Opinion: How did homeowners get into home equity prison?
Rising credit card debt and high inflation are causing many homeowner to rethink staying in their low-interest rate mortgage loans.
Source: housingwire.com
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Fed's Michael Barr Uncertain Economy Can Have Soft Landing
It’s still too early to determine if the economy can have a soft landing, Michael Barr, vice chair for supervision at the Federal Reserve, said.
Source: pymnts.com
Corporate greed increasingly seen as 'major cause' of inflation: Poll
A new poll found 3 in 5 Americans now say corporate greed is a “major cause” of inflation. That’s a 15 percent jump to 59 percent from 44 percent in January 2022, according to a new poll from Navigator Research. The left-leaning polling and opinion research group surveyed 1,000 registered voters from Jan. 25-29. “After…
Source: yahoo.com
Percentage of Americans expecting improved financial situation highest in almost 4 years: Survey
Americans were more optimistic about their financial situations in January 2024 than they have been at any time since the pandemic began nearly four years ago, according to new data released Monday. In the January 2024 Survey of Consumer Expectations, released by the Federal Reserve Bank of New York’s Center for Microeconomic Data, more Americans…
Source: yahoo.com
New York Imposes New Limits on Credit Card Surcharges
New York state's new law limits credit card surcharges to the amount charged to the business by the card company and requires greater transparency about fees.
Source: pymnts.com