ArcaMax

Can a mortgage product tainted by the financial crisis come back to revive U.S. housing? The answer could reorient the housing market and give the Federal Reserve greater control over consumer spending in the years ahead.

A lack of affordability has hindered housing transactions the past two years, frustrating would-be buyers and, more recently...Read more

The first vacant lot in Altadena, California, went up for sale in late January. The listing promised "great opportunity to build" after the Eaton fire destroyed the home previously on the site.

A few weeks later came half a dozen more listings. Now the floodgates appear open.

"There is so many to choose from," said Jeremy Hardy, a real estate ...Read more

These days, the perks of a shiny new bank account often include high yields and no fees, and many can be opened in mere minutes. Nevertheless, Americans with a checking account have held onto that account for an average of 19 years, while those with a savings account have had it for 17 years, according to Bankrate’s latest Checking Account ...Read more

Breaking up is hard to do, even when it comes to firing your financial adviser.

Whether it’s a mismatch of investment strategies, a lack of communication or even ethical concerns, the decision to part ways with your financial adviser can be stressful.

In this guide, we’ll walk you through the process of firing your financial adviser step-...Read more

DETROIT — Rocket Companies said Monday it is buying the real estate listing platform Redfin in a deal valued at $1.75 billion.

The all-stock deal, expected to close in within about six months, would incorporate one of the country's largest mortgage lenders in Rocket with one of the top home search platforms in Redfin.

Seattle-based Redfin, ...Read more

Developer Nat Bosa has been responsible for some of downtown San Diego’s largest residential towers but looming tariffs have him flabbergasted.

His company, Vancouver, Canada-based Bosa Development, is in the middle of construction on a 389-unit condo tower called Andia in downtown San Diego. It also has plans to build a 211-unit apartment ...Read more

When Thomas Taylor looks at Atlanta’s skyline, he sees a quarter of its office buildings underwater.

The city’s towers, of course, stand well above sea level. But Taylor’s job as the senior research manager for data firm Trepp is to assess their financial stability — and many borrowers are in industry terms “underwater,” meaning ...Read more

The sudden rush of increased household expenses is one of the numerous pains faced by fire victims in Los Angeles County.

Consider a new report showing as many as 3,200 homeowners in fire-ravaged neighborhoods are struggling to make their mortgage payments. Remember, owners of mortgaged homes must make loan payments even if the housing is gone ...Read more

For most dream-seeking retirees, moving is not on their bucket list.

More than three-quarters of older American homeowners plan to stay in their current home and age in place, according to a survey by Redfin, a tech-based real estate brokerage.

That’s wishful thinking, said Lauren Bednar, owner of Oasis Senior Advisors. Her senior placement ...Read more

Value investing has proven to be one of the most successful investing strategies over the long term. Many of the world’s top investors, including the legendary Warren Buffett, have used the value approach to generate outstanding returns over time.

In recent years, however, value stocks have drastically trailed growth stocks as low interest ...Read more

A growing list of companies have begun offering investments inside their 401(k) plans that promise a way for workers to generate steady income during retirement.

These investments combine target-date funds, a popular 401(k) investment, with annuities, an insurance contract that promises a stream of lifetime payments.

Global asset manager ...Read more

A rug pull is a scam where a cryptocurrency or NFT developer hypes a project to attract investor money, only to suddenly shut down or disappear, taking investor assets with them. The name comes from the idiom “to pull the rug out” from under someone, leaving the victim off-balance and scrambling.

Rug pulls have increased as decentralized ...Read more