Assets in money market funds hit $6.3 trillion the week ended Wednesday, another record high, according to the Investment Company Institute.
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While inventory of unsold homes in the housing market in each of the last two years headed higher during September and October due to mortgage rate spikes, we’re seeing a more normal seasonal pattern now with inventory beginning to decline. We’re also seeing more home sellers withdrawing their listings to try again next year. In…
Miami stands as one of the most dynamic and valuable real estate markets in the United States. While not yet reaching the trillion-dollar mark, Miami‘s total real estate value, including both residential and commercial properties, was estimated at approximately $650 billion as of 2023, according to the Miami Association of Realtors. This places Miami among…
Homeowners insurance costs are higher now than they have typically been, which has the potential to hit those living on a fixed income particularly hard. This could be one reason why a local NBC-TV affiliate in New Orleans is reporting that more of the community’s seniors are turning to reverse mortgage products as they seek…