Average Long-Term U.S. Mortgage Rate Fell to 7.12%
However, the 30-year fixed-rate mortgage remains near the 22-year high it hit three weeks ago. Last week, it was 7.18%.
Insurance Issues Could Pose Long-Term Problems
After Idalia, Fitch Ratings warns about long-term effects of property-insurance problems in Fla. and California, citing rising costs and reduced availability.
Young, Rich Professionals Have Ditched N.Y., Calif.
An analysis of 2021 tax data shows even high-earning millennials are increasingly attracted to low-cost locales. Where are they going? Florida tops the list.
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