Buying a house is now more expensive than ever compared to renting

Based on latest numbers, it’s now more expensive than ever to pay a mortgage versus renting.  Higher mortgage rates and housing prices, according to the Wall Street Journal, are contributing to the disparity in prices. According to the survey, a buyer who takes out a 30-year mortgage on a $430,000 home with a 10% down …

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How much do you need to live comfortably in every US state? 2023 List REVEALED.

Across the country, the cost of housing, rent, gasoline, utilities, and, well, almost everything has risen. A new survey has revealed how much someone needs to earn as a “living wage” in each of the 50 states to live comfortably. The personal finance website GoBankingRates.com examined data from the United States. The Bureau of Labor …

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Why are Petrol and Diesel Prices are so HIGH again?

For both consumers and businesses, understanding why are petrol and diesel prices rising again this August 2023 is paramount. It allows for better financial forecasting, facilitates informed decisions, and highlights the interconnectedness of global markets and their implications at a local level. Trends in Petrol and Diesel Prices Why are petrol and diesel prices rising …

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Economy: Florida named as America’s newest inflation hotspot

Because of persistently high home costs, Florida is now considered as America’s inflation hotspot. With a 9% inflation rate for the 12 months ending in April, the Miami-Fort Lauderdale-West Palm Beach area has the highest inflation rate of metro areas with more than 2.5 million residents. According to the Consumer Price Index, this is more …

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