• Heavenly Home: Former Gothic Church on Lake Michigan’s North Shore Is Listed for $1.4M,Larissa Runkle

    Heavenly Home: Former Gothic Church on Lake Michigan’s North Shore Is Listed for $1.4M

    Realtor.comAlthough the outside still says “church,” the inside of 539 N Mayflower Road is a fully renovated, Gothic-style home that still shines with Gilded Age charm.The property was first listed in February for $1,499,000 and made a market encore in early August for ​​$1,399,000.Set along Lake Mi

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  • Mortgage Rates Finally Drop—but Is It Enough To Revive the Fall Housing Market?,Margaret Heidenry

    Mortgage Rates Finally Drop—but Is It Enough To Revive the Fall Housing Market?

    Getty ImagesAfter rising for an alarming five weeks straight, mortgage rates have at long last cooled a bit.For the week ending Aug. 31, rates for 30-year fixed-rate loans averaged 7.18%, according to Freddie Mac. That’s a welcome drop from last week’s 22-year high of 7.23%, but rates are still form

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  • Housing Affordability Is Now at Its Worst Level Since 1984, Black Knight Says,Aarthi Swaminathan

    Housing Affordability Is Now at Its Worst Level Since 1984, Black Knight Says

    Anne Cusack/Los Angeles Times via Getty ImagesThe housing market has no mercy for the typical home buyer.With home prices at a record high and mortgage rates over 7%, housing affordability has fallen sharply to the lowest level since 1984, mortgage-data company Black Knight said Thursday. But a lack

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