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Real Estate
Money moves to consider ahead of a Fed rate cut
The Federal Reserve could start lowering interest rates as soon as next month, based on the latest inflation data."We think that the time is approaching," Fed Chair Jerome Powell said at a press conference after the last Federal Open…
Illinois mansion sitting on Lake Michigan shore seeks $35M
Jena Radnay of @properties Christie’s International Real Estate privately listed the property on behalf of the owner, identified as former Goldman Sachs executive Muneer Satter. It was earlier reported by The Wall Street Journal.…
Home insurance premiums rose 21% in 2023, partly due to climate change
A view of flooded streets after 24 hours of continuous heavy rain over Fort Myers, Florida, United States on June 13, 2024.Anadolu | Anadolu | Getty ImagesConsumers preparing to renew their homeowners insurance policy may experience some…
Building up middle class will be a goal. How she may do it
Vice President and 2024 Democratic presidential candidate Kamala Harris speaks at a campaign event in Atlanta, Georgia, on July 30, 2024.Elijah Nouvelage | Afp | Getty Images"Building up the middle class will be a defining goal of my…
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…