Property taxes can erase affordability even after the mortgage ends

Home guru Joanna Gaines has given fans a glimpse inside life on her sprawling Texas farm as she celebrated her “favorite day of the year” alongside her five children. The 48-year-old “Fixer Upper” icon took to Instagram to document the family’s annual Honey Harvest Day at their Waco, TX, property, sharing a behind-the-scenes look at…

While centuries-old homes are a rare find on the housing market, it is even rarer to come across a dwelling that boasts not only more than 100 years of history—but also an incredible story of survival and rebirth. But that is exactly the kind of unique abode currently on offer in Pennsylvania in the form…

To be fair, not all of the PCE data was higher than expected, but none of the top line numbers were lower than expected. Core PCE was on target (notably 0.246%, so it nearly rounded up to 0.3 vs 0.2), but headline inflation was a tenth of a point above the monthly and annual targets….

Notional open interest in Ice interest rate derivatives surpassed CME flagship SOFR (secured overnight financing rate) contracts for the first time in June, as demand for euro- and sterling-denominated hedges continued to climb, data from the two exchanges shows. Daily open interest in Euribor, Sonia and €STR contracts on Ice reached a combined $62.3 trillion…

Overlooked market areas may have a banner second half of the year. ETF Action co-founder Mike Akins is encouraging investors to boost exposure to groups that underperformed compared with major artificial intelligence stocks. He told “ETF Edge” this week that his list includes software and cloud computing names. Many have fallen from “nosebleed valuations” and…