As mortgage rates continue to come down, it is now cheaper to buy a home than rent one in some of the biggest US cities. A monthly mortgage payment is less expensive than rent in 22 of the 50 largest metros, according to new analysis from Zillow. Mortgage rates have now fallen to their lowest level since February 2023, which has significantly reduced monthly payments for homeowners.
Shark Tank star Kevin O'Leary sends warning to ALL couples over the 'nuts' decision millions of partners make
Shark Tank star Kevin O'Leary has warned couples to never make this financial mistake - no matter how in love they are. He pointed out that it could risk people being left without a credit history in the credit-focused US economy. 'So many marriages dissolve, not because of infidelity, but because of financial stress,' the investor said in a Fox News interview posted on his Instagram page.
Your Money
- California burger chain founded by Kevin Hart abruptly closes ALL locations
- Costco rolls out game-changing feature that will change the way you shop there
- Chipotle has found a creepy way to ensure all serving sizes are the same - and workers are not happy
- Flight delayed or canceled? Here's how you can get a full refund under MAJOR airline shake-up
- EXCLUSIVEInside the MOHELA meltdown: Student loans provider responsible for servicing 8 MILLION accounts under fire
- Nine little-known retirement hotspots revealed - where crime is low and properties are cheap
- Why the 2020s could be the best decade ever for America's housing market
- US faces negative equity timebomb: Percentage of mortgages considered 'seriously underwater' rises - here are the states worst affected
- Hidden stock market clues that can predict election results - as experts reveal who they think will win in 2024
- The zombie office timebomb: Commercial real estate foreclosures jumped 117% in March - as experts warn it could trigger the next banking crisis
- Can you really get cheaper flights using your browser's 'incognito' mode or clearing your cookies?
- America's best (and worst) states for job hunters REVEALED - and why you may be better off seeking work in Nevada than Mississippi
RETIREMENT & TAXES
How much the average person at every age has in their 401(K) - how do YOUR savings compare?
New data has revealed how much the average American in every age group has saved in their 401(K) workplace retirement account. Every year, investment management company Vanguard analyzes data from millions of US retirement accounts. It found that the average balance across all ages is $134,128 in 2024, while the median balance is $35,286.
PROPERTY & MORTGAGES
These three housing markets are poised for a HUGE drop in property prices - and they are not in Florida or Texas
As home shoppers continue to contend with record high home values, it may be welcome news that there are three states where prices are set to drop. California, New Jersey and Illinois have the highest concentration of local housing markets at greatest risk of a downturn this year, according to new data. Risk of prices dropping soon was measured by gaps in home affordability, the share of mortgages that were underwater, the percentage of homes facing possible foreclosure, and unemployment.
BANKING, SAVINGS & CREDIT CARDS
BUDGETING: HOW TO SPEND IT & HOW TO SAVE IT
How far $100 goes in each US state
While a $100 bill may seem like it holds the same value across the US, a fascinating new report shows that is far from the case. Massive differences in the cost of living - from groceries to housing to gas - across the country mean a so-called 'Benjamin' will buy much less in some areas than others. In fact, the purchasing power of $100 can vary as much as 26 percent across states, the study found.
CARS & ELECTRIC VEHICLES
Americans question Eric Trump's '$130 gas bill' - so does it add up?
Eric Trump is facing questions after he claimed he spent over $100 filling up his car with gas this month. The son of former president Donald Trump said during an interview on Fox News: 'It cost me $130 to fill up my SUV two days ago. People can't afford life anymore.' His comment has provoked skepticism among Americans on social media site X, with users questioning why it cost him so much for a tank of gas.