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43% of homeowners have delayed home improvements and maintenance due to inflation. Here’s why that’s risky

43% of homeowners have delayed home improvements and maintenance due to inflation. Here’s why that’s risky

Source: CNBC --- For homeowners, big projects and purchases may be another casualty of rampant inflation, new research suggests. Overall, 60% of homeowners in a recent survey are less comfortable making large purchases for their home or household because of rising...

The Fed plans to ‘reset’ the housing market—raising the likelihood of falling home prices

The Fed plans to ‘reset’ the housing market—raising the likelihood of falling home prices

Source: Fortune --- It’s not just about how expensive housing became—it’s how fast it got there. It only took 24 months for U.S. home prices to soar a staggering 37%. For comparison, the biggest two-year spike leading into the 2008 housing crash was 29%. Heading into...

Here’s what the Federal Reserve’s 0.75 percentage point rate hike — the highest in 28 years — means for you

Here’s what the Federal Reserve’s 0.75 percentage point rate hike — the highest in 28 years — means for you

Source: CNBC --- The Federal Reserve raised its target federal funds rate by 0.75 percentage points, the largest increase in nearly three decades, at the end of its two-day meeting Wednesday, in an effort to quell runaway inflation. “We at the Fed understand the...