Heat pumps are becoming increasingly popular for residential housing with rising energy prices and the need to reduce the use of fossil fuel heating systems. Andrew Aitchison | In pictures | Getty Images Are you thinking of a domestic heat pump? New and expanded government incentives, coupled with a steep rise in utility costs, make …
His skin | E+ | Getty Images Thinking of retiring to another state? You’re not alone. A United Van Lines study found the percentage of people retiring to a new state rose to 18.3% in 2021 from 13.4% in 2015. However, making the move is not a simple decision, as there are a myriad of …
Here are some things to consider before deciding to retire in another state Read More »
CNN — Mortgage rates fell again this week, falling for the fourth week in a row. The 30-year fixed-rate mortgage averaged 6.33% in the week ending December 8, down from 6.49% the previous week, according to Freddie Mac. A year ago, the 30-year fixed rate was 3.10%. Mortgage rates have risen for most of 2022, …
Mortgage rates fall for the fourth consecutive week | CNN Business Read More »
Wall Street is on a five-day losing streak. The decline, as measured by the S&P 500 SPX, -0.19%, 3.6% isn’t so great, but it seems hopelessly inevitable once the benchmark fails to hold above its 200-day moving average. The relapse of every rally in 2022 is recognition that equities’ relationship with central banks has changed. …
Small-cap stocks are trading near a two-decade low against large-cap stocks. When the stock market rebounds next year, as many investment banking strategists expect, these smaller companies could outperform. Below is a screen of analyst favorite small cap stocks for 2023, taken from the S&P Small Cap 600 SML Index, that requires businesses to be …
Opinions expressed by Entrepreneur the contributors are theirs. Starting a business can be a long and difficult process. As a commercial real estate broker, I see businesses start up regularly. Observing these startups allowed me to see the benefits of good role delegation. Many sole proprietors are eager to take on the bulk of business …
5 people you need on your team to start a business Read More »
The German property market has been remarkably strong over the past two decades, but faces a severe price correction over the next two years, some analysts say. Tim Graham/Contributor/Getty Images The German housing market has been remarkably strong for decades, but faces a severe price correction over the next two years, analysts say. Mortgage rates …
German property market ripe for serious price correction, economists warn Read More »
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber ? You can register here. You can listen to an audio version of the newsletter by clicking on the same link. New York CNN Business — The global economy is weakening and consumers are feeling financially stressed. Gas …
Why the stock market is channeling Goldilocks | CNN Business Read More »
Home sellers should brace for a tough year ahead, with a real estate group predicting that property sales could fall in 2023 as more buyers are sidelined by rising mortgage rates and house prices out of reach. The number of homes sold will likely plunge 14.1% to 4.53 million homes, the lowest number of real …
Home sales could plunge in 2023. These cities could experience the biggest declines. Read More »
Americans looking to buy a home next year can expect less competition, more home choices and the highest average mortgage rates in nearly two decades. Here’s what they can’t expect: a general drop in prices that would relieve buyers of overpriced homes. That’s the main takeaway from Realtor.com’s 2023 real estate forecast released Wednesday. The …
Home prices are expected to continue to rise next year: Here’s where Read More »
