"Outside of purchasing your first home, a new car ... is the second-largest purchase for most people," said Joanna Dean, vice president of sales at Toyota Financial Services Group. "Given the transaction prices and vehicle prices today, financing is required to buy these vehicles." More th...
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In short, there was already a housing affordability crisis before the pandemic. Now it's worse, locking a wider array of people, at higher and higher income levels, out of the home-buying market. "The critical shortage of housing in the U.S. market is really h...
MANY AMERICANS STILL OPTIMISTIC ABOUT HOMEBUYING DESPITE TOUGH ECONOMIC BACKDROP: TD BANK Consumers are growing more satisfied with digital-only banking While faith in retail banking appears to be waning, consumers have been increasingly satisfied with online-only banks, according to a recent J.P. ...
Home buyers waiting for prices to track lower along with sales may find they are waiting around for a while. This could change if the government enforces price controls on home costs. Granted, that is highly unlikely.I think it’s more likely that, as inflation rises, the government would...
my baby with the second-handed clothes that I brought back from the U.S.; I calculated how to save money by buying the cheapest things in the supermarket; I spent a lot of time to find out the cheapest things on Taobao; I gave my friends the cheap gifts; I rented the cheap ...
"[College graduates] aremore likely to be homeowners, so they probably have more home equity," Richard Fry, a senior researcher at Pew who co-authored the survey, tells CNBC Make It. "Their employers are more likely to offer defined contribution retirement plans and thecollege-educated are mo...
Many Americans still optimistic about homebuying despite tough economic backdrop: TD Bank How to pay off credit card debt As rising costs drive more Americans to take on record debt, finding strategies to get it under control could help some save money on interest and as well as improve their...
I hope you aren’t struggling with your bills. I hope you’re not tapping home equity or credit cards to make ends meet.And if you aren’t, here’s why stories like this matter to you, too…When people can’t pay their bills, they don’t save or invest. Which is never good for...
The Federal Reserve, in what analysts calleda watershed move, set out new thresholds Wednesday on the level of unemployment and inflation that must be in place before it would contemplate higher interest rates. At the same time, the Fed announced a new [monthly] $45 billion bond-buyi...