Here’s when it makes sense to buy vs. rent
Owning isn’t always what it’s cracked up to be. For many reasons — including affordability — more Americans are choosing to rent everything from cars and apartments to clothing and …
Mortgages
Home prices hit record high in June on S&P Case-Shiller Index
A recent CreditNews Research study ranked the slowest-selling metro areas in the U.S. The Good Brigade | Digitalvision | Getty Images Even as mortgage interest rates were rising, home prices …
July home sales break 4-month losing streak as supply rises nearly 20%
Closed sales of previously owned homes rose 1.3% in July compared with June to a seasonally adjusted, annualized rate of 3.95 million units, according to the National Association of Realtors. …
The case for a 40-year mortgage
Homeownership has long symbolized the American Dream, embodying stability, wealth creation, and community investment. Yet, for millions of Americans, especially younger generations and first-time homebuyers, that dream is slipping away. …
Brits snap up lower mortgages as BOE cut boosts market
Richard Newstead | Moment | Getty Images LONDON — Britain’s biggest high street lenders are continuing to slash borrowing costs after the Bank of England’s first interest rate cut in four years …
Mortgage refinancing surges 35% in one week, as interest rates hit lowest level in over a year
New houses are seen for sale at Woodland Village, built by Lifestyle Homes housing developer, in Cold Springs, Nevada. Andri Tambunan | AFP | Getty Images It appears to have …
This startup will sell methane-eating microbes to Whole Foods
Much energy and effort is spent on reducing carbon emissions in the fight against global warming, but methane, while less abundant, is more destructive to the planet. It is far …
Weekly mortgage refinance demand soars 16% as rates sink to lowest level in over a year
An aerial view shows a subdivision that has replaced the once rural landscape in Hawthorn Woods, Illinois. Scott Olson | Getty Images Mortgage interest rates dropped last week to the …
Markets fall with Japan stocks in bear territory; Berkshire’s cash hoard at record high
Traders work on the floor of the New York Stock Exchange during afternoon trading on August 02, 2024 in New York City. Michael M. Santiago | Getty Images This report …
Nasdaq in correction territory; Berkshire’s cash holdings reach record high
Traders work on the floor of the New York Stock Exchange during afternoon trading on August 02, 2024 in New York City. Michael M. Santiago | Getty Images This report …