The Fed raised the federal-funds rate. How will that affect the housing market?
Author: Swapna Venugopal Ramaswamy, USA TODAY
The Daily Money: Was the First Republic Bank another victim of the Fed rate hikes?
As in the case of Silicon Valley Bank and Signature Bank failure in March, failure of the First Republic Bank is being blamed on interest rate hikes.
Rising home prices, elevated mortgage rates: Why the spring housing market hasn’t bloomed.
Pending home sales decreased in March for the first time since November 2022, according to the National Association of Realtors.
More ‘Golden Girls’ than ‘Friends’: Can home sharing be the answer to America’s housing affordability crisis? These housemates think so.
The arrangement’s popularity is fueled by rising rents and the increasing carrying costs of owning a home.
Renting a room in your home? Consider these things before opening up your doors
The key to a successful home sharing arrangement is compatibility, so taking personal inventory and listing out what you want is important.
The Daily Money: U.S. wage growth is easing overall; bed frames and Swedish meatballs at eight new locations
The pullback is mostly affecting sectors that have struggled because of the Federal Reserve’s sharp interest rate hikes the past year.
The Daily Money: BuzzFeed shuts down news division, lays off 15% of staff
BuzzFeed News, the Pulitzer Prize-winning news website known for popularizing listicles, is shutting down.
The Daily Money: At mega-contractors like Raytheon, Moderna and Lockheed, diversity remains a challenge
People of color were underrepresented among executives at these corporations compared with the rest of their workforce, the analysis showed.
Why it pays to buy a house: Homeowners became 40 times wealthier than renters in the past decade
In the top 10 areas with the highest homeownership rates for middle-income households, owners gained $110,000 in wealth on average in the last decade.
The Daily Money: Tax Day is here; homeownership as a vehicle to build wealth and more
Middle-income homeowners accumulated more than $120,000 in wealth in the past decade