Plus, 5 tips if you want to buy a home this year
| | | | May 19, 2025 | | | | | | | | Mortgage Rates Might Not Go Down. What Now? | By Keith Wagstaff
Homeownership is getting harder to afford — and it might stay that way. With real estate prices still sky-high and mortgage rates lingering above 6%, monthly payments are stretching buyers to the limit. Experts warn these conditions could be the new normal, forcing would-be homeowners to rethink their strategy. So what can you do to navigate this tough market — and is there any relief in sight? | | | | | | | | | | 5 Things to Do If You Don't Want to Wait to Buy a House | | | By Lora Shinn
Let's face it: Between high mortgage rates and steep property prices, buying a house can be prohibitively expensive these days.
But waiting for conditions to improve could take a while.
So what can you do? Some people who are tired of putting off a move are stomaching the high mortgage costs with the goal of refinancing their loan if and when rates drop in the future. But if you can't afford to do that, it's not hopeless.
Here are five things to do if you want to buy a house this year. | | | | | | | | WEEK AHEAD ON WALL STREET | | | | Week Ahead on Wall Street | | | By Mario Ismailanji
For financial markets, this week is the kind of week that, on the surface, might seem like a good time to catch your breath. There aren't any real headline-grabbing economic releases or major earnings announcements on the calendar.
Relatively few scheduled events don't necessarily indicate a period of calm, however. Fewer catalysts often mean less urgency for traders to take big positions. But thinner trading volumes can be a double-edged sword. While it might mean a more subdued market if all remains quiet, it can also amplify the impact of any unexpected developments. | | | | | | | | | | Young adults are rethinking what "making it" really means in today's economy. (CNBC) | | | | | | | | | | | Intel, insights, and inspo for your money. | | On the Money cuts through the noise of day‑to‑day financial news to bring you a more thoughtful point of view on what's important in this moment — and how it impacts your bottom line. We value your trust above all. | | | | | | | | | | Did you find today's newsletter valuable? | | | | |
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