This is a US news story, published by Yahoo Finance (Canada), that relates primarily to Daryl Fairweather news.
For more US news, you can click here:
more US newsFor more Daryl Fairweather news, you can click here:
more Daryl Fairweather newsFor more interest rates news, you can click here:
more interest rates newsFor more news from Yahoo Finance (Canada), you can click here:
more news from Yahoo Finance (Canada)Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about interest rates, you might also like this article about
mortgage rates. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest housing market news, mortgage news, news about interest rates, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
typical home buyerYahoo Finance (Canada)
•70% Informative
Redfin chief economist Daryl Fairweather joins Wealth! to break down the state of the housing market and its outlook as the Federal Reserve kicks off its rate easing cycle.
As mortgage rates have fallen, she notes that the average homebuyer in the US will end up paying $ 400 less on their mortgage.
On the West Coast , homebuyers are saving about $1,000 .
But the thing is that rents are likely gonna keep going up, home prices will keep going up. So if you don't lock in with that home price, now, you may have paying a lot more later, but it's a hard trade off if you're gonna be moving a lot, like moving with the next five years , I would say keep, keep renting. But if you're ready to settle down, I think owning a home is going to be more, uh, better for you financially in the long run..
VR Score
68
Informative language
63
Neutral language
62
Article tone
informal
Language
English
Language complexity
23
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
1
Source diversity
1
Affiliate links
no affiliate links