How many first-time homebuyers are there in the housing market? That’s an important question. A smaller share of first-timers suggests that the market may be too competitive or too expensive – and ultimately not very inclusive. A bigger share suggests market conditions may be a bit easier, and that more Americans are getting a shot […]
Mortgage Rates Climb for Fourth Straight Week as Easy Money Crackdown Begins
Rates for home loans ticked up slightly, a reminder that the easy-money era for mortgages will likely have to end at some point. The 30-year fixed-rate mortgage averaged 4.20% during the April 25 week, Freddie Mac said Thursday. That was up three basis points during the week and marked the fourth straight weekly rise for the […]
‘Jeopardy’ Host Alex Trebek Cuts Price on Lakefront Vacation Home
Emma McIntyre/Getty Images Answer: This 30-acre lakefront retreat on Lake Nacimiento in Paso Robles, CA, has just been reduced in price from $1,595,000 to $1,399,000. Question: What is Alex Trebek‘s California vacation property? Located near the Central Coast wine country, the lakeside property is about a 3.5-hour drive from Los Angeles. It’s anchored by a 2,595-square-foot, three-bedroom ranch house. The home […]
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