Hinterhaus Productions | Digitalvision | Getty ImagesSavings accountsHigher rates mean that consumers have to pay more to service their debt, but it also means that banks pay higher rewards to savers. It’s one of the silver linings to the current rate...
Economists expect the Federal Reserve to leave interest rates unchanged at the end of its two-day meeting this week, even though many experts anticipate the central bank is preparing to start cutting rates in the months ahead.In prepared remarks earlier this month,...
Cavan Images | Cavan | Getty ImagesPresident Joe Biden has floated plans to address the country’s affordable housing issues, including new tax breaks for first-time homebuyers and “starter home” sellers. However, experts have mixed opinions on the...
Milos Dimic | E+ | Getty ImagesWith various factors keeping homeownership out of reach for Americans, many aspiring homeowners are pessimistic, doubting they will ever achieve that goal.Would-be buyers point to two major obstacles holding them back, according to a new...
Witthaya Prasongsin | Moment | Getty ImagesDespite a slump in U.S. home sales, many homeowners made a profit selling property in 2023. Those gains could trigger a tax bill this season, depending on the size of the windfall, experts say.In 2023, home sellers made a...