Young Americans are leaning towards cryptocurrency over traditional banks. This shift is driven by their desire for more control and transparency over their money. Recent studies show that nearly half of Gen Z has used a crypto exchange, and over a third own or use crypto. This generation values th
The stock market is always on the move, and this week is no different. Let's break down what's happening. First up, the energy sector is leading the pack. It's up by 2. 3%, making it the top performer among the S&P 500 sectors. Companies like EQT, Texas Pacific Land Trust, and Expand Energy are see
In December, the housing market saw a big drop in pending home sales. This means fewer people signed contracts to buy homes compared to the month before. Experts thought there might be a small increase, but instead, there was a big decrease of 9. 3%. This drop was felt all over the U. S. , with only
In a bold move, a Pennsylvania lender, Newrez, is set to accept cryptocurrency as part of mortgage applications starting next month. This shift aligns with a broader trend, as the US Federal Housing Finance Agency (FHFA) directed Fannie Mae and Freddie Mac last year to explore crypto's role in home
In a surprising turnaround, home prices in the UK have climbed to new heights just after the holiday season. This unexpected jump follows a period of decline, which many believe was caused by worries about the finance minister's budget announcement. Experts are now seeing a shift in the housing mar
The UK housing market is showing small signs of improvement. This is after a long period of uncertainty. Surveyors are now feeling more positive about the future. This is due to a few key factors. First, the finance minister's tax plans are now clearer. There was a lot of worry about possible tax i
Bill Pulte, a key figure in housing, recently shared some big news. He said President Donald Trump is taking strong steps to lower home prices and mortgage rates. Pulte believes these moves could make a huge difference for people who want to buy a home. Pulte talked about two main actions Trump is
Home loans are getting cheaper. This is big news for people who want to buy a house. But why is this happening? Let's break it down. The government is stepping in to help. They told two big companies, Fannie Mae and Freddie Mac, to buy lots of home loans. This is a lot of money. It's $200 billion.
Mortgage rates took a nosedive recently, hitting a near three-year low. This drop came right after a big announcement about Fannie Mae and Freddie Mac buying more mortgage bonds. The idea is to make homeownership more affordable by lowering monthly payments. Fannie Mae and Freddie Mac don't give ou
President Donald Trump recently made a big announcement. He wants to buy $200 billion in mortgage bonds. He believes this will make homes more affordable. Trump shared this plan on Truth Social. He said Fannie Mae and Freddie Mac have lots of money. So, he thinks now is a good time to act. But who
