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News Articles: Your Money

A now emptied block of apartments at the deemed "unlivable" Miga Villa apartment complex in Macon.

Tagged as: 

  • Your Money

When a landlord lets housing conditions falter, the penalty is difficult to exact

Signing a lease on an apartment is a legally binding contract between you and your landlord. what happens when a landlord doesn’t hold up their end of the bargain?

April 18, 2022
|
By:
  • Grant Blankenship
The appraisals done for home sales are increasingly done remotely rather than in person.

Tagged as: 

  • Business

Even home appraisers are doing their jobs remotely

Remote appraisals shot up during the pandemic, replacing in-person inspections by appraisers. Even as restrictions ease up, they could be the standard for how homes are valued.

April 16, 2022
|
By:
  • Anthony Tellez
Marisela Orozco (foreground) is letting her sister, Marissa, live in the house she thought she would own after making almost four years of payments. But the owner disappeared, along with the title, and she worries he may return and evict them.

Tagged as: 

  • National

Millions of Americans are resorting to risky ways to buy an affordable home

Alternative financing arrangements can be the only option for low-income Americans. But they lack the same protections as a mortgage, and many end up paying for years without ever gaining ownership.

April 15, 2022
|
By:
  • Jennifer Ludden
Mortgage rates on 30-year, fixed-rate loans rose above 5% this week. That's pushing the cost of buying a home higher and making homeownership unaffordable for more people.

Tagged as: 

  • Business

Mortgage rates just hit 5%. Here's how much more expensive that makes home ownership

Higher mortgage rates and home prices have pushed the monthly payment to buy the median-priced home in the U.S. up more than 50% since the start of last year. Many first-time buyers can't afford it.

April 08, 2022
|
By:
  • Chris Arnold
A rendering provided by Universal Parks & Resorts shows its planned development in Orange County, Fla., that includes affordable housing.

Tagged as: 

  • Your Money

Disney and Universal will build affordable housing in Florida, where need is acute

The average rent in Orlando jumped by 21% from 2020 to 2021. Two theme parks are now devoting around 100 acres in hopes of easing the housing crisis.

April 08, 2022
|
By:
  • Bill Chappell
U.S. Education Secretary Miguel Cardona delivers remarks in Washington, D.C., in January. The department has extended the freeze on federal student loan payments several times since the pandemic began in March 2020.

Tagged as: 

  • Education

The student loan pause has been extended until the end of the summer

The Biden administration extended the freeze on student loan payments yet again, this time until September, and announced a reset for borrowers in default.

April 06, 2022
|
By:
  • Cory Turner

Tagged as: 

  • Business

31 countries plan a big release of emergency oil to ease gasoline prices at the pump

The International Energy Agency plans to release 120 million of barrels of oil from their emergency reserves, including 60 million from a previously announced U.S. drawdown.

April 06, 2022
|
By:
  • Brittany Cronin
Taxes graphic

Tagged as: 

  • Politics

Tax cut clears General Assembly in last hour of 2022 session

Georgia lawmakers approved a tax cut Monday night during the final hour of this year’s General Assembly session.

April 05, 2022
|
By:
  • Dave Williams
"All food prices are now predicted to increase between 4.5 and 5.5%," the USDA's Economic Research Service explained in the March report.

Tagged as: 

  • Your Money

Food prices are going up — and at levels Americans haven't seen in decades

The USDA's latest report found that nearly all major food groups are going up in price.

April 01, 2022
|
By:
  • Vanessa Romo
The Better Business Bureau and the BBB Wise Giving Alliance have tips on donating to charity and avoiding crowdfunding scams.

Tagged as: 

  • Your Money

Here's how you can avoid getting scammed when donating to support Ukraine

So far, about one-quarter of Ukraine's 44 million people have fled their country due to the war, according to the U.N. Here are tips to avoid falling victim to online scams.

March 30, 2022
|
By:
  • Jonathan Franklin
Intuit's 2018 homepage for TurboTax failed to adequately disclose the limits of the "free" offer, the Federal Trade Commission says.

Tagged as: 

  • Your Money

Federal Trade Commission accuses Intuit of deceptively advertising TurboTax as free

In a court filing, the agency says that ads claimed TurboTax was "Free Guaranteed," but many people end up paying for the software to file their taxes. Intuit disputed the allegation.

March 29, 2022
|
By:
  • Laurel Wamsley
Builder Emerson Claus and his foreman Rene Landeverde at the site of an apartment they are building in a suburb of Boston.

Tagged as: 

  • Economy

There's never been such a severe shortage of homes in the U.S. Here's why

Home prices rose nearly 20% last year, in large part because the U.S. is several million homes short of demand. Builders say the pandemic is partly to blame, but the problem goes deeper than that.

March 29, 2022
|
By:
  • Chris Arnold
Home values increased nearly 20% in the 12 months to September 2021.

Tagged as: 

  • Economy

How the pandemic housing market spurred buyer's remorse across America

Low interest rates, high rents and working from home combined to push many young Americans to buy their first home over the last two years. But it's not without challenges.

March 23, 2022
|
By:
  • Jason Fuller,
  • Ailsa Chang,
  • and 1 more
GPB News NPR

Tagged as: 

  • Business

Here are 3 reasons why Big Oil can't just drill more to ease the pain at the gas pump

The Biden administration is encouraging U.S. oil companies to increase their production to help curb record-high gasoline prices. Turns out, however, that boosting output is easier said than done.

March 19, 2022
|
By:
  • Brittany Cronin
The floor of the New York Stock Exchange this week, after the Federal Reserve announced a quarter-point hike in its key interest rate. The Fed is raising rates to curb inflation, but that will hit some Americans in their wallets.

Tagged as: 

  • Your Money

Americans will feel the impact as Fed raises rates. Here's what you should know

It's getting more expensive to borrow money, with rates on mortgages, car loans and credit cards heading higher. Here's where you're likely to feel the impact and what you can do about it.

March 18, 2022
|
By:
  • Chris Arnold
  • Load More

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