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The smoke from a fire in a forest area approaches houses at the Cacau Pirera District in Iranduba, Amazonas state, Brazil on September 25, 2023. The Government of Amazonas declared a State of Environmental Emergency on September 12 due to the high number of fires and a strong drought in the rivers, affecting navigation and food distribution to the interior of the state. (Photo by Michael DANTAS / AFP) (Photo by MICHAEL DANTAS/AFP via Getty Images)

Soaring Interest Rates Crushing Home Sale Agreements

New data from Redfin has revealed that more than 16% of home-purchase agreements were canceled in September 2023. This is the highest number since October 2022.

Video still from Chris Markowski's interview with In Focus on One America News Network

The Problems of Working from Home

with Chris Markowski

AN ANSELMO, CALIFORNIA - MARCH 22: A for sale sign is posted in front of a home on March 22, 2023 in San Anselmo, California. Pre-existing home sale prices in the U.S. dropped for the first time in 11 years. The national average price of an existing-home fell 0.2% in February to $363,000. (Photo by Justin Sullivan/Getty Images)

One-on-one with Rena Kliot, broker and founder of Pulse International Realty

Biden’s new federal housing rule mandates that home buyers with good credit scores pay higher mortgage rates and higher fees to subsidize home buyers with riskier credit ratings and lower down payments, giving the latter group better mortgage rates and lower fees.