Inventory is rising, but existing home sales remain in a major slump
The May existing-home sales report from the National Association of Realtors (NAR) shows sales at just 4.03 million, a 0.7% decrease year over year and up 0.8% compared to April. It was the slowest May for existing home sales since 2009 and the fourth consecutive month with a year-over-year decline
Read MoreFICO to add Buy Now, Pay Later data to credit scores

Fair Isaac Corp. (FICO) will incorporate Buy Now, Pay Later (BNPL) data into two of its credit scores set to launch in Fall 2025. The company, which owns the rights to the market’s most widely adopted consumer credit risk assessment methodology, announced the move on Monday.The change will provide m
Read MoreFed Vice Chair Michelle Bowman supports July interest rate cut

After the weekend’s global events, many expected that the bombing of Iran’s nuclear facilities would influence bond yields, either up or down, today. However, the real surprise came from Michelle Bowman, Federal Reserve Vice Chair of Supervision, who talked about a potential rate cut in July.In a sp
Read MoreThe concerning math behind aging-in-place

Though more than half of Americans believe Medicare will cover long-term care expenses (58%), coverage is actually limited and short-term. Many families will need to adapt to rising healthcare costs, and it is a particular challenge as they seek to age-in-place in their home.That’s according to insu
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