A year ago, the housing market was on a roll. Sales of existing homes rose 7% in September from the prior month, reaching an annual pace of 6.29 million.
Across the U.S., families are looking to the winter with dread as energy costs soar and fuel supplies tighten. The Department of Energy is projecting sharp price increases for home heating compared with last winter and some worry whether heating assistance programs will be able to make up the difference for struggling families.
Average long-term U.S. mortgage rates inched up this week ahead of another expected rate increase by the Federal Reserve when it meets early next month.
A Centers for Disease Control and Prevention advisory committee on Thursday voted that the agency should update its recommended immunization schedules to add the COVID-19 vaccine, including to the schedule for children.
In California, where housing prices are driving low-income people out of the state, mobile home parks remain some of the last oases of affordable housing.