Half-Built Hobbit House in Michigan Needs a Well-Funded Frodo Fan To ‘Finish the Dream’
Realtor.comA whimsical lake house in Northern Michigan—of the untapped-potential variety—recently got a major price cut.Listed for $5 million last year, the unfinished hobbit-style home in Rapid City, MI, is now available for $3 million. Even after the price reduction, it’s still the most expensive
Mortgage Rates Rise for Third Week Straight—but That’s Not the Worst News
Realtor.com / Getty ImagesMortgage rates rose for the third week in a row, dashing homebuyers’ hopes that real estate might become a bit more affordable near summer’s end.Interest rates for a 30-year fixed-rate mortgage averaged 6.96% for the week ending Aug. 10, according to Freddie Mac. That’s up
GAO Suggests Housing Trust Funds Changes
How well does HUD oversee the nation’s Housing Trust Funds, which flow to states for affordable housing? The Fed’s oversight group suggests five changes.
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