Homeownership is a daunting but desirable goal for many young Americans, yet many struggle to afford housing. In a survey from Redfin earlier this fall, 40% of millennials and Gen Z renters stopped dining out so they could afford their rent. The 30-year fixed-rate mortgage (FRM) has remained steady for weeks, and currently sits at…
Mortgage rates are falling, which could be a step closer to affordable homeownership for many buyers, especially those in high-cost areas, according to online loan marketplace LendingTree. Nationally, the average rate on a 30-year fixed mortgage was 6.68% in July this year, a drop from July 2024’s 7.19%. The average calculated monthly payment across the…
Maine Listings, one of the nation’s oldest statewide MLS organizations, has announced the launch of a new brand identity and the unveiling of a new logo and visual direction that is intended to reflect its mission as a customer-centric, accessible and effective multiple listing service. The organization, which serves 6,800 real estate professionals statewide, says…
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