The Federal Reserve's aggressive interest rate cuts may be helping homeowners: Rates on 30-year mortgages dropped below 6% for the first time in more than a month. These lower rates could mean more new neighbors. (Make them feel welcome—on a budget. Here are ten of the best housewarming gifts under $50:
Jonathan Adler Wastebasket - $45
A new place can never have too many wastebaskets, but sometimes hanging grocery bags on door handles is easier than buying one for every room. Jonathan Adler’s lacquered version comes in four bold colors and the mod style works just as easily in a bathroom as it does under a desk.
Tobias Wong’s Sun or Moon Jar - $44
This eco-friendly lamp uses a solar cell, rechargeable battery, and LEDs to provide solar powered lighting at night. It turns on automatically at the end of the day and emits a golden yellow or ethereal turquoise glow so that you can always leave one light on guilt free.
Anyone can handle a Betta or “Siamese Fighting” fish; they don’t even require an air pump. Colors range from neutral to psychedelic, so they’ll bring any room together. Just be sure not to put two in the same bowl because they’ve been known to fight to the death.
Adhesive Numbers Metal Wall Clock - $39.95
If you haven’t seen your friend’s new place yet, check out this adhesive clock with free-floating numbers and notches that match any décor. The quartz movement seems to run by as if by magic and the design strikes the perfect balance between traditional and contemporary.
Thomas Paul Throw Pillow - $40
Decorative pillows are the ultimate example of a small touch that can have major impact. The bold graphics of Paul Thomas’s vintage-inspired version will assert the gift giver’s good taste and inspire the recipient to decorate around it. It adds comfort, not to mention style, to any seat.