REVEALED: 3 | Vintage Vibes

US existing home sales rise in September; higher mortgage rates dim outlook

Home sales rose 1.5% last month to a seasonally adjusted annual rate of 3.99 million units, the National Association of Realtors said on Tuesday. Economists polled by Reuters had forecast home resales would decline to a rate of 3.95 million units.

The Economic Times · Oct 13

Big bank rejects push to end financing of land clearing

Commonwealth Bank shareholders have firmly rejected an attempt by conservationists to get the company to end the financing of deforestation.

AAP · Oct 13

The RBA keeps hiking interest rates – but are the rate rises actually working?

With the cash rate at a 15-year high, consumer confidence has tanked – while household spending is still growing

The Guardian - AU · Oct 13

How To Sell Your Parents’ House

Selling your parents’ house starts with one question: Who has the legal authority to sell it? If your parents still own the property and can make their own decisions, they generally control the sale. If a parent has died, the answer depends on the deed, the will, any trust, and…

The Free Financial Advisor · Oct 12

Dave Ramsey Says He’d ‘Rather Have $5,000 on a Credit Card Than a Mortgage You Can’t Afford,’ Warns to Sell If You’re Paying $2,090 a Month on $4,200 Income

Ramsey's rule caps a house payment at 25% of take-home income.

Barchart · Oct 12

Mortgage rates for 30 years rise 3 year high due to long-term US Treasury yields. How does it impact homeowners' monthly principal, interest payments and what to expect in near future?

US Bonds Market: The rise in yields has pushed 30-year mortgage rates to a nearly three-year high of 7.4 per cent, keeping many homeowners locked into existing loans rather than refinancing as they often do when rates decline.

The Economic Times · Oct 12

Would You Sell Your House Today if Someone Offered You Twice What You Paid?

Selling a house for twice its purchase price sounds like an easy decision until you start shopping for the place you would live next. A buyer might offer $500,000 for a home purchased for $250,000, creating a tempting opportunity to cash in on years of ownership. Yet that offer does…

The Free Financial Advisor · Oct 12

You Rent a House for 3 Years Hoping to Buy It — What Happens to Your Money If You Can’t Get the Mortgage?

Imagine spending three years renting a house, believing every payment brings you closer to owning it. You’ve paid extra each month, handed over thousands upfront, and planned your family’s future around staying there.

Everybody Loves Your Money · Oct 12

Trump Promised $2 Gas and 2% Mortgages, but Fuel Is Up 47% and Rates Hit 7.28%

Trump's promises of $2 gasoline and 2 per cent mortgages remain unmet as US petrol prices rise 47 per cent since February and mortgage rates reach 7.40 per cent.

International Business Times UK · Oct 12

Tenant to pay Rs 24 lakh for unauthorised stay after failing to prove landlords sought eviction without returning Rs 10 lakh security amount: Delhi HC order

Tenant ordered to pay Rs 24 lakh for unauthorised stay after failing to prove landlords wanted to evict without giving back Rs 10 lakh security amount; Delhi HC order explained.

The Economic Times · Oct 12