Tag Archives: Personal Finance

FINANCE PROFESSOR EXPLAINS: How To Get Rich from 2023 Recession

This is how to profit from a recession. Get rich while others hide. The volatile stock market is hard to navigate with the proper investing strategy in 2023. Here is how I’m investing in 2023 to build wealth and w. I’m parking my cash while I allocate funds to specific ETFs at the perfect time. […]

Mortgage rate you get depends partly on credit score. What to expect

Phiromya Intawongpan | Istock | Getty Images Anyone who’s exploring homeownership may know that rising interest rates and elevated home prices are making that goal challenging. The average rate on a typical 30-year, fixed-rate mortgage has been zigzagging between 6% and 7% for the last several months — down from above 7% in early November […]

Should You Buy A House Now Or WAIT Until 2024?

✅ Subscribe to Market Briefs for FREE and get daily investor updates: ✅ Check out my products: 1. Market Briefs – Get my free financial newsletter for investors: 2. Business Briefs – Get my free business newsletter for entrepreneurs: 3. Market Insiders – Download Our FREE Guide To Generating Passive Income: 4. BuzzLegal – Have […]

What a Federal Reserve quarter-point interest rate hike means for you

The Federal Reserve raised the target federal funds rate for the eighth time in a row on Wednesday, in its continued effort to tame persistent inflation. At its latest meeting, the central bank approved a more modest 0.25 percentage point increase after recent signs that inflationary pressures have started to cool. “The easing of inflation pressures […]

Real estate investors are ‘mostly on the sideline’ as buyers return to housing market: Redfin CEO

#realestate #yahoofinance #. Redfin CEO Glenn Kelman spoke to Yahoo Finance anchors Seana Smith and Dave Briggs about reasons for buyers and sellers to be optimistic after the housing market improved in January. Don’t Miss: Valley of Hype: The culture that built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo Finance: About Yahoo Finance: At Yahoo […]

Federal Reserve likely to hike interest rates again. How to prepare

The Federal Reserve is widely expected to announce its eighth consecutive rate hike at this week’s policy meeting.  This time, Fed officials likely will approve a 0.25 percentage point increase as inflation starts to ease, a more modest pace compared with earlier super-size moves in 2022. Still, any boost in the benchmark rate means borrowers […]

Metro areas w. U.S. rent prices have dropped the most

Colorful cafe bars at the iconic Beale Street music and entertainment district of downtown Memphis, Tennessee. benedek | iStock | Getty Images Despite broad hikes in rental prices, competition is easing in some U.S. markets as inventory grows, according to a new report from national real estate brokerage HouseCanary. At the end of 2022, the […]

Real estate outlook 2023: What buyers, sellers, and investors need to know

#realestate #mortgages #housing #yahoofinance Yahoo Finance breaks down the latest .rmation on the real estate market for 2023. Don’t Miss: Valley of Hype: The culture that built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo Finance: About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social […]

92% of millennial homebuyers say inflation has impacted their plans

Lifestylevisuals | E+ | Getty Images It may come as no surprise that among millennials who have intended to buy a house this year, 92% said in a recent survey that inflation has impacted their goal. Yet most of them aren’t letting it serve as a roadblock, according to the survey from Real Estate Witch, […]

Common misconceptions about achieving a perfect credit score

Randy had an 850 credit score. According to FICO, the most popular scoring model, that’s as good as it gets. Still, a line on his credit report said he could lower his utilization rate, so he promptly paid off the remainder of his car loan with one $6,000 payment, and then his score sank 30 […]