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Gregory Schmidt
Posts
Jump in Mortgage Rates Could Add $100,000 to Housing Costs
With interest rates at 5 percent, borrowers could pay thousands in extra costs over the lifetime of a 30-year home loan, a report shows.
Homeownership Remains the American Dream, Despite Challenges
A new survey reveals that nearly three-quarters of Americans place owning a home above career, family and college as a sign of prosperity.
Gen Zers Are Buying Homes. Here’s Where They’re Looking.
Priced out of large metro areas, many young adults are seeking mortgages in midsize cities, new research shows.
Equity in U.S. Homes Rises in the First Quarter of 2022
A new study reports that nearly half of the homes in the United States were considered “equity-rich” in early 2022.
Where Can You Still Buy a House for Less Than $150,000?
A new analysis of the U.S. housing market shows that affordable homes are quickly vanishing from some cities.
Wages Can’t Keep Up With Spike in Housing Prices
Across the globe, the 10 cities that experienced the largest drops in affordability in 2021 were all in the U.S., new research shows.
A Tool to Make the Hunt for an Affordable Home Easier
AARP’s Public Policy Institute has redesigned its Livability Index, evaluating communities across the nation according to the services and amenities they offer.
Four Financial Tips for Buying a Second Home
Second homes are becoming more expensive, and house hunters should examine interest rates, upfront fees, maintenance charges and taxes when calculating the cost.
Toymakers Create Their Dream Projects (but Ask for Money Upfront)
Hoping to form stronger bonds with their fans, companies like Hasbro and Mattel are making once-in-a-lifetime toys through crowdfunding and other online strategies.
