Residential Real Estate

What Taxes Are in Democrats’ Big Bill?

What Taxes Are in Democrats’ Big Bill?

By Lisa Mascaro | The Associated Press | August 8, 2022 | Reprints

Democrats’ compromise of health care, climate change and deficit-reduction strategies is paid for largely with new corporate taxes, including a 15 percent minimum tax on big corporations to ensure they don’t skip out on paying any taxes at all,

Mortgage Rates Under 5 Percent for First Time Since April

Mortgage Rates Under 5 Percent for First Time Since April

By Matt Ott | The Associated Press | August 4, 2022 | Reprints

The average long-term U.S. mortgage rate fell below 5 percent for the first time in four months, days after the Federal Reserve jacked up its main borrowing rate in an aggressive effort to get inflation under control.

Study: Millennials Didn’t Stray Far from Where They Grew Up

Study: Millennials Didn’t Stray Far from Where They Grew Up

By Mike Schneider | The Associated Press | July 25, 2022 | Reprints

Millennials who move far from childhood homes are a distinct minority among others who reached adulthood in the 21st century, according to a new study by the U.S. Census Bureau and Harvard University researchers released Monday.

Act Quickly to Avoid Foreclosure

By Lew Sichelman | July 21, 2022 | Reprints

Experts say that a 2008-style housing crash is unlikely to happen now, if only because lending standards are much tighter than they were prior to the Great Recession. Still, foreclosures are starting to tick upward.

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