While the Federal Reserve doesn’t directly set mortgage rates, it influences them by making changes to the federal funds rate, the interest rate that banks charge each other for short-term loans. The Fed’s decisions alter the price of credit, which has a domino effect on mortgage rates and the broader housing market.  “When the Fed […]

The City of Mount Vernon and the Mount Vernon Chamber of Commerce continue their free community Summer Concert Series this Thursday from 6pm to 8pm. This week’s featured band: Chris Eger and the Powerhouse Horns. Very few musicians are said to be extraordinary examples of excellence in any one genre of music. Even fewer can […]

Homeownership comes with its surprises — a flooded basement, a busted furnace or a fence damaged by a fallen tree. And when surprises strike, the first question often is: Will my home insurance cover it? But recently the cost of home insurance itself has shocked Washington homeowners.   With some seeing their premiums increase as much […]

The City of Mount Vernon and the Mount Vernon Chamber of Commerce continue their free community Summer Concert Series this Thursday from 6pm to 8pm. This week’s featured band: Pension King and the Dependents. Pension King and the Dependents is a recently formed band made up of four former and current Rockfish staff members: Steve Johnson, a […]

The City of Mount Vernon and the Mount Vernon Chamber of Commerce continue their free community Summer Concert Series this Thursday from 6pm to 8pm. This week’s featured band: The Naughty Blokes. The Naughty Blokes are an all-ages rock-n-roll dance band. They play “Original yet Familiar” tunes and draw from a blend of English Pop […]

Monthly housing payments have dropped to their lowest level in four months, but homebuyers and sellers aren’t yet reacting. In addition to pending home sales falling, new listings posted their smallest increase in three months.  The median U.S. monthly housing payment was $2,667 during the four weeks ending July 28, its lowest level since March. […]

The City of Mount Vernon and the Mount Vernon Chamber of Commerce continue their free community Summer Concert Series this Thursday from 6pm to 8pm. This week’s featured band: Eden.

Millions of renter households in 2022 would have been able to buy a house that year, according to Zillow, which is based on estimates from the American Community Survey by the U.S. Census Bureau. In 2022, 39% of the 134 million families residing in the U.S. did not own the home they lived in, according […]

One in every 5,071 properties across the United States had a foreclosure filing in June, according to ATTOM’s midyear foreclosure market report. The report revealed a total of 177,431 properties with foreclosure filings, including default notices, scheduled auctions, or bank repossessions, in the first six months of 2024. This number was down 4.4% from the […]

The City of Mount Vernon and the Mount Vernon Chamber of Commerce continue their free community Summer Concert Series this Thursday from 6pm to 8pm. This week’s featured band: The Walrus. The band’s vocally rich and intricate arrangements include songs by the Beatles, Queen, the Jackson 5, the B-52s, Led Zeppelin, Pink Floyd, Tom Petty, […]