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Real Estate
Mortgage refinancing surges 35% in one week, as interest rates hit lowest
New houses are seen for sale at Woodland Village, built by Lifestyle Homes housing developer, in Cold Springs, Nevada.Andri Tambunan | AFP | Getty ImagesIt appears to have taken a few weeks for current homeowners to realize mortgage…
Here’s the inflation breakdown for July 2024 — in one chart
d3sign | Moment | Getty ImagesInflation continued to retreat in July, aided by easing price pressures for consumer staples like food and energy and physical goods like new and used cars.The consumer price index, a key inflation gauge,…
Here’s when best to tap it
Iuliia Isaieva | Moment | Getty ImagesHomeowners are sitting on $17 trillion in equity as of the end of the first quarter of 2024, according to CoreLogic. The average homeowner gained $28,000 in equity compared to a year earlier.For many…
59% of Americans wrongly think U.S. is in a recession, report finds
We are not in a recession"Right now we have a 'Goldilocks' economy," said Gene Goldman, chief investment officer at Cetera Financial Group in El Segundo, California.The country's economy has continued to expand since the Covid-19…
Kenneth Cole, Maria Cuomo put $22M estate up for sale
Check out what's clicking on FoxBusiness.com Fashion designer Kenneth Cole and wife Maria Cuomo Cole recently put their massive New York estate up for sale. The couple, who have been married since 1987, are seeking to fetch $22…
What the VP picks could mean for your wallet
Democratic vice presidential candidate and Minnesota Governor Tim Walz (L), and Republican Vice Presidential candidate Sen. JD Vance (R-OH).Getty ImagesHousingAffordable housing is an important topic for many Americans and both Walz and…
Martha Stewart nabs $12 million NYC pad in building featured in Hulu’s hit
| Getty Images The Belnord offers "six distinct residential lobbies." In the middle, there is also a massive courtyard and garden that sprawls 22,000 square feet, according to reports. CLICK HERE TO READ MORE ON FOX BUSINESSWithin…
Weekly mortgage refinance demand soars 16% as rates sink to lowest level in
An aerial view shows a subdivision that has replaced the once rural landscape in Hawthorn Woods, Illinois.Scott Olson | Getty ImagesMortgage interest rates dropped last week to the lowest level since May 2023, causing a surge in mortgage…
Former Olympic gold medalist Shaun White gets over $3.9M for Los Angeles
Shaun White talks to Fox News Digital about his partnership with CVS and its new snack and beverage line Well Market. Shaun White reportedly just parted with a Los Angeles home he had owned since 2018. The Wall Street Journal…
Inflation, home insurance, other monthly payments are skyrocketing
Record inflation may have people questioning whether homeownership is still a good investment.Home prices have been rising faster than incomes, which can be a problem for homeowners because as the value of a home rises, so does the cost…