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BiggerNews September: Mortgage Rate Predictions

By Richard | Sep 6, 2022

Mortgage rates went from being a nap-inducing topic to becoming one of the most talked about, researched, and debated subjects of 2022. After two years of rock-bottom interest rates, homebuyers and investors are getting a rude awakening with some of the biggest mortgage rate hikes in decades, used simply to slow down the economy’s rampant […]

Inflation and hybrid work ‘skyrocketed’ demand for flexible workspace, WeWork says

By Richard | Sep 6, 2022

Global inflationary pressures are pushing companies to be “more nimble” with their corporate real estate portfolios, according to WeWork. “That … has put the need for companies to look at flexibility in managing and thinking about their workspace,” said Samit Chopra, the coworking company’s international president and COO. “Which is of course, guided by a […]

From Broke at 40 to FI at 50 While Raising 4 Kids

By Richard | Sep 6, 2022

In the early retirement movement, becoming a millionaire is a crucial part of the financial path. While everyone has different spending habits, the first million will allow you to start pivoting so you can make choices for your enjoyment, not just for the sake of money. But when is it too late to start making […]

Bank of America to help minorities buy first homes with new mortgages

By Richard | Sep 5, 2022

Morsa Images | Digitalvision | Getty Images To help narrow a homeownership gap among Black and Hispanic-Latino communities, Bank of America is launching new zero down payment, zero closing cost mortgage products to help people in minority communities buy their first homes. The program — called the Community Affordable Loan Solution — will be available […]

Housing is Unaffordable, But Could It Actually Get Worse?

By Richard | Sep 5, 2022

The housing market, for most people, seems like an unaffordable investment. For years, housing unaffordability was climbing, but not fast enough to keep average Americans from buying primary residences. Now, combine rising interest rates with all-time high appreciation, and the average renter can’t afford a home in most American metros. But how did this all […]

More home sellers drop their asking price as the housing market cools

By Richard | Sep 5, 2022

Daniel Acker | Bloomberg | Getty Images Home sellers are getting nervous, as the once-hot housing market cools fast. One in 5 sellers in August dropped their asking price, according to Realtor.com. A year ago that share was just 11%. related investing news In this ‘Bizarro World,’ a soft payrolls report might be what the […]

Can You Start Investing with Just $5,000?

By Richard | Sep 4, 2022

The best way to build wealth isn’t always the most obvious. More people will take the passive road to wealth building, which is usually far slower, and much less efficient than the active path to wealth. The active investor takes time making calculated decisions that would scare almost every average investor. Flipping a house, renovating […]

High rates are driving consumers to rental properties, says Black Knight’s Andy Walden

By Richard | Sep 4, 2022

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Andy Walden, vp of enterprise research at Black Knight, joins ‘The Exchange’ to discuss housing affordability, why interest rates are pushing consumers to rent, and how return to office policies are contributing to housing market dynamics. 02:37 Fri, Sep 2 20222:28 PM […]

Here’s How Biden’s Student Loan Forgiveness Plan Affects Real Estate—You Probably Guessed It Already

By Richard | Sep 4, 2022

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