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The 28% rule suggests spending no more than 28% of gross income on a mortgage. FHA allows up to 31% of gross income for mortgage payments, offering more flexibility.

Recent years have seen high mortgage rates and elevated home prices, making buying a home difficult.Cooling inflation has lowered mortgage rates to a 15-month low, offering new opportunities for homebuyers.

Rates remain high but may fall soon, making refinancing potentially beneficial for recent borrowers. Verify sufficient home equity (typically 15-20%) before considering refinancing your home equity loan.

Building a luxury home creates a personalized sanctuary with comfort and longevity. Location is crucial: seek exclusivity, tranquility, and easy access to amenities for your luxury home.

Home prices to rise slightly, 1-2% above inflation. Increased affordability from rising real incomes.

Homeowner spending on upgrades is set to rise through early 2025. Annual spending on home maintenance and improvements will exceed $466B through Q2 2025.

Bank of America predicts interest rate cuts will start in December, despite investor expectations for September.Fed Chair Jerome Powell's decisions will depend on both inflation rates and economic conditions.

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.

Assess building type and market trends before investing in commercial Real Estate. E-commerce growth increases demand for industrial warehouses and multi-family apartments.