The Federal Reserve raised its target federal funds rate by 0.5 percentage points at the end of its two-day meeting Wednesday in a continued effort to cool inflation. Although this marks a more typical hike compared to the super-size 0.75 percentage point moves at each of the last four meetings, the central bank is far from
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A For Sale sign appears in front of a house on Oak Street in Patchogue, New York, on May 17, 2022. Steve Pfost | Newsday | Getty Images After a month of declines, mortgage application volume is rising, as current homeowners and potential buyers move on lower mortgage rates. Applications rose 3.2% last week compared
Nearly two years trying, John Travolta is having a tough time selling his 20-bedroom, eight-bathroom mansion in Maine. The star first listed the home in February 2021 — seven months following the death of his wife Kelly Preston. Located in Isleboro, Travolta has kept the initial $5 million price tag, despite a brief moment off
In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians walk in front of the Twitter Inc. headquarters in San Francisco, California. David Paul Morris | Bloomberg | Getty Images In an effort to cut costs following Elon Musk’s chaotic $44 billion acquisition of Twitter, the social media company has stopped paying rent, according
An Opportunity Zone is a community development program established by Congress in 2017 that allows investors to take advantage of tax breaks while investing in economically-distressed neighborhoods across the US. Since this is a relatively new investment strategy, a lot of questions come into play about how this economic development tool works. On today’s show,
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Can you be successful investing in real estate on the side, part time, or do you have to be a full time real estate investor to truly make it work? In this video, you’ll discover that for most people, real estate investing on a part time basis can actually be more advantageous than full time.
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For most markets in the country, the past year has been a rollercoaster of changing market factors that have left many agents and consumers very confused. So, is the 2023 market heading for the same trajectory? Will it get better or worse if a recession is called? In this week’s Deep Dive, Kate Rezabek delivers
For the second consecutive month, Corelogic upwardly revised their real estate market predictions over the next 12 months. In today’s housing market forecast summary, I share all the details as well as the 5 markets Corelogic believes will most likely see home prices decline on a year over year basis over the next 12 months.
A prospective home buyer, left, is shown a home by a real estate agent in Coral Gables, Florida. Getty Images The average rate on the 30-year fixed mortgage dropped to 6.28% Tuesday, according to Mortgage News Daily. It is now at the lowest level since mid-September. The decline came after a lower-than-expected reading of the November’s
Maxwell Frost, newly elected to Florida’s 10th Congressional District, is having trouble securing an apartment — over bad credit. The congressman-elect, 25, got ahead of the news by taking to Twitter last week to reveal his predicament. “Just applied to an apartment in DC where I told the guy that my credit was really bad.
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