Here’s how much the same mortgage costs now, compared to last year
Fewer people are shopping for homes, a sign that homebuyers are getting priced out of the market due to surging mortgage rates, which spiked to an average of 5% this …
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As mortgage rates keep climbing, homes are more expensive for both renters and buyers
One of the advantages to buying a home is that mortgage payments can be cheaper than renting — provided you have enough money saved up to afford a down payment …
Read MoreRent prices keep rising—here are the 25 most expensive U.S. cities to rent a 1-bedroom apartment
Rent prices continue to rise, as increasing housing costs have driven up rent prices all winter — a season in which home and rent prices are typically at their cheapest. …
Read MoreKevin O'Leary: Follow this rule to figure out how much you should spend on housing
Whether you're looking to rent or own your next home, Kevin O'Leary says there's an easy way to determine how much you can afford to pay. The judge of CNBC's …
Read MoreThe number of U.S. cities with an average home price of $1 million tripled last year
The number of "million-dollar cities" with home listing values exceeding an average of $1 million has tripled since 2020, according to recent Zillow data. With the average price of a …
Read MoreThe pandemic ‘quickly eroded savings’ for Gen Z, millennials: Study
Only about half of all Americans – 53% – say they now have more money in their emergency savings than what they owe in credit card debt — an unfortunate …
Read MoreConsumers are taking on more credit card debt, just as interest rates are expected to rise
Household credit card debt had its largest quarterly increase in at least 22 years, according to new data released by the New York Federal Reserve>How to deal with rising credit …
Read MoreSoaring rental prices make it even more difficult to save for a house
If you've been paying attention to headlines (or your own lease renewal) then you've likely seen that rent is higher than it was a year ago. A lot higher. Putting …
Read MoreEconomist: There's 'absolutely' no sign pay hikes will slow anytime soon
The labor market is as tight as ever, and employers are pulling out all the stops to get workers in the door by offering signing bonuses and higher pay. "We …
Read MoreYoung people are increasingly overwhelmed at work, survey shows
Gen Z and millennial workers are getting more and more stressed out and overwhelmed at work, a study shows. According to Bain & Company, young people — especially those from …
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