- Inflation Reduction Act extends 'pass-through' tax break limits for 2 more years. Here's what that means for entrepreneurs
Senate Democrats' legislation would continue an existing limit on how pass-through businesses can use losses to reduce their tax bills.
- As climate change threatens more homes, some properties are getting too costly to insure
As climate change threatens the U.S. with more natural disasters, it's becoming increasingly costly for Americans to insure their homes, experts say.
- Consumer confidence in the housing market hits the lowest point in over a decade
Consumer confidence in the housing market dropped to the lowest level since 2011, as both prospective buyers and sellers have become more pessimistic.
- A 'shakeout' among mortgage lenders is coming, according to CEO of bank that left the business
Surging interest rates and home prices that have yet to decline have put housing out of reach for many Americans and shut the refinance pipeline for lenders.
- Rent prices are soaring in these 5 U.S. metros. Here's what to know before moving to a cheaper area
Rent prices swelled during the first half of 2022, with a double-digit increase year-over-year. Here's what to know before moving to a cheaper area.
- Where companies say they will cut budgets first in a softer economy
Companies are cutting real estate footprints, and the budgets that go with them, according to a Gartner CFO survey.
- Is the economy in a recession? ‘What you call it is less relevant,’ says one economist: Here’s ‘what really matters'
Are we in a recession? A former chief economist at the U.S. Department of Labor and a former chair of the White House Council of Economic Advisers weigh in.
- Two Trump children questioned in New York attorney general's probe, ex-president set to talk in coming weeks, report says
The Trump Organization is under investigation for manipulating asset valuations for financial gain. Three Trump children have now been questioned in the probe.
- The great unrest: How 2020 changed the economy in ways we can't understand yet
Because of the Covid pandemic, 2020 was an epoch-changing year. Much like the 9/11 terrorist attacks in 2001, the full effects won't be understood for years.
- ‘One actionable thing’ that can save prospective homebuyers up to $104,000 over the life of their mortgage
As today's prospective home buyers confront high home prices and rising interest rates, there's one thing they can do to save – raise their credit scores
- Mortgage applications inch up for the first time in five weeks
Total mortgage demand increased 1.2% as the average 30-year fixed mortgage rate made the largest weekly drop since 2020.
- From luxury city escapes to vacation rentals: These are Europe's best destinations to buy a second home
Whether you're on the hunt for a vacation property or a store for your cash as stocks somersault, Europe has a host of compelling second home destinations.
- China's economy could be dragged down by loss of confidence in property sector
Land sales, which make up a dominant portion of provincial government revenue, have fallen 30% in the past year.
- Home prices cooled at a record pace in June, according to housing data firm
Home price gains are cooling fast, as demand wanes and still-tight supply builds.
- Mortgage rates fall sharply after negative GDP report and Fed's latest hike
The average rate on the popular 30-year fixed mortgage fell to 5.22% on Thursday from 5.54% on Wednesday, according to Mortgage News Daily.
- Is this a recession or not? While it's 'not entirely clear,' here's what it could mean for American consumers
While the current economic doldrums may look different from previous downturns, there are certain things that remain the same.
- The cost to borrow is very expensive. Here are the best money moves to make after the Federal Reserve's interest rate hikes
Everything from student loans, car loans, mortgages and credit cards will be impacted by the Fed's back-to-back 0.75-percentage-point interest rate hikes.
- Pending home sales fell 20% in June versus a year earlier as mortgage rates soared
The decline in sales coincided with mortgage rates soaring to over 6% last month.
- Here's what the Federal Reserve's back-to-back 75-basis point interest rate hikes mean for you
The Fed raised interest rates by another three-quarters of a point. Here's how that affects borrowers and savers now and down the road.
- Top Federal Reserve officials say they misread inflation and now plan to correct the course
It's the Federal Reserve task to tame inflation that is running at a pace not seen in four decades. To do so, it has been hiking interest rates at a fast pace.
- Mortgage demand declines further, even as interest rates drop a bit
Mortgage demand continues to drop, even though interest rates have come down slightly from recent highs.
- China's property sales are set to plunge 30% — worse than in 2008, S&P says
China's property sales are set to plunge this year by more than they did during the 2008 financial crisis, according to new estimates from S&P Global Ratings.
- Homeowners in Singapore could soon feel the pinch from rising mortgage rates
Homeowners in Singapore are starting to tighten their belts as they will soon face higher mortgages, thanks to rising interest rates.
- Homebuilders are boosting incentives as they suddenly struggle to sell homes
The nation's homebuilders are now experiencing a slowdown in sales and an increase in supply.
- Millennials' average net worth more than doubled during the pandemic. Here’s what advisors say they should do next
Millennials' average net worth more than doubled during the pandemic, and real estate makes up more than one-third of their financial assets.
- Home price growth slowed for the second straight month in May, S&P Case-Shiller says
Home prices in May were 19.7% higher compared with the same month last year, according to the S&P CoreLogic Case-Shiller National Home Price Index.
- How the Fed's escalating fight against inflation is hitting the hot housing market
The U.S. Federal Reserve is waging an intense fight against inflation, using interest rates as its primary weapon. That has a big effect on the housing market.
- Goldman Sachs cuts earnings outlook for MSCI China to zero growth
MSCI China tracks more than 700 China stocks listed globally, including Tencent, BYD and Industrial and Commercial Bank of China.
- If Trump was 'Joe Blow from Kokomo,' he would have been charged with crimes, former New York prosecutor says
- Fifth Wall closes half-billion-dollar climate fund to decarbonize global real estate
Nearly 40% of global carbon dioxide emissions come from real estate, according to the United Nations. Fifth Wall sees a huge opportunity.
