The share of mortgages with a rate below 6% has fallen from last year's record high, indicating that some homeowners have given up their lower rate to move, according to a recent Redfin report.
Certain states are seeing an uptick in listing as more homeowners are considering selling.
Student loan borrowers dealing with serious financial hardship may qualify for Biden's new round of student loan forgiveness.
Six in 10 student loan borrowers have missed payments since the student loan payment pause ended in October after a 42-month payment and interest accrual pause, a recent Intelligent.com survey said.
Young entrepreneur Tyla-Simone Crayton, founder of Sienna Sauce, faces a setback as Target discontinues their product, prompting a community-wide rally to support and keep the local brand thriving in Houston.
Texas Senator John Cornyn has introduced new legislation, known as the 'Workforce Reentry Act,' aimed at facilitating job opportunities for individuals released from prison.
Nike is laying off 2% of its corporate workforce as it contends with weaker consumer spending.
Mortgage interest rates for 30-year mortgages rose to 6.77% this week, up from 6.64% last week.
A shutdown oil refinery has led to a large increase in gas prices across the country.
The U.S. Department of Education is stepping in to support colleges in sending out financial aid awards sooner to students after an inflation fix to the new FAFSA form delayed the timeline.
Target's new dealworthy low-cost brand will include everyday items like power cords, undergarments, socks, laundry detergent, dish soap and more.
Fannie Mae survey said that homebuyers feel better about mortgage rates but still don't think now is a good time to buy a home.
Internet networking pioneer Cisco Systems is jettisoning more than 4,000 employees, joining the parade of technology companies in a trend that has helped boost their profits and stock prices while providing a sobering reminder of the job insecurity hanging over an industry increasingly embracing artificial intelligence.
Inflation slowed from December to January, but remained above the sub-3% growth economists had expected, according to the Consumer Price Index.
Over 88% of home loan borrowers have mortgage rates below 6% or 5%, leaving current rates still on the high end.
Consumers were thrifty with their spending in 2023, but major purchases like homes and vehicles are expected to rise in 2024.
We're spotlighting a small Black-owned business for Valentine's Day! FOX 26's Chelsea Edwards is at B's Wine Bar in Missouri City with more from the owner Bonita Billings.
One local small business is helping Houstonians elevate their brand from embroidery to screen printing and laser engraving. FOX 26's Ruben Dominguez has a look inside "Lamont Brands" with their services.
Financial markets had a significant selloff after the government reported January inflation was higher than expected. FOX 26 Business Reporter Tom Zizka says for customers, the news is something many already know.
Affordability challenges aside, 78% of millennial respondents in a recent Real Estate Witch survey still believe in the dream of homeownership.