Mortgage interest rates in Q4 2022 and beyond In the five months since data for this article were collected, rates have moved considerably. In the final week of June 2022, the 30-year fixed-rate mortgage hovered at roughly 5.7%. Rates declined modestly in the following five weeks. By the first week […]
Read MoreIn March 2020, the pandemic began rapidly picking up steam, causing millions of schools, businesses, and workplaces across the country to shut down—many for the final time. In an effort to contain the unintended economic consequences of the COVID-19 lockdown, Congress passed the CARES Act. The $2.2 trillion emergency assistance […]
Read MoreIntroduction It’s no secret that the real estate markets have been blazing hot since COVID-19. Within a short span of just 24 months, the pandemic boom saw US homeowner wealth balloon by a staggering $9 trillion. To put this mind-boggling number into perspective, this means that the median homeowner gained […]
Read MorePrices are rising at a rapid clip, and nowhere is this unfortunate reality more evident than at the pump. On June 14th, 2022, the national average price of a gallon of regular unleaded gas hit $5.01. This figure shattered the once-unimaginable five-dollar barrier and became the highest recorded gas price […]
Read MoreSingle family detached homes are a familiar sight in many suburban neighborhoods across the United States. In fact, it’s the most popular form of housing in America, making up about 62% of the country’s housing stock. This type of housing is even more dominant in places like Alabama. Even in […]
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