The average rate on the popular 30-year fixed mortgage just crossed 5%, now standing at 5.02% according to Mortgage News Daily. This is the first …
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The Great Squeeze
“The Great Squeeze” is on — prices are soaring on everything from groceries to gasoline. And buying a home just got even more expensive: The fixed 30-year mortgage rate topped 5% for the first time in years. This has all put the squeeze on American families. Many are thinking about where they can cut back spending to ride it out. And, 81% of U.S. adults are worried that skyrocketing inflation could lead to a recession this year, according to a new CNBC + Acorns survey conducted by Momentiv.
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Surging inflation has Americans reconsidering how they spend their money. The Consumer Price Index, which measures a wide-ranging basket of goods and …
As inflation continues to weigh on American households, people are plotting what they'll cut from their budgets in the coming months to keep spending …
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Americans are being squeezed by higher inflation. That may have retirees on a fixed income concerned about getting by or running out of savings during …
Prior to the pandemic's red-hot housing market, there was a simple profile that constituted an "A" buyer, according to Brian Copeland, a realtor in …
As gas prices have soared across the country, some politicians have floated a potential solution: temporarily halting the collection of taxes charged …
Prices are rising, squeezing consumer budgets more than they've seen in the last 40 years. It also means that for many investors, it may be more …
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