Housing affordability declined in the second quarter of 2026 as higher mortgage rates, rising construction costs and economic uncertainty weighed on the market. According to the latest data from the National Association of Home Builders (NAHB)/Wells Fargo Cost of Housing …
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Federal Reserve Cuts Interest Rates for First Time in 4 Years
The Federal Reserve cut interest rates by half a percentage point on Wednesday, in the hopes it will ease inflation, lowering interest rates to the 4.75% to 5% range. Lawmakers on the committee have gained confidence that inflation is moving …
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