Impact of fed rate cut on mortgage rate
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Hopeful homebuyers are banking on the Fed's rate cut to make the American dream a reality.

What to know about tapping into your home equity as interest rates drop

The latest interest rate cut by the Federal Reserve may have created an opportunity for homeowners to explore options for their home equity. Here’s what you need to know.

More than 50% of Americans opting for 'rent-first' lifestyle, survey finds

A recent survey by Credit Karma reveals that over 50% of Americans are choosing a 'rent-first' lifestyle, prioritizing flexibility and savings over traditional ownership in various aspects of life, from housing to cars and fashion.

How high housing costs are impacting families
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High housing costs are making it hard for many Americans to make ends meet, and monthly rents are rising faster than wages, according to the newest housing study from Harvard University.

Proposed ordinance in Hinsdale would limit short-term housing rentals
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A proposed ordinance in Hinsdale aims to limit housing rentals to a minimum of 90 days in response to several complaints from residents about homes being used for short-term and nightly rentals through platforms like Airbnb and VRBO.

Cook County homeowners can make partial payments toward tax bill
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Homeowners in Cook County were hit with record property tax hikes. Cook County Treasurer Maria Pappas joined Good Day Chicago to explain how property owners can make partial payments toward their upcoming bills.

Biden proposes capping national rent increases at 5%

Biden’s proposal to help cap rent hikes at 5% would only apply to certain landlords. Here’s what to know.

Housing affordability is Gen Z's top voting issue, Redfin survey finds

Rising housing costs are making it difficult for first-time buyers to secure a home, an issue concerning young voters ahead of November’s election. 

Homes are overvalued in most of the US – and the problem is worse in these 5 states

An overwhelming majority of homes in the U.S. are overvalued as steep mortgage rates and an ongoing housing shortage push the price of real estate even higher.

Housing prices in these states will become 'more affordable,’ Redfin CEO says

The Fed’s handling of rate cuts will play a key role in 2024 housing affordability, but according to one expert, certain U.S. states are already seeing "good" signs.

Here are the top 10 rental markets for recent college grads

Researchers put together a new report featuring the best places for new grads to call home, and these are the cities that made this year’s list.