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Interest Rates Just Went Up Again. Here’s Why That May Change Soon.
Key takeaways: In late March, the Federal Reserve hiked interest rates, the ninth time it has raised borrowing costs since early 2022. But those rate increases may soon end, and there’s a strong possibility the Fed may start to cut rates instead. Here’s a closer look at what’s going on. Since the start of the year, […]
Will There Be a Recession This Year?
Key takeaways If you have no idea what’s going on in the economy, you’re not alone. The “experts” whose job it is to forecast economic trends are also uncertain. In one recent survey, for example, the well-regarded National Association of Business Economists (NABE) said its members hold “a variety of opinions on the fate of the economy […]
The Fed Just Hiked Rates Again. Here’s Why It’s Different This Time.
Key takeaways: When the Federal Reserve (Fed) concluded its first meeting of 2023 on Feb. 1, it also announced another interest rate increase — the eighth since early 2022. You’re probably aware that finance professionals, as well as many ordinary Americans, don’t like rate hikes. Higher borrowing costs make things more expensive, which is why […]
What’s Ahead for the Housing Market?
Key takeaways “It’s hard to make predictions, especially about the future,” Yogi Berra once said. In fact, it may feel impossible to make big financial decisions when so many factors are constantly in flux, from interest rates to inflation. With that in mind, we’ve rounded up several housing market forecasts to help you plan the […]
What Is the Fed Doing, and Why Should I Care?
Key takeaways: If you’ve read anything about financial markets or the economy in recent months, you probably know that the Federal Reserve – the central bank of the United States – has been raising interest rates, and it’s causing all kinds of disruptions in everything from mortgages to jobs. But there are a lot of […]
Interest rates just went up again — but here’s the good news
Key takeaways: The Federal Reserve announced Wednesday that it would raise interest rates half a percent, or 50 basis points. It’s the seventh time this year that the Fed has hiked rates, and the central bank is likely not done yet. But even though rate rises make it more expensive to borrow for things like […]
The Myth of the Starter Home
The cost of home ownership has made the starter home developing into “ the stuff of myths,” according to a new survey.
7 Signs You Should Hold on to Your Property
In this volatile and expensive home market, maybe now isn't the right time to sell. These 7 signs will give you clues.
Rising Mortgage Rates: Why 1% Matters So Much
One percent seems like a small number. It's not. See what 1% can do to your monthly mortgage payment.
Why Your Home’s Value is in Danger of Falling
Sharp drops in home prices are very rare. Here’s why it’s happening now.
Checklist Before Selling Your Home
To prepare your home for sale, there are many things you can do to present it best. Here's a checklist.
4 Tips to Reduce the Interest you Pay on a Mortgage
You may be able to reduce mortgage interest by refinancing your home loan. We'll show you how.