If you’re stretching toward a home purchase, anything that shrinks the pile of cash you need at closing looks pretty appealing. Homebuying assistance programs — usually in the form of help with your down payment or closing costs — could mean affording to buy now instead of waiting. Jeffrey Ruben, president of WSFS Home Lending...
‘Low-trust’ fraud detection practices have created an unsustainable situation, new report says.
You might assume you’re covered for repairs after a disaster because you have homeowners insurance. Unfortunately, you could be wrong.As extreme weather becomes more frequent and destructive, homeowners across the country are discovering gaps in their insurance policies — after the damage has already been done. Insufficient coverage limits may leave them without enough money to...
Stacker compiled a list of cities with the most expensive homes in Alabama using data from Zillow.
The Federal Reserve raised its benchmark interest rate by a quarter percentage point on Wednesday, taking the federal funds target range to 3.75%-4% and raising the costs of taking on debt for consumers.It’s the first rate hike under recently appointed Fed Chair Kevin Warsh and the first since 2023, and it comes as inflation remains...
The Federal Reserve just raised the target for the federal funds rate 25 basis points, or a quarter of a percentage point. It's the first increase to the funds rate since July 2023. Mortgage rates, on the other hand, have been rising since late April — and this week rates took a more decisive upward...
A combination of shifting climate risk and ongoing regulatory changes has led to dramatic increases in average home insurance costs in parts of the U.S.
The U.S. Small Business Administration (SBA) will host an information session on small business funding through its loan programs in Selma on May 6.
Communities Unlimited (CU), a nonprofit Community Development Financial Institution (CDFI), has extended its lending program to businesses in …
The Montgomery County Commission may reallocate remaining American Rescue Plan Act funds to help small businesses.
