The 30-Year Mortgage Rate Has Surpassed 7%, but Some Buyers Are Only Paying 6%. Here’s How They Do It.

Visions of America/Joseph Sohm/Universal Images Group via Getty ImagesMortgage rates have surged to 20-year highs of more than 7%, and are poised to rise even further. But buyers of new homes aren’t necessarily feeling the pinch.Higher mortgage rates add hundreds of dollars in extra borrowing costs

NBA Legend Dikembe Mutombo Takes a Big Loss on Sale of NYC Apartment

Clicks Images/Getty Images / Realtor.comBasketball Hall of Famer Dikembe Mutombo just sold his condo in New York City. But after waiting much of the year for a buyer, he probably didn’t get quite the win he wanted.In February, the three-bedroom unit landed on the market for $4 million. Mutombo whitt

An Up-Close and Uncomfortable Look at the Housing Market’s ‘Inventory Crunch’

Getty ImagesIf this summer’s home shopping season seemed quieter than usual, you can blame it on soaring mortgage rates, which exceeded the dreaded 7% threshold in mid-August and are currently hovering at their highest point in two decades.These rates have paralyzed both homebuyers and sellers and l

A $68M Colorado Ranch on 244 Acres Is the Week’s Most Expensive Home

Realtor.comA 244-acre legacy compound in Woody Creek, CO, listed for $68 million is this week’s most expensive home on Realtor.com®.Located near a national forest, the sprawling property has numerous homes that could be used as a family compound or turned into a rental opportunity. The residences ar