A For Sale sign displayed in front of a home on February 22, 2023 in Miami, Florida. Joe Raedle | Getty Images Mortgage demand has increased for three straight weeks now, as interest rates dropped in response to the recent bank failures. But rates are rising again, and that could put a damper on application
A “For Sale” sign outside of a home in Atlanta, Georgia, on Friday, Feb. 17, 2023. Dustin Chambers | Bloomberg | Getty Images Sales of previously owned homes rose 14.5% in February compared with January, according to a seasonally adjusted count by the National Association of Realtors. That put sales at an annualized rate of
The Manhattan loft where Heath Ledger passed away just more than 15 years ago has sold for $14.25 million, The Post has learned. Located in Soho, at 419-421 Broome St., Ledger had rented the 4,400-plus-square-foot unit for roughly $25,000 a month. Property records obtained by The Post show the home sold last month to an
Amid turmoil in the financial sector and uncertainty ahead, the Federal Reserve will likely approve a 0.25 percentage point increase at this week’s policy meeting. That will mark one year since the central bank began the current rate-raising cycle. Over the last 12 months, inflation spiked to a 40-year high and only recently started
Tetra Images | Tetra Images | Getty Images The recent banking crisis has fueled concern of a “credit crunch” and the resulting negative impact on households, businesses and the U.S. economy. But what is a credit crunch and how might you prepare? Loans would be tougher to get related investing news Demand for Fed help
Global warming has already caused irreversible damage to the earth’s ecosystems and communities, according to a critical report just issued from the United Nations Intergovernmental Panel on Climate Change. The damage is extending to the U.S. housing market, which just saw unprecedented snow and flooding in California, as well as unusual winter tornados in the
Fashion designer Tommy Hilfiger has given the world a look inside his luxury mega yacht, which is currently on the market for $46 million. If that sounds out of your budget, the 203-foot yacht Flag is also available to charter at a cost of about $402,000 to $444,000 per week for summer cruising in the Mediterranean and
Christian McCaffrey is saying goodbye to the North Carolina penthouse he lived in during his time with the Panthers. McCaffrey, 26, was drafted by the team as a rookie in 2017, first renting an apartment until he bought this Charlotte unit for $2 million in 2019, according to the Wall Street Journal. Listed for $3.75
A technicolor fever dream of the house from “The Brady Bunch” is looking for a new owner. In the California desert resort city of Palm Springs, this stunning midcentury-modern home has barely been redecorated in 54 years. Located at 2055 S Joshua Tree Place, the rainbow-themed three-bedroom, three-bathroom property was built in 1969 and visually
Commuters make their way along a street amid smoggy and foggy conditions early in the morning in Lahore on January 3, 2023. Arif Ali | AFP | Getty Images About 90% of the global population in 2022 experienced unhealthy air quality, and only six countries met the World Health Organization’s recommendations of safe air pollutant
Once home to both the modernist artist Georgia O’Keeffe and the business magnate Paul Allen, this sprawling property is looking for a new owner — for $15 million. The New Mexico estate boasts a total of 21 bedrooms and 26 bathrooms spread over multiple buildings. It first listed for $22.6 million in 2021 — and
Demand for mortgages increased for the second straight week, despite some volatility in mortgage rates. Total application volume rose 6.5% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 6.71%
Catherine Delahaye | Getty Taking a loan against your 401(k) savings is generally a bad idea — but using the money as a short-term “bridge loan” may be an exception, according to Blair duQuesnay, a certified financial planner based in New Orleans. “I’ve always been very anti-401(k) loan,” duQuesnay said. “However, I have found there
Viorel Kurnosov | Istock | Getty Images With roughly two more months before the U.S. Department of Health and Human Services ends the three-year Covid public health emergency, more than 5 million of the nation’s households remain behind on their rent. All together, tenants continued to owe nearly $11 billion in rental debt during the