Orna Guralnik on Showtime’s “Couples Therapy.” Source: Showtime During my upbringing, my father often repeated a saying he learned from his grandmother as a child: “When money doesn’t come through the door, love goes out the window.” This proverb can be traced back to a 19th-century painting by George Frederick Watts titled “When Poverty Comes …
Most homeowners have plans for future remodeling projects, but not all will see a significant increase in home value. Data from the Contractor Growth Network reveals that bathroom renovations are the most popular home improvement projects, followed by kitchen and basement renovations. While some homeowners may recoup their investment when selling their homes, most renovations …
As interest rates have risen, homebuyers have faced higher borrowing costs. In response, more home purchasers are choosing to buy mortgage points to mitigate the impact of increased monthly payments. Mortgage points allow buyers to pay an upfront fee in order to lower the interest rate on their loans. In some cases, sellers may assist …
After more than a year of consistently increasing rates, the Federal Reserve decided to maintain its target federal funds rate on Wednesday. However, this offers little relief for households who continue to face high borrowing costs. Economist Tomas Philipson predicts that rates will not decrease and, in fact, borrowing costs are likely to climb even …
Financial experts predict that the Federal Reserve will temporarily halt its aggressive interest rate increases in its upcoming meeting. However, consumers are unlikely to see any relief, even with the pause. The central bank has implemented 10 interest rate hikes since last year, the fastest it has done so since the 1980s. Unfortunately, inflation has …