Why homeownership may not be for everyone

Jannese Torres is the founder of the blog Delish D’Lites and the podcast “Yo Quiero Dinero.” Photo Jannese Torres In her upcoming book, “Financially Lit!: The Modern Latina’s Guide to Level Up Your Dinero & Become Financially Poderosa,” author Jannese Torres discusses how she became the first woman in her family to graduate from college, … Read more

Sydney home missing a large section of roof sells for almost $3 million

A Sydney home missing most of its roof has sold for nearly $3 million at auction. The three-bedroom home at 89 Fitzroy St, Burwood, in Sydney’s inner west, sold for $2,750,000 in April. Incredible images of the home show its roof has completely caved in. Newsletters: Breaking news as it happens. Subscribe now Other images … Read more

Historic estate in Montana, in the US for sale for $15, but there’s a catch

Historic preservationists and architecture enthusiasts could soon own their own slice of American history at a bargain price. A historic manor home has been listed for sale for just $US10 ($A15), putting it in the running for one of the world’s cheapest homes. But at such a low price, comes an expensive catch — the … Read more

Mortgage rates hit highest level of the year, and could go even higher

Homes in Rocklin, California, on Tuesday, Dec. 6, 2022. David Paul Morris | Bloomberg | Getty Images The average rate on the popular 30-year fixed mortgage crossed over 7% on April 1, according to Mortgage News Daily, and it just kept going. It now sits right around 7.5%, the highest level since mid-November of last … Read more

March homes sales dropped despite a surge in supply. Here’s why.

Prospective buyers attend an open house at a home for sale in Larchmont, New York, US, on Sunday, Jan. 22, 2023.  Tiffany Hagler-Geard | Bloomberg | Getty Images Sales of previously-owned homes dropped 4.3% in March compared with February, to a seasonally adjusted, annualized rate of 4.19 million units, according to the National Association of … Read more

Regional bank failures may be ahead, Former FDIC head Bair warns

Regional bank earnings may expose critical weaknesses, according to Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corp. Their quarterly numbers begin hitting Wall Street this week. “I’m worried about a handful of them,” Bair told CNBC’s “Fast Money” on Tuesday. “I think some of them are still overly reliant on industry deposits, … Read more

Australian Idol host Ricki-Lee Coulter moves into same luxury Sydney apartment complex as Delta Goodrem

Singer, radio star and Australian Idol host Ricki-Lee Coulter has new luxury digs in Sydney — and one of her neighbours is an equally famous songstress. Coulter and her husband Richard Harrison have moved to a new Darlinghurst apartment overlooking Hyde Park after the $2.5 million sale of their Avalon Beach home. WATCH THE VIDEO … Read more

NSW’s cheapest freestanding home is located in Bourke and on the market for just $49,000

The cheapest freestanding home on the market in NSW is selling from $49,000 — but there’s a catch. Located in Bourke, in NSW’s northwest, the home is referred to as “cheap as chips” in the online listing. The average house price in Sydney was $1,595,310 in December last year, according to Domain’s House Price Report. … Read more

Macy’s, Arkhouse take-private fight continues after proxy settlement

Shopping bags in front of the Macy’s Inc. flagship store in the Herald Square area of New York, US, on Monday, Nov. 13, 2023. US holiday sales will grow at a slower pace this year amid economic headwinds such as higher interest rates, the National Retail Federation said.  Bing Guan | Bloomberg | Getty Images … Read more

Vietnamese property tycoon sentenced to death in financial fraud case

Vietnamese property tycoon Truong My Lan (C) looks on at a court in Ho Chi Minh city on April 11, 2024. A top Vietnamese property tycoon could face the death penalty when she and dozens of other co-accused face verdicts on April 11 in one of the country’s biggest fraud cases over the embezzlement of … Read more