‘American Dream Home’: Couple searches for beach house in Galveston, Texas
Cheryl Casone assists Donna and Barry in finding their dream home for their family by the beach in Galveston, Texas.
This week on "American Dream Home," we once again headed back to the Gulf Coast of Texas — and the city of Galveston.
"American Dream Home" has visited this coastal city twice before.
We go back to this location because what you get for your money here continues to be a source of strength for homebuyers desperate to stay within their affordability metrics.
This becomes even more important as we saw interest rates rise once again this week.
FED HIKES INTEREST RATES BY 75 BASIS POINTS FOR FOURTH STRAIGHT MEETING
The Federal Reserve, as expected, hiked the overnight lending rate by 75 basis points.
This affects everything we use in this country, from our credit cards to our mortgage loans and our automobile loans.