- Yahoo Finance
Jay Powell just made buying a home this spring even more challenging
The Fed chair this week doused any hopes home buyers still had that mortgage rates would soften anytime soon. That has big implications for the housing market.
- Yahoo Finance
Here's the math keeping housing inventory so low
Many American homeowners are staying put because it's not financially smart for them to sell, stunting the number of available homes and keeping prices high.
- Yahoo Finance
Why big Medicare Advantage insurers may root for Biden to lose in 2024
Insurance giants have a bigger stake in this year’s presidential election after recent moves by the Biden administration cut into the profitability of Medicare Advantage plans.
- Yahoo Finance
Medicare Advantage chaos is making life more difficult for hospitals, insurers — and seniors
Hospitals and insurance giants are clashing over Medicare Advantage plans as both sides try to protect their profits. Many seniors are caught in the crosshairs.
- Yahoo Finance
I lost $11,300 to identity fraud. What I learned: Usual safeguards don’t work.
Someone stole my identity — and $11,300. What I discovered is that the many steps we take to protect our personal data don’t always work.
- Yahoo Finance
Why healthcare workers continue pushing US job gains higher
Healthcare workers are helping to drive a red-hot jobs market. The reason has a lot to do with how your local hospital now operates.
- Yahoo Finance
One key reason inflation is cooling: Immigrant workers
Investors would be wise to track the flow of immigrants as they assess the future direction of interest rates and the US economy.
- Yahoo Finance
The tax credit that could do more for American pocketbooks than any New Year’s resolution
Restoring the enhanced child tax credit, a pandemic-era measure, could go a long way to helping financially vulnerable Americans.
- Yahoo Finance
Homebuilder confidence deteriorates again in November — but could the worst be over?
More builders classified housing conditions as poor than good in November. But the gloom may be coming to an end soon.
- Yahoo Finance
Mortgage rates edge lower for first time in roughly two months
The average rate on the 30-year fixed mortgage decreased to 7.76% from 7.79% the previous week. That breaks a seven-week streak of increases.
- Yahoo Finance
Student loans: Early data shows repayments are already taking a toll
The data provides the earliest indications of the kind of impact those repayments could have on both households and the economy
- Yahoo Finance
Mortgage rates edge even closer to 8%, levels not seen in more than two decades
The average rate on the 30-year fixed mortgage increased to 7.63% from 7.57% the previous week, Freddie Mac reported.
- Yahoo Finance
Housing: Existing home sales sink in September as mortgage rates keep buyers and sellers in place
Sales of previously owned homes dropped 2% from August to a seasonally adjusted annual rate of 3.96 million.
- Yahoo Finance
Builders added more homes last month, but future activity could wane
New residential construction, including single-family homes and multifamily, increased 7% month over month in September to 1.358 million units.
- Yahoo Finance
Homebuilders feel lousy about housing conditions — except for maybe the biggest ones
Homebuilder pessimism deepened this month as mortgage rates reached 23-year highs.
- Yahoo Finance
Pinched homebuyers turn to adjustable-rate mortgages to make the payment math work
The volume of ARM applications jumped 15% last week from the previous one.
- Yahoo Finance
Homebuying activity slumps to lowest level since 1995
The volume of mortgage applications for a home purchase last week was the smallest in 28 years.
- Yahoo Finance
A troubling share of Americans aren't paying their credit cards in full: survey
J.D. Power found that 51% of Americans can’t pay off their entire balance each month and instead let it revolve to the next month.
- Yahoo Finance
Mortgage giant Fannie Mae says a recession is still coming at the end of the year
Fannie Mae's analysts have predictions on the economy, where home prices are going, and if mortgage rates will fall.
- Yahoo Finance
Americans' retirement confidence 'the lowest it's ever been'
BlackRock found that only 56% of folks say they feel on track for retirement, down from 63% in 2022 and 68% in 2021.