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Author: Swapna Venugopal Ramaswamy, USA TODAY

Money

Buying a house? Not now, many Americans say as frustration over economic conditions mount

May 20, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on Buying a house? Not now, many Americans say as frustration over economic conditions mount

The poll reflects the frustration of potential homebuyers. Few Americans think it is a good time to buy a house, even compared to the Great Recession.

Money

Is it better to rent or buy? The best house prices vary city to city

May 15, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on Is it better to rent or buy? The best house prices vary city to city

From 2016 to 2023, home prices in the 50 largest metros climbed 73%, whereas rent prices went up by 45%.

Money

Housing market on the rise? Mortgage rate dip has immediate impact on several aspects.

May 12, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on Housing market on the rise? Mortgage rate dip has immediate impact on several aspects.

The average rate on 30-year fixed mortgages dropped for the second consecutive week, leading to a quick impact to mortgage and refinance applications.

Money

KeyBank named ‘worst lender for Black borrowers’ will undergo ‘racial equity audit’

May 11, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on KeyBank named ‘worst lender for Black borrowers’ will undergo ‘racial equity audit’

A report found that KeyBank’s share of mortgage originations to Black borrowers was the lowest among the nation’s 50 largest home purchase lenders.

Money

7 in 10 metros saw home price gains in the first quarter of 2023. See where.

May 9, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on 7 in 10 metros saw home price gains in the first quarter of 2023. See where.

Among the major U.S. regions, the South saw the largest share of single-family existing-home sales (46%) in the first quarter.

Money

Single family homes for rent are getting more expensive. Here’s where prices are going up

May 7, 2023May 7, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on Single family homes for rent are getting more expensive. Here’s where prices are going up

Single-family rentals saw a 6% increase at the close of the first quarter of 2023 compared to the same period in 2022.

Money

Rising home prices, elevated mortgage rates: Why the spring housing market hasn’t bloomed.

April 28, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on Rising home prices, elevated mortgage rates: Why the spring housing market hasn’t bloomed.

Pending home sales decreased in March for the first time since November 2022, according to the National Association of Realtors.

Money

More ‘Golden Girls’ than ‘Friends’: Can home sharing be the answer to America’s housing affordability crisis? These housemates think so.

April 27, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on More ‘Golden Girls’ than ‘Friends’: Can home sharing be the answer to America’s housing affordability crisis? These housemates think so.

The arrangement’s popularity is fueled by rising rents and the increasing carrying costs of owning a home.

Money

Renting a room in your home? Consider these things before opening up your doors

April 27, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on Renting a room in your home? Consider these things before opening up your doors

The key to a successful home sharing arrangement is compatibility, so taking personal inventory and listing out what you want is important.

Money

The Daily Money: BuzzFeed shuts down news division, lays off 15% of staff

April 20, 2023April 20, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on The Daily Money: BuzzFeed shuts down news division, lays off 15% of staff

BuzzFeed News, the Pulitzer Prize-winning news website known for popularizing listicles, is shutting down.

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