Category: Economy

On June 3, President Joe Biden signed a debt limit bill, averting a potential U.S. default. The debt limit, also known as the debt ceiling, is a crucial aspect of the country's fiscal management. In this blog post, we will …Read more  »

The current housing market means you’ll likely pay top dollar for a home that’s considered turnkey — immediately ready for you to move in. Plus, the competition is steep. Perhaps those two reasons are why 52% of American homebuyers are …Read more  »

The Federal Housing Finance Agency (FHFA) recently announced changes to the loan-level price adjustments (LLPAs) for borrowers with conventional mortgages backed by Fannie Mae or Freddie Mac. The changes, which are set to take effect on May 1, 2023, will …Read more  »

Housing Shortage in the U.S. The United States is facing a housing shortage, and it is affecting millions of Americans. The demand for housing has increased dramatically in recent years due to factors such as population growth, a strong economy, …Read more  »

Real estate, often hailed as a path to financial prosperity, has captured the imagination of countless individuals seeking wealth and financial security. But beneath the promise of lucrative returns lies a fundamental question: Do people truly make a lot of …Read more  »

Passive income is income that you earn without having to actively work for it. Real estate is a popular investment for small investors who want to generate passive income. There are a few different ways for small investors to make …Read more  »

What is Real Estate Income? Real estate income is a passive income stream that can be generated from rental properties, real estate investments, or other real estate-related activities. It is a popular way to build wealth and financial security, as …Read more  »

According to the provided web search results, Silicon Valley Bank (SVB) collapsed in March 2023 after customers began frantically withdrawing their deposits following the announcement of a $1.8 billion loss and credit downgrade. The collapse is the biggest bank failure …Read more  »

In 2010, foreclosure rates peaked amid what became known as the "foreclosure crisis." The housing bubble, foreclosures, and mortgage-backed assets devalued due to subprime mortgage delinquencies. Since then, U.S. foreclosure rates have fallen. After the COVID-19 pandemic, thousands of individuals …Read more  »