Fed rate hike sends mortgage rates soaring past 4%

Fed rate hike sends mortgage rates soaring past 4%

Following the Federal Reserve's decision to raise rates, mortgage rates surged past 4% this week for the first time since 2019, according to Freddie Mac.

Following the Federal Reserve's decision to raise rates, mortgage rates surged past 4% this week for the first time since 2019, according to Freddie Mac.

Sen. Murray urges Biden to extend student loan payment pause until 2023

Sen. Murray urges Biden to extend student loan payment pause until 2023

The Washington senator wants to postpone the restart of federal student loan repayment until 2023 to address issues with the “broken” borrowing system.

The Washington senator wants to postpone the restart of federal student loan repayment until 2023 to address issues with the “broken” borrowing system.

'Competitive' spring homebuying season is starting early this year, industry analyst says

'Competitive' spring homebuying season is starting early this year, industry analyst says

Despite higher prices, a recent decrease in mortgage rates and stabilizing inventory levels may be advantageous for homebuyers in the coming months, one economist recently said.

Despite higher prices, a recent decrease in mortgage rates and stabilizing inventory levels may be advantageous for homebuyers in the coming months, one economist recently said.

Netflix to launch test that requires subscribers to pay for users outside household

Netflix to launch test that requires subscribers to pay for users outside household

Netflix says it is testing a new feature for its members in Chile, Costa Rica and Peru, requiring users to add “sub accounts” for up to two people they don’t live with — and it will come at a cost.

Netflix says it is testing a new feature for its members in Chile, Costa Rica and Peru, requiring users to add “sub accounts” for up to two people they don’t live with — and it will come at a cost.

Federal Reserve raises interest rates: What to do now

Federal Reserve raises interest rates: What to do now

In order to fight decades-high inflation levels, the Federal Reserve raised rates for the first time since 2018 on Wednesday.

In order to fight decades-high inflation levels, the Federal Reserve raised rates for the first time since 2018 on Wednesday.

CD sales in US increase for 1st time in nearly 20 years

CD sales in US increase for 1st time in nearly 20 years

U.S. sales for physical CDs in 2021 increased for the first time since 2004, according to recent data published by the Recording Industry Association of America.

U.S. sales for physical CDs in 2021 increased for the first time since 2004, according to recent data published by the Recording Industry Association of America.

Starbucks CEO Kevin Johnson to retire; founder Howard Schultz to be interim chief

Starbucks CEO Kevin Johnson to retire; founder Howard Schultz to be interim chief

Starbucks President and CEO Kevin Johnson said Wednesday he will retire next month, and former CEO and company founder Howard Schultz will replace him on an interim basis. 

Starbucks President and CEO Kevin Johnson said Wednesday he will retire next month, and former CEO and company founder Howard Schultz will replace him on an interim basis. 

Housing affordability tightens as majority of US sees double-digit home price growth in Q4 2021: NAR

Housing affordability tightens as majority of US sees double-digit home price growth in Q4 2021: NAR

Though home prices appreciation is slowing, growth remains strong as many metropolitan areas across America saw double-digit increases in the fourth quarter of 2021, according to the NAR.

Though home prices appreciation is slowing, growth remains strong as many metropolitan areas across America saw double-digit increases in the fourth quarter of 2021, according to the NAR.