Mortgages

Fed’s biggest rate hike since 1994 means millions more homebuyers may be priced out of the housing market: ‘Desperate times call for desperate measures’Fed’s biggest rate hike since 1994 means millions more homebuyers may be priced out of the housing market: ‘Desperate times call for desperate measures’

Fed’s biggest rate hike since 1994 means millions more homebuyers may be priced out of the housing market: ‘Desperate times call for desperate measures’

[ad_1] Pity those first-time house buyers. On Wednesday, the U.S. Federal Reserve raised the benchmark interest rate by 75 basis…

3 years ago
Real estate firms Compass and Redfin announce layoffs as housing market slowsReal estate firms Compass and Redfin announce layoffs as housing market slows

Real estate firms Compass and Redfin announce layoffs as housing market slows

[ad_1] A Redfin Corp. 'For Sale' sign stands outside of a home in Seattle, Washington.David Ryder | Bloomberg | Getty…

3 years ago
American households have almost $16 trillion of debt, but researchers say there’s a silver liningAmerican households have almost $16 trillion of debt, but researchers say there’s a silver lining

American households have almost $16 trillion of debt, but researchers say there’s a silver lining

[ad_1] U.S. household debt hit $15.84 trillion during the first quarter as Americans are collectively carrying about $1.7 trillion more…

3 years ago
When to increase your house budget and when to stick to your planWhen to increase your house budget and when to stick to your plan

When to increase your house budget and when to stick to your plan

[ad_1] Mikolette | E+ | Getty ImagesPrior to the pandemic's red-hot housing market, there was a simple profile that constituted…

3 years ago