Richie Buys House

06/05/2026

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With mortgage rates stuck above 6% and unlikely to fall soon, housing experts say buyers who can afford to act should do so now, while sellers are still willing to negotiate, before rate drops trigger more competition.

06/04/2026

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Nationally, affordable metros have dropped 40% over the past decade, from 354 in 2014 to 212 in 2025, according to real estate analytics firm Cotality. Ultra-affordable markets nearly disappeared, with only four remaining in 2025, down from 41.

Ten metros now stand out for the lowest total housing costs, including mortgage, taxes, insurance, and PMI:

1. Johnstown, PA
2. Weirton, WV
3. Gadsden, AL
4. Wheeling, WV
5. Decatur, IL
6. Bay City, MI
7. Enid, OK
8. Altoona, PA
9. Springfield, IL
10. Beckley, WV

06/03/2026

You can visit our website and you may call me, to have a FREE consultation ...
Richard (Onyx) Morency
Senior Loan Officer
NMLS # 1987012
P: (401) 329 9904
F: 1-800-689-7065
E: [email protected]

06/02/2026

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Mortgage rates hit a new nine-month high this week, with the 30-year fixed rate rising to 6.53% for the week ending May 28, according to Freddie Mac. Rates have climbed 55 basis points since hitting a multi-year low of 5.98% in late February, as the Iran conflict drives oil prices and inflation expectations higher.

06/01/2026

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New York City Mayor Zohran Mamdani released a $22 billion, five-year housing plan this week that sets the most ambitious affordable housing targets in the city's modern history. The plan would build 200,000 new affordable homes and preserve 200,000 more over the next decade. For homeowners, one of the most practical proposals is legalizing basement apartments citywide, giving owners a new path to create rental income from space they already have.

05/29/2026

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Several Italian towns are selling abandoned homes for $1 in an effort to reverse declining populations and revive local economies, and American interest has surged since the 2024 presidential election. Towns in Sicily, Sardinia, Umbria, and Tuscany are among those offering properties, with buyers required to commit to renovating within three years.

05/28/2026

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More couples are keeping their finances separate, with 42% merging accounts and 20% keeping money entirely apart, according to Fidelity's 2026 survey. Gen Z and millennials are driving the trend. Separate finances don't disqualify couples from getting a mortgage together, but they do require more paperwork, including bank statements from each account and documentation for any gifted down payment funds.

05/26/2026

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Think new homes cost more? A new report says buyers could actually save more than $25K over 10 years. Here's why 👉️ bit.ly/4nHNmp2

05/25/2026

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Homeownership may still be possible – just in different cities. A new study reveals the most affordable U.S. housing markets in 2026. LIST ⬇️