2027 COLA Could Hit 3.8%—Why Seniors Are Still Falling Behind as Housing Costs Explode
Inflationary pressure could mean one of the biggest boosts to Social Security benefits in nearly five years, but as essential housing costs outpace inflation, the bump could still fall short of many seniors' needs. A new estimate from AARP projects a 3.6% Social Security cost-of-living adjustment,
Homeowners Are Randomly Finding Dryer Sheets in Their Mailboxes—Here’s Why You Should Leave Them There
Imagine you open your mailbox. Inside, there’s a couple of bills, a postcard, and then, what’s this? A dryer sheet? You wonder how it got in there. Is someone playing a laundry-themed practical joke? There’ve been reports from homeowners across the country who are finding dryer sheets in their mailb
Rent vs. Buy: Is Renting Cheaper Than Buying a Home Right Now?
Renting remains more economical than buying a home, as a surge in new supply continues to drive prices down across the country. “Rent continues to fall in many of the major metros across the United States for a variety of reasons,” explains Joel Berner, a senior economist at Realtor.com®. “The bigge
Rising Mortgage Rates Drive Down Home Loan Application Demand
Mortgage applications suffered another setback last week as rising interest rates dragged down demand for home loans, according to the Mortgage Bankers Association. For the week ending July 10, MBA's Market Composite Index—a measure of total mortgage loan application volume—shed 2.7% on a seasonally
Categories
Recent Posts
