How does inflation affect real estate? Here’s what you need to know. – Entrepreneur | CarTailz

opinions expressed by entrepreneur Contributors are their own. With so much speculation about the outlook for the American economy and how inflation rates will change, those in the real estate market need to know how inflation can affect the real estate sector. Of course, passive income from an investment is always the goal, and the … Read more

Mortgage rates fall for second straight week – CNN | CarTailz

Mortgage rates fell again this week after falling almost half a percentage point last week. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.58% in the week ended November 23, compared to 6.61% the week before. A year ago, the 30-year fixed rate was 3.10%. Mortgage rates have risen for most of 2022, spurred … Read more

The future of parking is in New York — and it costs at least $300,000 a space — CNBC | CarTailz

Hidden deep beneath some of New York City’s most luxurious apartment buildings lies an exclusive world of futuristic parking lots where high-end vehicles are parked and picked up by robotic parking systems. The high-tech spots are a rare amenity in the Big Apple, and if you want your car to occupy one of these VIP … Read more

Investors owe very little in 2022 – CNN | CarTailz

A version of this story first appeared in CNN Business’s Before the Bell newsletter. Not a subscriber? You can login exactly here. new York CNN business — Americans are getting ready to celebrate Thanksgiving. But investors in the United States (and the rest of the world, for that matter) don’t have much to thank for … Read more

Mortgage Rates Plunge, Biggest Weekly Drop Since 1981 – CNN | CarTailz

Editor’s note: Freddie Mac, which has tracked weekly average mortgage rates since 1971 and has regularly made changes to its primary mortgage market survey, has changed the source of its November 17, 2022 data. Instead of surveying lenders, the weekly results are based on applications received from lenders submitted to Freddie Mac. Find out more … Read more

The Pros and Cons of Buying a Prefab Home – Lifehacker | CarTailz

photo: VIP man (Shutterstock) If you’re considering buying a home — or wondering if you ever will able to Buy a home – You probably know that the US housing market is in the midst of a wild ride right now. The pandemic sparked a global real estate boom and drove up house prices stunning … Read more

The Pros and Cons of Buying a Prefab Home – Lifehacker | CarTailz

photo: VIP man (Shutterstock) If you’re considering buying a home — or wondering if you ever will able to Buy a home – You probably know that the US housing market is in the midst of a wild ride right now. The pandemic sparked a global real estate boom and drove up house prices stunning … Read more

Crypto is in crisis. It’s not just because of FTX – CNN | CarTailz

new York CNN business — The stunning demise of FTX, one of the largest cryptocurrency exchanges, sent shockwaves through the crypto universe last week. Sam Bankman-Fried, the 30-year-old crypto titan and CEO of FTX, watched as billions of his wealth vanished in a bankruptcy filing that shook the trillion-dollar industry to its core. The pain … Read more

All eyes on the consumer ahead of Black Friday and the holidays – CNN | CarTailz

A version of this story first appeared in CNN Business’s Before the Bell newsletter. Not a subscriber? You can login exactly here. new York CNN business — It’s been a tough year for American consumers. inflation everywhere. Rapidly rising interest rates. A housing market that is starting to cool down. That raises a question with … Read more

It’s a terrible time to buy a home. Here’s what you should know if you need to do it anyway – CNN | CarTailz

There’s no glossing over it: This is a terrible time to be buying a home. Mortgage rates on a 30-year fixed rate loan are now over 7%, more than 4 percentage points higher than a year ago. According to Black Knight, a mortgage data company, this has reduced the purchasing power of a typical buyer … Read more