interest rate changes was on display this week, as applications rose forRead …

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Sister Act: Former Montana Convent Reborn as a $929K Luxury Residence Is the Week’s Most Popular Home

Sister Act: Former Montana Convent Reborn as a $929K Luxury Residence Is the Week’s Most Popular Home

Here’s a rare opportunity to be witness to a divine real estate intervention. A spiritual sanctuary once used as a convent and reborn as a luxury residence in Butte, MT , is the week’s most popular home. The brick structure still features vestiges of its storied past. Also getting attention this week were a newlyRead …

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