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Miami real estate agent charged with $381K PPP fraud
Feb. 06, 2023 (Staff Writer)- A Miami real estate agent was charged with fraud and money laundering linked to $381,000 in Covid-19 relief funds through the Paycheck Protection Program that she allegedly used to pay for a Bentley, cosmetic procedures, and a luxury...
Roofstock onChain Sells home in Alabama as an NFT, Purchased on Ethereum platform using StableCoins
Feb. 06, 2023 (Staff Writer)- Roofstock, the leading digital real estate platform specializing in single-family rental (SFR) properties, today announced the sale of an Alabama rental property via a non-fungible token (NFT) enabled by Roofstock onChain (ROC), its web3...
Tech, housing, and manufacturing might already be in a recession. They could bring the US economy down with it.
Source: Business Insider --- No, the US economy isn't in a recession yet. But some of its key industries might be, suggesting the desired "soft landing" is far from a sure thing. Bloomberg economist Anna Wong, for instance, recently put the chances of a US recession...
Rents, mortgages soar, tighten squeeze on workers’ families
Source: The Militant --- With housing costs rising faster than workers’ wages, those renting apartments or homes are paying on the average 30% of their income for rent, an all-time high. Mortgage rates have doubled in the past year. Underneath these figures is the...
4 Steps to Take if You’re House Poor
Source: The Ascent --- If your housing expenses -- including mortgage payment, homeowners insurance, utilities, maintenance, and property taxes -- leave you with little left over each month, you may be called "house poor." The first thing to know is that there's no...
How do mortgage overpayments work? Is it worth it, is it better to overpay mortgage monthly or in lump sum
Source: National World --- The Bank of England raised interest rates once again on Thursday (2 February). Its base rate now sits at a fresh 14 year high of 4% - 0.5 percentage points higher than the level it was set at in December 2022. Designed to bring down...
