The Average Age of Vehicles on U.S. Roadways Hits a Record 12.2 Years
The average age of vehicles on U.S. roadways edged higher in 2021, hitting a record of 12.2 years, as Americans challenged by high car prices...
‘The pandemic boom in home sales is over’: Mortgage rates soar to highest level since 2009 as the Fed pressures the housing market
Mortgage rates are skyrocketing thanks to the Fed, but buyers who can tough out this difficult, changing market will be rewarded. The 30-year fixed-rate mortgage...
‘Buyers of a median-price home are looking at a monthly mortgage payment that is almost 50% higher than it was a year ago.’ The 30-year mortgage rate dips slightly to 5.1%
The interest rate on the country’s benchmark mortgage product edged downward for the first time since early March, but that doesn’t mean the housing market...
Interest-Rate Surge Ripples Through Economy, From Homes to Car Loans: WSJ
The market is finally getting the message that the era of cheap money is ending. Just look at mortgage rates. At the beginning of 2022,...
That Vacation Home Listed on Airbnb Might Be Owned by Wall Street
Investment firms are buying up more vacation homes, aiming to cash in on growing demand from tourists and remote workers. Most vacation-rental homes are owned...
Shoppers Are Caught Off Guard as Prices on Everyday Items Change More Often
Everyday items, from grocery staples to home décor, are being priced more like airline tickets and gasoline, where the sticker prices can move frequently within...