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Is the housing market back? A surge in mortgage interest rates last year ground the real estate market to an abrupt halt, as scores of would-be buyers could no longer afford to purchase homes. But last month, as mortgage rates...
Mortgage rates have dropped yet again—could this spell an opportunity for homebuyers? The average interest rate for a 30-year fixed-rate home loan fell to 6.09% for the week ending Feb. 2, according to Freddie Mac. That’s down nearly a...
is it possible that a condo with original 1970s decor could be considered move-in ready? It is for one eye-popping pad in Miami with a $529,999 price tag. The home is filled with disco-era design and is ready for its next owner—who may...
With interest rates at their highest in decades, the allure of investing in bonds has returned. With that comes a lesser-known type of risk. It’s called “reinvestment risk.” “The great thing about a bond is that they pay a consistent and...
If you have young grandchildren, take a fresh look at 529 education savings plans. These plans always were good estate planning tools, but changes in recent years make them more attractive ways for grandparents to help grandchildren. You...
Key takeaways Home prices are most likely to hold over the next year according to Goldman Sachs, though they have inflated by 43% since before the pandemic. The Fed’s rate hikes have made borrowing money more expensive, and rates are only...
Mortgage rates surged for the sixth week in a row, moving closer to 7%. The 30-year fixed-rate mortgage averaged 6.70% in the week ending September 29, up from 6.29% the week before, according to Freddie Mac. That’s the highest level...
Queen Elizabeth II was Britain’s longest-serving monarch when she died at the age of 96 on Thursday, acquiring and inspiring a number of other world records during her unprecedented 70-year reign KEY FACTS Elizabeth II, who passed away at...
Mortgage rates are at their highest level since the Great Recession, according to data released by Freddie Mac Thursday, as housing affordability continues to slump. KEY FACTS The 30-year fixed mortgage rate is now 5.89%, according to...
Dubai is not without its share of issues, and an online search will show you that the emirate—and the UAE as a whole—needs to turn many things around. Still, like any place looking to attract tourists, Dubai has deployed some creative...