What goes up must come down — even if it takes a while. The Federal Reserve's attempts to cool inflation have yet to bring the economy to equilibrium. As it approaches a likely downturn, experts predict a recession could hit the US within the next 12 months. In the past, recessions have ...
If you’ve been avidly reading the headlines on the soaring real estate market, you might be thinking that now is the time to cash in…sell your spacious home and move into a smaller place you can rent or own. One issue that many sellers often don’t completely understand is the ...
Homeownership comes with lots of expenses beyond your mortgage payment. If something goes wrong with the property, you'll be responsible for paying for it -- not your landlord. As a result of fears about repair expenses, some homeowners are interested in purchasing a warranty.Home warranties aren't to be confused with ...
Your neighbor just sold their house for how much? Housing prices continue to soar, with Zillow estimating they could climb 21% in 2022, bolstering the already-steady gains of 2021. A real estate market this appealing might leave you wondering if now is the right time to sell your home. But ...
Amid a highly competitive housing market, should you ever skip a home inspection to make your bid more competitive? Or try to get an inspection on the cheap? Here are the dos and don'ts.If you're considering purchasing a home, condominium, or even a commercial building, having the structure thoroughly inspected ...
One benefit of owning a home is getting to build equity in it. Equity refers to the portion of your home you own outright. You can calculate yours by taking the market value of your home and subtracting the balance you owe on your mortgage. If your home could sell ...
The original theme of this month's newsletter changed rather dramatically as the early March events in the banking sector radically altered the tone in the markets. While the focus had been a deeper dive into the “Recession vs Runway” theme for an economic landing, the failures of Silicon Valley Bank ...
Married couples seem to get a lot of breaks when it comes to finances—presumably, two people are earning (and sharing) income; they might have more choices for affordable insurance, and they often enjoy more generous tax deductions. Yet they also have to navigate tricky financial situations, such as allocating their ...
With the price of food on the rise, grocery bills are growing along with it. It can be a challenge to stick to your grocery budget while also trying to check everything off your list. But, with a little effort, you can keep your weekly grocery bill on budget. Whether ...
More than 11 million minority-owned businesses make up the economic fabric of the United States, according to data compiled by The Business Journals, and these businesses generate about $1.8 trillion in annual revenue, making up a good portion of the country’s economic success.Yet, minority-owned businesses do not receive nearly as ...
Do you have a budget? It’s a core factor in improving your financial well-being – both for today and the future. Consider this guide your “budget buddy” and get started today.What is a budget?We hear the word a lot, but what does it really mean to make a budget? At ...
Every March, we celebrate Women’s History Month where we honor women’s contributions in American History. This is a time to celebrate actions big and small that have led the way for progression. The theme for Women’s History Month 2023 is Celebrating the Women Who Tell Our Stories. These women might ...