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12 Mistakes People Make While Paying Off Debt That Only Cost Them More

October 15, 2021 Alyssa Comments Off

Finance.yahoo.com: Ours is a nation steeped in debt. The average American has $90,460 in money owed, according to a CNBC report. This past spring, American household debt hit a record-smashing $14.6 trillion according to the […]

Credit and Debt

The Great Debt Crisis of Our Lifetimes is Approaching

ZeroHedge.com: The Great Debt Crisis of our lifetimes is approaching. As S&P Global recently noted, global debt has just hit $300 TRILLION for the first time in history. As if [...]
Corona Virus

‘A Scary Number’ of Retail Companies are Facing Bankruptcy Amid the Coronavirus Pandemic

Yahoo Finance: Another one dies, while one averts death…for now. New York City-based department store chain Century 21 said Thursday it filed for bankruptcy and will shut its 13 locations that for [...]
Housing Market

America’s 40-Year Housing Market ‘Tailwind’ Could be Coming to an End — With Rising Mortgage Rates and Worsening Affordability

MarketWatch.com: Americans’ home-buying power could diminish in the months ahead, according to a new report. As home prices continue to grow — albeit at a slower pace — Americans are [...]
Economy

Millennials Are Not Only Buying Homes, They’re Buying Multimillion-Dollar ‘Starter’ Homes

BusinessInsider: Wealthy millennials are buying multimillion-dollar “starter houses,” in cities like Austin and Aspen, per a Bloomberg report.Millennials may have rented for longer than past generations, but they now make up the largest [...]
Housing Market

Red-Hot Housing Market Fuels Mortgage Borrowing Record

FoxBusiness.com: Lenders issued an estimated $1.61 trillion in purchase mortgages in 2021. Americans borrowed more than ever to buy homes in 2021. Advertisements Advertisements Mortgage lenders issued $1.61 trillion in [...]
Corona Virus

Overheated Real Estate Market Begins to Cool

NYTimes.com: Supercharged by tight inventory and pent-up demand, home prices continued to rise in July, but at a slower rate. Advertisements Advertisements The pandemic created a frenzied real estate market [...]