Key insight: Federal Reserve Gov. Lisa Cook reiterated an earlier position that she is ready to raise interest rates, but added more insight into why she did not vote in favor of a hike at last week’s FOMC meeting. Expert quote: “The longer inflation is above target, the more likely this scenario becomes. Thus, while […]

Starter homes in June are now 1.5% more affordable than they were a year ago based on the borrower’s income, continuing a trend that began last November, Redfin said. But rising mortgage rates have narrowed the gap. Processing Content By comparison, in January, the income needed to afford one of these homes was 5.3% lower

The Iran War and deteriorating housing market conditions are contributing to a steep dive in sentiment among real estate investors this summer, with almost one-third suspending purchases in 2026, according to a new report. Processing Content Only 26% of investors believe current conditions show improvement on a year-over-year basis, which is the lowest share on