New tariffs on imported wood and certain wood products took effect on Tuesday. Softwood timber and lumber are now subject to 10% tariffs under a proclamation signed by President Donald Trump last month. Trump also imposed 25% import taxes on upholstered furniture, kitchen cabinets, and bathroom vanities. Those rates are slated to increase again on…
(NewsNation) — Few are winning in today’s housing market, but that doesn’t mean affordability will be out of reach forever. A new Redfin analysis suggests housing costs could return to “normal” by 2030 if price growth stabilizes, incomes continue to rise and mortgage rates dip to 5.5%. “The path back to normal housing costs doesn’t…
Student housing budgets in the UK have increased by 15%.The rise is due to higher rents, more international students, and a growing preference for premium student accommodation, according to the latest report by Graddinghomes. At the same time, government loans are not keeping up with actual living costs, pushing many students to seek financial help…
Is a fully paid-off home in retirement really worth it? Not for all US retirees — here’s why Retirees have more mortgage debt than ever before. According to a report from the Joint Center for Housing Studies of Harvard University, the share of homeowners ages 65 to 79 with a mortgage on their primary home…