Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
Category: Real Estate and Housing (Residential)
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Existing-Home Sales in 2024 Were Slowest in Decades Amid High Mortgage Rates
The market perked up late in the year when interest rates eased, but affordability challenges yielded the fewest transactions since 1995.
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Spain Seeks to Curb Short-Term Rentals Amid Growing Housing Crisis
The country is at the forefront of a wider crunch spreading across Europe, and its prime minister has proposed a 100 percent tax aimed at foreign real estate investors.
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Divvy Homes, Once Valued at $2 Billion, Is in Talks to be Sold for Parts
The company, backed by high-flying Silicon Valley investors like Andreessen Horowitz, had promised it would reinvent the rent-to-own model and make it more consumer friendly. High interest rates and mortgage rates thwarted those plans.
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Loving an ‘Untouched’ Modernist House, and Then Getting Down to Work
A couple bought a home in Palo Alto, Calif., that was designed by an associate of Frank Lloyd Wright. Happily, they were also smitten with the two-year renovation.
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A Trump Oligarchy Is Moving to Washington, and Buying Up Prime Addresses
Billionaires and multimillionaires are flocking to a city where power has been more important than money, but is now deeply intertwined with it.
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When the Retirement Community Goes Bankrupt
It doesn’t happen often. But when it does, some residents risk losing everything.
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How to Come Up With a Down Payment on a House
With prices high, putting aside enough cash to buy a house can be daunting. But housing experts say there are assistance programs in all 50 states.
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30-Year Mortgage Rate Rises Above 7% for First Time Since May
The latest jump threatens to sideline more buyers and sellers.
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Meet Japan’s Original Decluttering Guru (No, Not That One)
Before Marie Kondo stormed into the global consciousness, Hideko Yamashita taught Japan the art of creating tidier spaces.
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Why Cities Are Getting Rid of Decades-Old Parking Rules
Hundreds of cities have cut back parking requirements for real estate projects. That’s led to more housing development, but it has also resulted in backlash from residents.
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Bucks County, Pa., Is Now a Celebrity Hot Spot
First came the Hadids. Then Bradley Cooper. Now, with luxury inns going up, the area around New Hope, Pa., has become a rival to the Hamptons.