Strong consumption data combined with slowing inflation points to a “soft landing” for the economy, Fannie Mae‘s Economic and Strategic Research (ESR) Group said Thursday. But the government sponsored enterprise still expects a recession next year.“In order to achieve a soft landing, economic growth

Soaring mortgage rates are taking a major chunk out of homebuyers’ budgets, according to a new report from Redfin.A homebuyer on a $3,000 monthly budget, for example, could afford a $429,000 home with a 7.4% mortgage rate, using rate data from August 23. That buyer lost $71,000 in purchasing power c

As the frequency and severity of extreme weather events continue to rise, it’s more critical than ever that owners develop proactive, resilient emergency strategies.

Mortgage rate shot up again last week as the bond market continues to grapple with a growing economy in the run up to the next Federal Open Market Committee meeting. Investors are concerned that the central bank will continue raising the funds rate, pushing borrowing costs even higher. For many, the