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Homeownership has long embodied the American dream. But for many, it isn’t the most affordable option these days. Or the one that ultimately makes the most financial sense.Brass tacks: In most of the country, it remains cheaper to rent than to buy the same square footage. But, of course, renters are at the mercy of

The Federal Reserve raised a key short-term interest rate Wednesday by one-quarter of a percentage point in its quest to stifle inflation. The action might not have much of an effect on mortgage rates in the short term — but it could help to push them lower in the long term. The overnight federal funds

What is a foreclosure? When a homeowner doesn't pay their mortgage for an extended period of time, a lender will take possession of the home—which means the current owner must move out.Foreclosure is a scary word and it's become a real concern for homeowners as the economy continues to fluctuate. According to CoreLogic, the foreclosure

An eclectic Pittsburgh home has landed on the market again, and its wild design has already caused quite the social-media buzz.At first glance, the 1,475-square-foot brick home looks like an average abode. But the trippy interior tells a different tale. "When you walk in the front door, it seems like it's a ranch-style house; but the previous

What constitutes a mansion, anyway? Is it square footage? Price? Luxury facilities? All three put together in some sort of swanky combo?For our purposes, size matters. We found five luxury homes, all measuring more than 7,000 square feet. And prices matter, too—budget prices. Can you believe all these giant, fancy pads cost less than $1

California coastal designer Christina Hall has a new pair of shoes to fill (or boots, to be specific) now that she's bought a house in Nashville, TN. Hall is busy creating a country-chic lifestyle for herself and her clients, on her spinoff series "Christina in the Country."In the episode, "Tennessee Transplants," she helps fellow Nashville

Mortgage rates could decline in February as the Federal Reserve writes the next chapters of its inflation-busting campaign. The 30-year fixed-rate mortgage hit its January peak in the first week of the year and fell thereafter. It's too early to conclude that the 30-year mortgage has already reached its 2023 zenith, but it's quite possible.

Do ice hockey and horseback riding really go together? They do if you're Bobby Holik.The former National Hockey League center has slashed the price on his mountain home and horse barn in Jackson, WY, from $22 million to $17,750,000. Holik is best known for his years with the New Jersey Devils. The home was originally listed

Mortgage rates are down again this week, which means things are looking up for homebuyers.The average rate for a 30-year fixed-rate mortgage ticked down 2 basis points to 6.13%, according to Freddie Mac, continuing a pattern of rates seesawing lower since topping 7% in the fall. In fact, mortgage rates are at their lowest levels