Home buyers had another chance to snag lower rates this week. The 30-year fixed-rate mortgage averaged 2.98%, Freddie Mac reports. “Economic growth remains steady and is bolstering more segments of the economy,” says Sam Khater, Freddie Mac’s chief economist. “Although low and stable mortgage rates have kept the housing market booming over recent months, a […]

  Backstory: A couple put an offer in on a brand-new home in a prestigious new community. As with many new developments, the clients were offered incentives to use the developer’s lender. The clients were looking to purchase the $1.3 million property with 10 percent down, and the lender preapproved the borrowers. But after two […]

The Round House Cafe will reopen later this summer or early fall as an Equator Coffees shop In March 2020, the circular red restaurant at the southeastern end of the Golden Gate Bridge known as the Round House Cafe shuttered. The Golden Gate National Parks Conservancy, which operated the cafe, announced the closure just before […]

The typical home sold for its highest price on record, at its fastest pace on record, and for 2.3% above list price, the largest sale price premium on record. The housing market continues to cool as mortgage rates tick up above 3% for the first time in 10 weeks. The Redfin Homebuyer Demand Index—a measure […]