Finally a loan? With mortgage rates at their lowest level since early 2023 and the nationwide housing inventory up 22% from a year ago, it may be time for renters spooked by the market in Florida and other vacation destinations. The Sun Belt should consider getting on the property ladder, experts say. New analysis released … Read more
The former Goldman Sachs headquarters on Wall Street will soon welcome new tenants after a residential conversion — with tenants paying up to $10,000 a month to secure their corner office in the Financial District. The skyscraper at 55 Broad St. — which served as Goldman’s home from 1967 to 1983 as it became a … Read more
High interest rates are one of the most significant hurdles buyers face when jumping into the housing market right now. As anyone who has bought a home in recent years knows, interest rates have more than doubled since 2020. For a 30-year fixed-rate mortgage, you’re looking at an average interest rate of somewhere between 6% … Read more
Women would rather accept the “singles tax” than the couple. The “singles tax” — the highest costs singles pay to support themselves financially — recently rose to over $7,000, according to Zillow, but women would rather stay on their own. A new study conducted by Qualtrics on behalf of Intuit Credit Karma found that while … Read more
What would it take to feel financially prepared? New research has found that the average American feels prepared for the worst after saving $5,078. The survey of 2,000 employed Americans, evenly divided by generation (500 Gen Z, 500 Millennials, 500 Gen X and 500 Baby Boomers) found that Gen Zers need at least $4,286 in … Read more
If you need a mortgage, a good credit score, also called a FICO score, is essential—and it’s within your control. In short, a credit score is a simplified calculation of your history of repaying debts and making regular loan payments. If you’re borrowing money to buy a home, lenders want to know you’ll pay back … Read more
They may have rizz, but they can’t handle their biza. Gen Z is suffering from a trending phenomenon of financial insecurity known as money dysmorphia, an expert claims. Financial therapist Amanda Clayman defined distress as “a negative and unrealistic perception of one’s financial well-being or financial position.” Gen Z is suffering from a trending phenomenon … Read more