Por: The New York Times Business January 02, 2023
It’s a perennial question for would-be home buyers: How can I possibly come up with such a huge down payment?The short answer, usually, is you don’t have to.Most first-time home buyers (and even many repeat buyers) don’t have the 20 percent down payment needed to qualify for the lowest mortgage rates and to avoid extra costs like mortgage insurance.Even if you’ve managed to amass a reasonable sum, your down payment doesn’t buy you as... + full article
ABC News USA Business December 14, 2022
NEW YORK -- A unit of American International Group that played an outsized role in the 2008 global financial crises is nearing its official end. AIG said Wednesday in a filing with the U.S. Securities and Exchange Commission that its Financial Products unit has filed for Chapter... + más
AIG unit that had big role in 2008 crisis nears official end | Associated Press
The practical impact of Bernanke's Nobel-prize research? It's why economists think U.S. might escape with a mild recession this time | MarketWatch
Associated Press USA Business December 14, 2022
FILE - The American International Group logo at the company's headquarters in New York is pictured on Jan. 9, 2013. AIG said Wednesday, Dec. 14, 2022, that its Financial Products unit has filed for Chapter 11 bankruptcy protection. (AP Photo/Bebeto Matthews, File)FILE - The... + más
AIG unit that had big role in 2008 crisis nears official end | ABC News
CBS News USA Politics December 10, 2022
Surging mortgage rates aren't just raising the cost of purchasing a new home. An alarming number of recent homebuyers have discovered they already owe more on their property than it's worth, according to a new analysis.Some 250,000 people who took out a mortgage this... + más
Louisiana still last in US in key home equity stats; Baton Rouge area worst among metros | The Advocate
CBS News USA Business November 29, 2022
For the first time, the federal government will back mortgages of more than $1 million, a move that reflects the run-up in home prices across much of the nation. The Federal Housing Finance Agency (FHFA) on Tuesday the maximum size of home-mortgage loans eligible for backing... + más
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Los Angeles Times USA Nation November 08, 2022
Here is a last-minute guide for voters still trying to decide how to cast their ballots. It includes California propositions, statewide offices and key congressional races. California voters are being asked to decide on issues as diverse as abortion rights, kidney dialysis,... + más
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CNBC USA Business October 27, 2022
nd3000 iStock Getty ImagesDespite signs of a cooling housing market, home prices are still relatively high, resulting in bigger down payments. Over the past year, average down payments in the country's 50 biggest metros have grown by more than 35%, according to a , based... + más
Digital payments: Which industries would benefit the most? | Business Insider
With high house prices, down payments peaked in 2022. They increased the most in these 5 cities. | MarketWatch
MarketWatch USA Business October 01, 2022
That’s when a home equity conversion mortgage comes into play. Most people think of , as they’re commonly called, as the last-gasp attempt to stay in your house when you’ve run out of money in retirement. But even before they get into financial trouble, some seniors are... + más
4 ways a reverse mortgage can help you | CBS News
Coco Austin, Ice-T's wife, defends bathing 6-year-old daughter in sink | Newsweek
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