Mortgage Rates Likely to Hold Steady After April Jobs Report Shows Stronger Hiring, Softer Wages
Takeaway: A mixed bag April jobs report will keep mortgage rates mostly steady as stronger-than-expected hiring lowers recession risk. But softer wage growth, a small underlying rise in unemployment, and the energy shock from the Iran war leave the Fed on hold for the foreseeable future. April’s job
The Price Point: What $250,000 Buys in These Best Cities for New Grads
In this edition of The Price Point—a weekly series where Redfin data journalists explore current housing inventory across a rotating combination of budgets and metro areas—we’re shifting our focus toward a few of the best cities for new college grads, according to Redfin’s latest report on the subje
Just Listed in Texas: A $12 Million Lakefront Estate That’s Luxurious Inside and Out
In this edition of Just Listed–a series from Redfin News that explores listings that are listed by Redfin or Compass agents on Redfin.com–we’re exploring a Mediterranean-inspired estate in Austin, Texas. Nestled along the shores of Lake Austin in the coveted Rivercrest neighborhood of Austin, TX, th
Should You Buy a Home Before Getting Married? Economist Says Yes.
A social norm that ties homebuying to marriage is delaying women’s path to homeownership, even when they can afford to buy on their own. 31% of single men ages 25-34 own their home, compared with 23% of single women the same age—a 30% gap. Marriage increases the likelihood of owning a home by 26%, e
