The Conversation UK

The impact of higher mortgage costs is now biting hard. Three million UK households face the prospect of having to renew their mortgage within the next two years as their fixed-rate periods come to an end. While nearly two-thirds of all borrowers have already remortgaged at more expensive rates, a large number are still waiting to do the same.

Millions benefited from mortgages fixed at low prices – now many are struggling with much higher monthly payments

USA TODAY

The housing market's tough but not impossible, experts say. They offer their best tips on how to buy or sell in this market to get what you want.

Want to buy or sell a home? How to get a 3% mortgage rate, negotiate fees, and more

Fortune

Your credit score is a major factor lenders consider when you apply for a mortgage. And although it’s not impossible to buy a house with bad credit, trying to qualify for a mortgage when you have credit problems can often be a challenge—and you should be aware that a lower credit score will likely mean a higher interest rate if you do get approved.

How to buy a house with bad credit

You generally need to demonstrate sufficient income to buy a house, but it is possible to buy a home with no income. You’ll need to prove to a lender that you can afford the mortgage payments in other ways, such as by paying with assets, or you’ll need to buy the house with all cash. Learn more about how to buy a house with no income.

How to Buy a House With No Income

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NewSantaAna

The FBI has seen a rise in scams targeting timeshare owners. In this kind of scam, criminals con these part-time property owners into shelling out hefty sums of cash, all under false pretenses related to their timeshare properties.

FBI warns that Mexican cartels are targeting Americans with timeshare scams

The Guardian

Under a ‘concessionary purchase’, property owners can agree a cut-price sale to incumbent renters to save costs

The no-deposit mortgage that lets tenants buy the home they live in … with a gift from the landlord

Chicago, IL

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

California State

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

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The HD Post

CALIFORNIA – Starting July 1, landlords will only be allowed to collect one month’s rent for the security deposit on a rental property. Assembly Bill 12, signed into law last October, says regardless of whether the residential property is unfurnished or furnished, only one month’s rent can be charged in addition to any rent for the first month paid on or before initial occupancy.

Law limiting security deposits goes into effect July 1

New York City, NY

Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Anika Jindal

Retirement should be a time for relaxation, not financial stress. Overspending on luxury items or ill-advised investments can jeopardize your financial stability. This article will discuss certain purchases that retirees, particularly Baby Boomers, should avoid to maintain their financial health. Let’s explore these potential pitfalls to ensure a secure and peaceful retirement.

12 Purchases Boomers Should Never Make During Retirement

24/7 Wall St.

Interest rate spikes have unexpectedly kept home prices high due to limited supply, as homeowners with low mortgage rates are reluctant to sell. This situation has significant implications for retirement plans, as homeownership is a key wealth-building vehicle for many Americans. The current high costs of buying homes push people towards renting, which lacks the […]
The post Americans Retirement Plans Are Crumbling appeared first on 24/7 Wall St..

Americans Retirement Plans Are Crumbling

New Jersey State

Morristown Minute

NEW JERSEY - Attorney General Matthew J. Platkin and the Division of Consumer Affairs announced today that Walmart has agreed to pay $1.64 million to settle allegations of unlawful unit pricing practices across its 64 New Jersey retail stores. The settlement, which includes a $1.61 million civil penalty, marks the largest ever obtained by the Division’s Office of Weights and Measures (OWM).

Walmart Pays $1.64M Settlement for Unlawful Pricing in NJ

Kentucky State

Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

The Motley Fool

A high income doesn't guarantee you'll be among the wealthiest households.

Here Are the Net Worth and Income That Put You in the Top 5% of American Households by Age

In all the stock photos that reference "credit card" and "car buying," the subjects are smiling. They probably shouldn't be. (Getty Images) Can you buy a car with a credit card? In this post-pandemic, nearly cashless society, that's a good question. The reasons for doing it are pretty obvious: To "get the miles" if you have an airline credit card, or hotel points, or if your card has a cash-back scheme. So you want to — but can you and should you?

Can you buy a car with a credit card?

Retirement: A magical time of life when you no longer (necessarily) have to work for your money. Instead, decades of hard work coupled with saving and smart investments should mean that your money now works for you. Plan Ahead: 4 Things Boomers Should Never Sell in Retirement. Careful financial planning...

7 Things You Should Never Do in Retirement

Aurora, CO

David Heitz

Aurora’s pallet shelters for people experiencing homelessness, which only allow a maximum 30-day stay, have been cycling the same individuals in and out, city staff told council members Thursday. Many return to street encampments when their time in the pallet shelter runs out, Jessica Prosser, homeless services director for the city, said. Then, the city sweeps the encampment again, and they get to come back to the shelter for another 30 days, Prosser explained. This process can repeat multiple times.

Aurora pallet shelters a revolving door for homeless

Illinois State

MOD Pizza has over 500 locations across the country with 22 restaurants in Illinois. The Washington-based chain offers fast-casual fare known for its customized, artisan-style pizzas. Customers can choose from over 40 toppings and 8 sauces to create their own masterpiece.

Bankruptcy Looms for Major Pizza Chain With Chicago Suburban Locations

Florida State

Longboat Key, FL

Insurers are bailing out of high-risk areas and raising premiums nationwide. Bob and Kim McIninch had a different kind of sticker shock when they made their last move: the premium for their homeowners insurance actually went down. In Florida. The Rust Belt transplants have made Florida's Gulf Coast their home...

Can You Afford to Insure Your Retirement Dream?

Shenandoah, PA

The Shenandoah (PA) Sentinel

SHENANDOAH – Two long-abandoned buildings in the southeast section of town will be coming down...
The post Long-abandoned Martin Shirt, Abbatoir to come down first appeared on The Shenandoah Sentinel.

Long-abandoned Martin Shirt, Abbatoir to come down

NewsBreak

Is a Reverse Mortgage Right for You?

When homeowners consider whether to take out a reverse mortgage, knowing how the process works is half the battle. Reverse mortgages can help older adults meet...

Is a Reverse Mortgage Right for You?

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