Personal Finance Daily: U.S. existing-home sales fall for the seventh straight month in August and the Fed is about to inflict ‘some pain’ with a 75-basis-point rate hike — here’s how to prepare your wallet and your portfolio

by | Sep 21, 2022 | Stock Market

Hi, MarketWatchers. Don’t miss these top stories.Brace yourself: The Fed is about to inflict ‘some pain’ with a 75-basis-point rate hike. Here’s how to prepare your wallet and your portfolio. This marks the Federal Reserve’s third 75-basis-point rate hike this year. Read More

U.S. existing-home sales fall for the seventh straight month in August Existing-home sales fall 0.4% to 4.8 million in August, the National Association of Realtors said. Read MoreHalfway through trial period, businesses say they’re satisfied with four-day workweek, survey finds Halfway through a six-month trial in the U.K., businesses letting their employees work four days per week say they’re satisfied with the results. Read MoreMortgage applications rise for the first time in six weeks, despite rates rising to 6.25%, signaling housing market’s ‘volatility’ The average rate for a 30-year mortgage is 6.25%. Yet refinances and purchases rose in the latest week, the Mortgage Bankers Association said. Read MoreHow do cash advance apps work, and are they better than payday loans? Neither is an ideal first choice for borrowing fast cash, but knowing their differences can help you save money and avoid damaging your finances. Read MoreThinking of an EV? Here’s your guide to shopping for an electric car. How do you go about buying an EV? What about maintenance, incentives, and cargo space? Here’s what to look for when buying an electric car. Read MoreThree common travel disasters and what to do about them Here are three common airline issues, the types of trip insurance you need to reimburse the costs, and how you might be able to get trip insurance free Read More‘She never explained anything’: I’m a senior citizen and I lost $100,000 in the stock market this year. Can I sue my financial adviser? ‘I advised my financial adviser I was heading into retirement months before all of this happened.’ Read More

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