The Housing Market Is Shifting. Sellers Are Getting Anxious.

New Orleans homeowner Lisa Tourtelot says homes were flying off the market in her neighborhood as recently as a month ago. Now, as she prepares to list her own house for sale, the homeowner is on edge. Mortgage rates, property taxes, and homeowners insurance are all on the rise, she says — developments the 36-year-old … Read more

What to expect in a typical recession

There has been a lot of chatter recently about the possibility of a recession. Yet what exactly does that mean – and what would a potential downturn look like? A recession is defined as “a significant decline in economic activity that is spread across the economy and that lasts more than a few months,” according … Read more

The US cities where homes are most at risk from hurricanes and other storm damage

As the country enters hurricane season from June 1 to the end of November, homes in New York and Miami are at the highest risk for property damage, according to a report released Wednesday from housing-research firm CoreLogic. Overall, more than 33 million homes in America are at risk of suffering damage from hurricanes, according … Read more

The US cities where homes are most at risk from hurricanes and other storm damage

As the country enters hurricane season from June 1 to the end of November, homes in New York and Miami are at the highest risk for property damage, according to a report released Wednesday from housing-research firm CoreLogic. Overall, more than 33 million homes in America are at risk of suffering damage from hurricanes, according … Read more

Here’s How Much The Average Working Boomer Has Saved for Retirement

Text size Dreamstime This article originally appeared on MarketWatch. Three news items that say a lot about the retirement crisis facing Americans and what we can do about it — if we want to. The first is a survey of 1,000 working Americans conducted recently showing much, or little, they have saved for retirement. And … Read more

These dividend stocks yield at least 5% and have plenty of room to raise payouts

This year’s stock price declines make for an increasing number of stocks with high dividend yields of at least 5%. Below is a screen that highlights 29 that appear to be able to raise their payouts considerably. There are different approaches to selecting dividend stocks. For example, John Kornitzer, who co-manages the Buffalo Flexible Income … Read more

I’m the COO of a mortgage company that’s funded more than $ 100 billion in loans. Here are the 3 things you need to know about the housing market now

Steve Reich Mortgage rates climbed above 6% last week, according to Bankrate data, with some pros saying they may go higher. (You can see the lowest mortgage rates you may qualify for here.) On top of that, home prices have risen more than 20% year-over-year, causing affordability challenges for many aspiring homebuyers. And it’s likely … Read more

Beyoncé’s ‘Break My Soul’ is an ode to the Great Resignation

Beyoncé released a new single, “Break My Soul,” on Monday. The song references quitting a job and employee stress, alluding to the recent Great Resignation trend. Larry Busacca | PW18 | Getty Images The Great Resignation is part of the zeitgeist. If you need proof, just ask Beyoncé. The superstar singer’s new single, “Break My … Read more

The 10 ‘most American-made’ cars and SUVs may surprise you

One Tesla model topped another to rank as the most “American-made” vehicle for 2022 in this long-running index that judges contenders based their US-based assembly line, major parts sourcing and other features. It’s Tesla’s TSLA, + 9.35% Model Y earning the No. 1 ranking from Cars.com this year, the auto listing and news site announced … Read more

I’m paying my adviser 1%, but ‘the only communications I get are invoices.’ So I want to regain sole control of my accounts – without having to talk to him about it. Is this possible?

“I want to take back control of my accounts and manage them myself – perhaps in consultation with a fee-based advisor eventually.” Getty Images Question: Eight years ago I hired a financial advisor because the rounds of layoffs at work were coming more regularly, and I wanted to know if my savings were enough for … Read more