The tide is finally starting to turn
| |  | | June 25, 2025 | | | | | | | | New Hope for House Hunters | By Keith Wagstaff
It's been a brutal couple of years for people looking to buy a house.
Since 2021, mortgage rates have more than doubled to the high 6% range, while prices have continued to rise.
It's been the perfect storm for a prohibitively expensive market with very little to choose from. Buying the typical home with a mortgage now means signing up for a monthly housing payment of $2,820, just shy of the record high.
But this spring, signs emerged that the tide was starting to turn.
Although mortgage rates haven't budged, homeowners are more willing to sell. The combo of persistently reluctant buyers + newly motivated sellers = more wiggle room to negotiate. Experts say that even if it's not officially a buyer's market, it's certainly a more balanced one.
| | | | | | | | | | Pros and Cons of Using Your Credit Card During a Crisis | | | By David Wolinsky
When you're in a crisis and economic circumstances feel anything but normal, should you rethink the way you're using your credit cards?
While carrying debt from one month to the next isn't something to be thrilled about, it might be worth it if it means getting the things you need to live.
Here's what to consider before using credit cards during an emergency.
| | | | | | | | | | EMILLI | | | | | No, it's not the latest baby-name trend, but shorthand for Everyday Millionaires, a burgeoning segment of the world's population. The term, coined by UBS in its latest Global Wealth Report, refers to folks with assets of $1 million to $5 million.
While Everyday Millionaire might seem like an oxymoron, the investment bank said there's a pretty everyday reason driving the growth in their ranks: surging real-estate prices. Even as property values price many Americans out of the housing market, they're significantly raising homeowners' net worth.
The number of EMILLIs around the world has more than quadrupled since 2000, hitting 52 million at the end of last year, according to UBS.
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