credit card interest rates
President Donald Trump's proposal to cap credit card interest rates at 10% has raised concerns in the mortgage industry. The cap might seem beneficial, but it could ultimately hurt would-be homebuyers. Mortgage professionals worry that the policy could lead to reduced credit availability, outweighing its benefits. Understanding the
Housing Affordability
President Donald Trump recently spoke at the World Economic Forum in Davos. He talked about three new policies to help make housing more affordable for Americans. Trump wants to stop big investors from buying single-family homes. He also wants to help people buy homes by making it easier to get
housing wealth
Homeowners over 62 years old in the US have a record amount of wealth in their homes. This is due to increasing home values and the money they have already paid into their homes. The total wealth is now $14.66 trillion, which is higher than the previous record of
housing market
A new law is being proposed to help homeowners save money when they sell their homes. This law would stop the government from taking a part of the money people make from selling their homes. The goal is to help people keep more of their hard-earned money. What is the
foreclosure
In 2025, the number of US properties with foreclosure filings increased by 14% from the previous year. This means that 367,460 properties were in the process of being repossessed by lenders. The number of foreclosure filings also rose by 3% compared to 2023. The main reason for this increase
homebuilding industry
The homebuilding industry is facing a critical moment. By the time the Super Bowl arrives on February 8, the stakes will be clear. This date marks the beginning of the Spring Selling Season, but it also signals a point where homebuilders must decide how to move forward. Current State of
first-time homebuyers
The National Association of Realtors thinks 2026 will be a good year for people who want to buy a home for the first time. They expect homes to be more affordable because there will be more houses for sale and buyers will find creative ways to make it work. This
Real Estate
More than one-third of people selling their homes find their agents online. This is a big increase from just a few years ago. Home buyers are also doing lots of research online to find the right agent. What's Changing in the Housing Market The way people buy and
AI
Home renovation has become easier with AI tools. These tools can change the color of walls or cabinets in a kitchen. However, they often don't provide a clear path forward for users. Introduction to AI in Home Renovations AI can transform the real estate industry. It could lead
home down payments
Saving for a home down payment is a big challenge for many people. It now takes about seven years for a typical household to save for a down payment. This is better than the 12 years it took in 2022, but still a long time. Down Payment Costs The cost
housing market
The housing market is finally seeing some balance after years of extreme shortages and rapid price growth. This year, the number of homes for sale increased, price growth slowed down, and homes took longer to sell. These signs show that the market is settling into a more stable rhythm. What