Homeowners Complaining About ‘Ugly’ 5G Boxes in Yards
A nationwide 5G network will create super-fast internet connections, but to deliver it, companies install boxes the size of a chest freezer in front of some homes.
How Would the Proposed $15K First-Time Buyer Tax Credit Work?
Pres. Biden campaigned on a new $15K credit to help first-time buyers. It doesn’t exist yet, but lawmakers will probably consider it eventually. If passed, it would likely work like the credit from 2008-2010, with a heavy spike in demand followed by a drop-off after the program ends.
Federal Reserve Meets – Interest Rates Unchanged
Chairman Powell said the U.S. is “a long way from full recovery,” and the Fed will keep pursuing low-interest rate policies until an economic rebound is well under way.
Dec. New Home Sales Rise After Sharp Nov. Drop
New-home sales in the U.S. rose 1.6% last month following a Nov. drop that was worse than originally reported – a decline of 12.6% compared to Oct.
Mortgage Rates Move Lower, Down to 2.73%
The average 30-year, fixed-rate mortgage dropped from last week’s 2.77%. A Freddie Mac economist attributes it to a new administration and COVID-19 “malaise.”
Fastest Down Payment Plan? Move in with Mom and Dad
Study: Assuming 5% down, adults in two Fla. metros could save enough in one year to buy a house if they A) move back home, and B) save all the unneeded rent money.