Shares of Better Home & Finance Holding, the parent of digital lender Better.com, collapsed during its debut on Nasdaq Thursday. The company went public after merging with the special purpose acquisition company (SPAC) Aurora Acquisition Corp. the prior day. Better’s class A common stock, listed und

Strong consumption data combined with slowing inflation points to a “soft landing” for the economy, Fannie Mae‘s Economic and Strategic Research (ESR) Group said Thursday. But the government sponsored enterprise still expects a recession next year. “In order to achieve a soft landing, economic growt

Soaring mortgage rates are taking a major chunk out of homebuyers’ budgets, according to a new report from Redfin. A homebuyer on a $3,000 monthly budget, for example, could afford a $429,000 home with a 7.4% mortgage rate, using rate data from August 23. That buyer lost $71,000 in purchasing power

As the frequency and severity of extreme weather events continue to rise, it’s more critical than ever that owners develop proactive, resilient emergency strategies.