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Author: Swapna Venugopal Ramaswamy, USA TODAY

Money

The Daily Money: Tax Day 2023 deals and free food: Mark the tax deadline with discounts, freebies Tuesday

April 17, 2023April 18, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on The Daily Money: Tax Day 2023 deals and free food: Mark the tax deadline with discounts, freebies Tuesday

The deadline to file your federal tax return is April 18. This year, Americans had three extra days to file because the deadline was pushed back.

Money

In shocking reversal, mortgages proved poor investment for banks that lost money on home loans

April 13, 2023April 14, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on In shocking reversal, mortgages proved poor investment for banks that lost money on home loans

Loan volumes in 2022 were 50% down compared with 2021. Meanwhile, producing a loan got more expensive.

Money

Rent is the ‘largest contributor’ to inflation. See where it is going up (or down)

April 12, 2023April 13, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on Rent is the ‘largest contributor’ to inflation. See where it is going up (or down)

While consumers paid less for gasoline and grocery housing costs went up 8% during the same time period.

Money

Staycation for the win? Vacation home sales are down 50% from pre-pandemic levels

April 11, 2023April 12, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on Staycation for the win? Vacation home sales are down 50% from pre-pandemic levels

Once the hottest housing segment, the demand for vacation homes was plummeted amid high interest rates and economic uncertainty.

News

Manhattan population grows as other major New York counties see a decline

April 9, 2023April 9, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on Manhattan population grows as other major New York counties see a decline

The reversal in population losses was particularly notable in King County, Washington, home to Seattle; as well as in large Sunbelt counties.

Money

Commercial real estate is headed for a crisis worse than 2008, Morgan Stanley analysts say

April 7, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on Commercial real estate is headed for a crisis worse than 2008, Morgan Stanley analysts say

More than half of the $2.9 trillion in commercial mortgages will be up for refinancing in the next couple of years, according to Morgan Stanley.

Money

Home prices rose in February after months of decline as low inventory meets high demand

April 6, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on Home prices rose in February after months of decline as low inventory meets high demand

Driven by a combination of moderately declining mortgage rates earlier in the year along with low inventory levels, home prices rose 0.16% in February

Money

How Hispanic homeownership became a ‘driving force’ shaping the housing market’s future

April 5, 2023April 7, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on How Hispanic homeownership became a ‘driving force’ shaping the housing market’s future

Hispanic homeownership: It makes business sense for the housing industry to pay attention to this growing demographic, experts say.

Money

Does homeowners’ insurance cover tornado damage? How to prepare before a disaster

March 28, 2023March 28, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on Does homeowners’ insurance cover tornado damage? How to prepare before a disaster

Homeowner’s insurance policies also provide coverage for additional living expenses to finance temporary housing costs and other daily necessities.

Money

Housing market is ‘overly sensitive’ to Fed rate hikes. Experts weigh in on what’s next.

March 21, 2023March 22, 2023Swapna Venugopal Ramaswamy, USA TODAYComments Off on Housing market is ‘overly sensitive’ to Fed rate hikes. Experts weigh in on what’s next.

The housing market has been overly sensitive to what the Fed has done with interest rates, both when they’ve been high or low.

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Headlines

‘Big Hero 6’s San Fransokyo comes to life at Disneyland

August 31, 2023Eve Chen, USA TODAY

Velocity at what cost? MLB’s hardest throwers keep succumbing to Tommy John surgery

August 31, 2023Gabe Lacques, USA TODAY

Gadget guru or digitally distracted? Which of these 5 tech personalities are you?

August 31, 2023Jennifer Jolly

U.S. Embassy urges Americans to leave Haiti ‘as soon as possible’

August 31, 2023Kim Hjelmgaard, USA TODAY

PCE inflation report: Key measure ticks higher in July. What will the Fed do?

August 31, 2023August 31, 2023Paul Davidson, USA TODAY

USF is building a $340M on-campus football stadium amid concerns academics are being left behind

August 31, 2023AP

At 61, Meg Ryan is the lead in a new rom-com. That shouldn’t be such a rare thing.

August 31, 2023Patrick Ryan, USA TODAY

Iran bans weightlifter for shaking hands, taking photo with Israeli competitor

August 31, 2023Steve Gardner, USA TODAY

Blue supermoon: See photos of the rare moon that won’t happen again until 2037

August 31, 2023Francisco Guzman, USA TODAY

College professor harassed students to quench ‘clown fetish,’ offering extra credit, cash

August 31, 2023Chris Quintana and Colin Campo, USA TODAY
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