Lower mortgage rates provide relief for potential homebuyers, but there’s a catch: there aren’t enough houses on the market to keep up with demand. So potential buyers are facing an affordability crunch.
Author: Jessica Menton, USA TODAY
Stocks on track for best quarter in decades
Stocks are headed toward their best quarter in more than two decades, an about-face after Wall Street posted its worst period since the 2008 financial crisis in the first three months of the year.
Dow rebounds 500 points on recovery hopes after selloff
Stocks rose Monday after last week’s selloff as investors weighed a resurgence in coronavirus cases and the possibility of further lockdowns with hopes of more monetary stimulus.
Dow drops 700 points, caps week with losses as virus cases surge
Stocks slid Friday, as investors weighed the Fed’s move to temporarily suspend shareholder payouts by big banks ahead of a potential recession.
Dow rallies 300 points, rebounding from selloff
Stocks staged a comeback in the final trading hour Thursday, propelled by bank shares as investors weighed prospects for an economic turnaround.
Is July 15th still tax day? Treasury may consider delaying deadline to Sept. 15, Mnuchin says
Treasury Secretary Steven Mnuchin left the door open to extending the July 15 tax deadline for a second time as Americans grapple with the economic fallout from the pandemic.
Dow drops 700 points as virus cases surge, IMF cuts global outlook
Stocks fell Wednesday on worries over the prospects of a quick economic recovery after the IMF projected the global recession will be worse than initially expected.
Ouch! COVID-19 is forcing some people to put retirement on hold
About 30% of employed investors say it’s very or somewhat likely they will delay retirement due to the pandemic, according to a Wells Fargo survey.
Stocks notch gains on recovery hopes
U.S. stocks extended gains Tuesday, as investors weighed the prospects for an economic recovery as more businesses reopen.
A dream home, a vintage school bus and quirky roller skates: Here’s what couples are buying with their pandemic wedding funds
Wedding bells won’t be ringing for many couples this summer after the pandemic forced Americans to cancel or postpone their nuptials. But some are using the money to buy their dream home, or make quirky purchases from a bus to roller skates.
&…