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Home affordability is up — by a smidge

by Mitchell Hartman
Aug 25, 2022
The Mortgage Bankers Association reports the average monthly payment on a new mortgage in July was $1,844, down $49 from June, as mortgage rates and loan amounts edged lower.
So home affordability — a ratio of average income to average monthly mortgage payment — has improved slightly in recent months.
Justin Sullivan/Getty Images
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3 ways to stay organized without breaking the bank

by Eliza Mills
Nov 10, 2017
Remodelista's Julie Carlson talks organized living.
Photo courtesy of Remodelista
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Testing a home that gets to know your habits

by Marketplace Contributor
Aug 15, 2016
Control your house through a smartphone.
Grant Park Village in Portland, a pilot apartment complex of IOTAS. 
Courtesy IOTAS
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High rents are keeping young adults home with parents

by Marketplace Contributor
Jul 29, 2016
With sky-high rents, how do young adults save enough to leave home? Most don’t.
Rows of homes line a street in a housing development in Oakland, California.
Justin Sullivan/Getty Images
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Google wants to get into your home — again

by Kai Ryssdal
May 18, 2016
The company unveiled Google Home to compete with Amazon's Echo.
A still from Google's demo video for Google Home.
Screenshot via Google
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Increase in home renovation plans suggests people unwilling to move

by Nancy Marshall-Genzer
Apr 5, 2016
People gave up on the idea of a big, fancy house after the housing crisis, according to one economist.
Many U.S. homeowners are looking to spruce up their homes.
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U.S. 30-year fixed-rate mortgage an 'outlier'

by Mitchell Hartman
Oct 14, 2015
In other developed economies, the stable, fixed-rate mortgage is nowhere to be found.
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Young buyers want to live in the 'burbs

by Mitchell Hartman
Sep 29, 2015
Faced with soaring prices in the hottest urban markets, young would-be homebuyers will likely flock to the suburbs.
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'Life-changing magic' of uncluttering your finances

by David Lazarus
Aug 7, 2015
Marie Kondo's philosophy on cleaning your house can work for your checkbook, too.
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Kitchen appliances are back in fashion

by Gigi Douban
May 8, 2015
A growing interest in cooking has given small appliances a comeback.
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