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- 1Powerwall 3 helps California homeowner beat PG&E peak ratesβCalifornia homeowner couldn't install solar, then a Powerwall 3 took on PG&E's peak rates
A California homeowner who was unable to install solar panels has turned to Tesla's Powerwall 3 battery instead, using stored electricity to avoid PG&E's expensive peak-hour rates. The story is being highlighted as an example of how home batteries alone can cut bills in areas with high utility pricing, drawing attention to energy storage as an alternative when rooftop solar is not an option.
- 2Mortgage Rates Hit 7%, Raising Housing Market QuestionsβMortgage Rates Hit 7%: Whatβs Next for the Housing Market? | WSJ News
US mortgage rates have climbed to 7%, according to Wall Street Journal coverage examining what the increase means for homebuyers and the broader housing market. Higher borrowing costs are expected to strain affordability, cool demand, and keep pressure on both buyers and sellers as the market adjusts to the new rate environment.
- 3US mortgage rates climb back above 7%βMortgage rates break past 7% as bond yields surge, deepening U.S. housing gridlock
Average U.S. mortgage rates have risen past 7% as a surge in bond yields pushes borrowing costs higher. The jump worsens an already frozen housing market, where high rates discourage both buyers from purchasing and existing homeowners from selling and giving up lower locked-in loans. Economists warn the gridlock could persist until yields ease, keeping home affordability near its worst levels in decades.
- 4Mortgage Rates Hit 7%, Deepening the Lock-In EffectβAs Mortgage Rates Hit 7%, the Lock-In Effect Gets Stronger
US mortgage rates have reached 7%, strengthening the lock-in effect in which homeowners with cheaper existing loans refuse to sell and take on new, higher-rate mortgages. The result is fewer homes on the market, constrained supply, and persistent affordability pressure for buyers, a dynamic economists and housing analysts say is becoming more entrenched as rates stay elevated.
- 5Mortgage Rates Top 7% as Housing Market Questions GrowβMortgage Rates Exceed 7%. Where Will the Housing Market Go?
US mortgage rates have climbed above 7%, a threshold not seen in years, leaving buyers facing significantly higher monthly payments and sellers facing reduced demand. Commentators are debating whether the housing market will cool further, see prices fall, or remain tight because of low housing supply and homeowners locked into lower rates.
- 6
News.com.au reports that plunging house prices, widely viewed as bad news for homeowners, may carry a benefit. The piece argues the downturn could improve affordability for buyers locked out of the market during the boom, offering a rare upside to the property slump at a time when rising interest rates are pushing values down in several countries.
- 7Mortgage Rates Rise for a Third Straight DayβTodayβs Mortgage Rates, Sept. 26: Rates Rise for a Third Straight Day Affecting Borrowers
US mortgage rates increased for a third consecutive day on September 26, adding pressure on borrowers. The continued climb makes home purchases and refinancing more expensive, and prospective buyers and homeowners are watching closely for signs of where rates will settle.
- 8
Mortgage rates have climbed to around 7%, putting fresh pressure on the Coachella Valley housing market in Southern California. Higher borrowing costs are squeezing affordability for buyers and may be cooling sales activity in the desert region. Local coverage highlights how rate increases are reshaping conditions for both homeowners and prospective purchasers.
- 9Maryland local governments seek more taxing power amid housing costsβSUN: Why local governments seek more taxing power as Maryland homes become too costly
The Baltimore Sun reports that local governments in Maryland are pushing for greater taxing authority as home prices climb beyond the reach of many residents. Rising property values have strained household budgets while reshaping how counties fund services, prompting debate over whether expanding local tax powers would ease affordability pressures or deepen the burden on homeowners already struggling with costs.
- 10Homeowners face hidden insurance coverage gapsβMany homeowners have a big insurance coverage gap β and don't even know it
Many homeowners are underinsured and do not realize it, according to CNBC reporting. Coverage often falls short of rebuilding costs because home values and construction expenses have risen faster than policies have been updated. The report urges homeowners to review their policies, check replacement-cost limits and consider inflation or building-code riders before disaster strikes.
- 11Homeowner Caught Above Medicaid Asset Limit by $8,000βHis Mortgage-Free House Appraised at $760,000, Just $8,000 Over Medicaidβs Line. Nursing Home Coverage Waited Until He Borrowed Against It
A homeowner with a fully paid-off house appraised at $760,000 found himself just $8,000 over Medicaid's asset limit, leaving him ineligible for nursing home coverage. He reportedly had to borrow against the property to qualify for assistance. The case is drawing attention to how strict asset tests can force elderly homeowners into debt before receiving long-term care benefits.
- 12Storm-hit Wyandotte County neighborhood learns of BPU savings dealβStorm-damaged Wyandotte County neighborhood learns of BPU savings deal a month later
Residents of a storm-damaged neighborhood in Wyandotte County, Kansas, learned a month after the fact about a savings arrangement with the Board of Public Utilities that could reduce their bills. The delay in notifying affected homeowners has drawn attention to how utility assistance and storm recovery information is being communicated in the area.