Mindblown: a blog about philosophy.

  • 2026-27 Housing Prices: Surge or Slump Ahead?

    2026-27 Housing Prices: Surge or Slump Ahead?

    The housing market is expected to continue rising moderately in 2026, driven by sustained demand and limited supply. Rising home costs will encourage multi-generational living and co-buying, leading to more shared housing arrangements.

  • How to prepare for lower mortgage interest rates, according to experts

    High mortgage interest rates and home prices have made the market unattractive, with 76% of Americans believing it's a bad time to buy. However, anticipated rate cuts from the Federal Reserve could lower mortgage costs. Experts suggest potential buyers consider acting before rates drop, as increased demand may drive prices up. To prepare, buyers should…

  • New Rules Aim to Cut Real Estate Commissions

    New Rules Aim to Cut Real Estate Commissions

    Real Estate commissions in the US have traditionally been 5%-6%, split between buyer and seller agents. New rules effective August 17 aim to increase transparency and allow consumers to negotiate lower commissions.

  • Millennial Money Moves: Top 5 States for Homebuying

    Millennial Money Moves: Top 5 States for Homebuying

    California attracts rich millennials with its vibrant economy, diverse culture, and tech job opportunities. New York is favored for its bustling urban lifestyle, luxury shopping, and strong job market.

  • Shared Equity Mortgage: Meaning, Pros and Cons, FAQs

    A shared equity mortgage allows a borrower and a lender to co-own a property, with the borrower required to occupy it. Upon sale, equity is divided based on contributions, and both parties share any losses. This arrangement is beneficial for homebuyers in high-cost markets, providing access to properties they might not afford alone. It also…

  • Are Homebuyers Gearing up for a Late-Q3 Fed Rate Cut?

    Are Homebuyers Gearing up for a Late-Q3 Fed Rate Cut?

    A cooling labor market and improved inflation outlook raise expectations of a Federal Reserve rate cut in September. The Fed has kept rates at 5.25% to 5.50% due to economic resilience and persistent CPI levels.

  • The case for a 40-year mortgage

    Homeownership, a key aspect of the American Dream, is becoming increasingly unattainable for many, particularly younger generations. A proposed solution is a 40-year mortgage supported by the Federal Home Loan Bank system, coupled with federal subsidies for first-time buyers who complete financial literacy training. This approach aims to lower monthly payments, enhance access to homeownership,…

  • CPI Rate Drop: Housing Market’s Rebound Jolt?

    CPI Rate Drop: Housing Market’s Rebound Jolt?

    July's Consumer Price Index showed a 3% increase, the lowest in over three years, impacting the housing market. The CPI report led to a significant rate drop below 6.90%, the second largest single-day decrease this year.

  • Fannie Mae Lowers Home Sales Forecast

    Fannie Mae's ESR Group has downgraded its home sales and mortgage origination forecasts for 2024-2025, while raising its GDP growth outlook to 1.9%. Home sales are projected at 4.78 million in 2024 and 5.19 million in 2025, with weak demand reflected in low mortgage applications. Purchase mortgage originations are expected to be $1.325 trillion in…

  • How Much Does It Cost to Sell a House in Oklahoma?

    How Much Does It Cost to Sell a House in Oklahoma?

    Selling a home in Oklahoma typically costs 14.70% of the sale price, including REALTOR® fees, closing costs, and staging. The avg REALTOR® commission is 5.95% of the home’s sale price.

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