- Personal finance expert Suze Orman joins CNN’s Erin Burnett to discuss real estate, including whether she thinks it’s better to buy or rent.
- "If you can afford to buy, you always buy," says Suze Orman.
- For the sixth consecutive meeting, Federal Reserve officials said they would hold rates steady after higher-than-expected inflation data.
- That’s pushing mortgage rates higher, leaving large swaths of the property market in suspended animation. Still, experts say there is money to be made in real estate, and I’ve got the scoop on how to do just that.
- Some economists say metro Atlanta homes are overpriced, and a correction could be coming.
- Josh Pitre has sold homes in Atlanta for 16 years, and the news has him raising an eyebrow. His experience on the ground has him believing prices will continue to rise, but he has seen some downward trends outside the beltline in North Georgia.
What Are Today's Mortgage Rates?
- The average APR for the benchmark 30-year fixed-rate mortgage fell to 7.68% today from 7.75% yesterday. This time last week, the 30-year fixed APR was 7.68%.
- Currently, the average 30-year, fixed-rate mortgage is 7.22% as of May 2, according to Freddie Mac.
- A groovy Mid-Century Modern beach house that both Steve McQueen and Dolly Parton once called home in the upscale Californian coastal community of Malibu sold last week for $9.5 million.
- The property was built in 1969 by noted architecture firm Buff & Hensman, whose co-founders Conrad Buff and Donald Hensman left a legacy of modernist homes built during the postwar housing boom in Southern California.
I am hosting an OPEN HOUSE in Woodstock tomorrow, May 4. This property is in the heart of Woodstock's coveted Eagle Watch community!
When you are ready to BUY or SELL, I will be here to help you. Contact me because you have a life outside of real estate...and this is my Full-Time job!
Call/Text: 470-531-4349 | Email: [email protected]
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