Golden Blog

September 19, 2024The Federal Reserve said Wednesday it was lowering its key interest rate by half a percentage point, an unusually aggressive move designed to cushion the economy from a further slowdown.The central bank noted job gains had slowed while inflation had made…

August 8,2024US mortgage rates plummeted this week after weaker-than-expected employment data raised the odds of the Federal Reserve cutting interest rates next month. It’s a big step in the right direction for America’s notoriously unaffordable housing market.The…

June 11,2024Cracks in the walls can reveal a lot about a home’s health. These imperfections are a natural result of everyday use, but sometimes they can be a sign of something more serious.The timing and severity of certain cracks may depend on factors like a home’s…

Housing starts in April bounced back slightly after a large decline in the previous month. The latest monthly gain of 5.7%, following a 17% fall in March, was led by more activity in the South region. The total annualized rate of 1.36 million is insufficient overall. The…

Energy-Efficient UpgradesHomeowners can potentially qualify for an Energy Efficiency Home Improvement Credit of up to $3,200 for energy-efficient improvements made after Jan. 1, 2023. The credit for 2024 is 30% of qualified expenses, but it has certain limits depending on…

Millennials surpass baby boomers and become the largest group of home buyers at 38%.

Nearly one out of three Gen Z buyers are single females.

Baby boomers remain the largest generation of home sellers at 45%.

The Federal Reserve held steady on interest rates at the conclusion of its March meeting, and it’s sticking with its forecast for three interest rate cuts. During a news conference Fed Chair Jerome Powell noted that a strong jobs market wouldn’t deter the central bank…

1771In New York, an act was passed that required men to receive consent from their wives if they wished to sell a piece of property that the woman brought into the marriage. The act also required a judge to meet with the woman privately to ensure that the signature was not…

After crunching the latest data from Thumbtack, a home services website, design expert Morgan Olsen chimes in with her picks for the “ins” and “outs” of the new year.IN: Smarter homesEngineering and technical design services have jumped 105% year over year as more…

The Federal Reserve formally shifted its interest-rate outlook, providing flexibility to lower rates in the coming months if it is convinced inflation hazards have receded.As expected, the central bank left its benchmark federal-funds rate in a range between 5.25% and 5.5%…

WASHINGTON (January 26, 2024) – Pending home sales in December elevated 8.3%, according to the National Association of REALTORS®. The Midwest, South and West posted monthly gains in transactions while the Northeast recorded a loss. The Midwest, South and West also…

December 14,2023For the first time since August, interest rates for a 30-year fixed mortgage have dropped below 7%, hitting 6.95% this week. This brings the monthly mortgage payment for a home priced at $400,000 to $2,118. This is down from a recent high this Autumn of…