Mortgage rates are down again this week, but remain too high to spark any significant movement in the housing market as the affordability crisis remains set in. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage fell to 6.35% this…

My top 10 things to watch Monday, Sept. 9 1. Wall Street is headed for a higher open Monday after a bruising first week of September. Be sure to read my Sunday column for Investing Club subscribers where I give my latest thinking on the “Magnificent Seven” stocks. Also don’t…

The IRS is still working on plans to avoid increased audits on taxpayers making less than $400,000 — but certain particulars of your tax return can invite scrutiny, regardless of income level, experts say.The Treasury Inspector General for Tax Administration, or TIGTA, last week reported the IRS has made “limited…

DirecTV wants its customers to stick with the service during an increasingly nasty dispute with Disney that threatens to black out tonight’s “Monday Night Football” game. So DirecTV developed an unusual strategy: It’s paying customers to subscribe to a rival. DirecTV has struck deals with Sling, owned by rival satellite…

The current environment appears to be very favorable to real estate investment trusts, or REITs, and Shopping Center REITs in particular. REIT prices and yields have normalized, following the sell-off of 2022 and most of 2023, and the expected cuts in the prime rate, with the corresponding drop in treasury…

Stay informed with free updatesSimply sign up to the EU economy myFT Digest — delivered directly to your inbox.Mario Draghi has demanded a “new industrial strategy for Europe”, calling on the EU to raise investments by €800bn a year to fund radical and rapid reform to stop the union falling…

Donald Trump limbered up for his debate with Kamala Harris by showing the extremism that risks playing into the vice president’s claim that he’s an “unserious man” who is an “extremely serious” threat if he’s returned to the White House. Trump warned he will jail election officials he considers cheats;…

Have you noticed how much information appears in both mainstream and social media about American pensioners planning or wishing to retire abroad? If you’re among those dreaming of retiring abroad, you’re in good company. According to Fortune, “boomers are leaving America to retire abroad in droves because the U.S. is…

Long-term mortgage rates remained unmoved this week while shorter notes fell some, but did little to spur on demand. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage held steady at 6.35%. The average rate on a 30-year loan was…

George Kinder wants everyone to be free.At first blush, that concept of personal fulfillment or enlightenment may seem better suited to the realms of religion or spirituality than personal finance.But Kinder, who’s recognized as the father of the “life planning” branch of financial advice, has preached the interconnection of finance…