Mortgage rates have risen, slowing down activity in the housing sector. Wells Fargo — along with many other companies — is trimming staff, in response to the grimmer economic outlook. Read more
Tag: Consumer Affairs
Mortgage rates take a breather after nearly doubling in one year’s time
The 30-year fixed-rate mortgage averaged 5.7% for the week ending June 30, according to data released by Freddie Mac on Thursday. That’s down 11 basis points from the previous week Read more
Mortgage rates take a breather as the sector cools
The 30-year fixed-rate mortgage averaged 5.7% for the week ending June 30, according to data released by Freddie Mac on Thursday. That’s down 11 basis points from the previous week Read more
This city is ‘the epicenter of the housing crisis,’ says a Biden administration official and another reason to swap your gas stove? Study finds cancer-causing chemicals in natural gas
Hi, MarketWatchers. Don’t miss these top stories. Another reason to swap your gas stove? Study finds cancer-causing chemicals in natural gas Harvard study finds the natural gas that lights gas Read more
‘It’s nuts’: Real-estate agents describe chaotic bidding wars in New York City’s red-hot rental market
Renting an apartment in New York City this summer? Say hello to sky-high prices and a fight to the finish. Amid the heat and the occasional rain, there’s a mad Read more
‘There seems to be little relief in sight’: More than half of Americans are living paycheck to paycheck, making them more vulnerable to recession
If you find it hard to save anything at the end of the month, you’re not alone. An estimated 150 million American adults are in the same shoes. More than Read more
‘She has a poor work ethic’: I rent out rooms in a single-family home. I charge $1,300 per room, but my sister only pays $800. Should I ask her to pay more?
Dear Quentin, I own a rental property single-family home. I rent the rooms out individually for $1,200 per month plus utilities (about $1,300 all in). I have a very good Read more
Fed rolls out new index to flag early warning signs of distress in corporate bonds
The New York Federal Reserve on Wednesday rolled out a new index to help detect early warning signs of distress in the near $10 trillion U.S. corporate bond market, roughly Read more
‘We shouldn’t have to be doing this’: North Dakota’s only abortion clinic has one month to pack up and move to Minnesota — but raises $815,000 on GoFundMe
After 21 years at its current location in downtown Fargo, N.D., Red River Women’s Clinic will be moving to Moorhead, Minn. The new location is a 15-minute drive away across Read more
Here’s how much your Social Security check is likely to go up next year
Good news — sort of. If you’re retired or just about to retire, next year’s Social Security checks are likely to see one of the biggest bumps on record as Read more