Buying a first home is 'prohibitively expensive' and 'almost impossible' for many, says Janet Yellen

Tech Insider : Economy, Economy
janet yellen
Treasury Secretary Janet Yellen.

REUTERS/Jason Reed

Don't feel too sorry for Gen Z — they're outpacing boomers on income and millennials on home ownership

Tech Insider : Economy, Economy
Gen Z
Gen Z is doing better than past generations on some measures.

Hero Images/Getty Images

Jamie Dimon thinks he knows why people are so gloomy about the economy

Tech Insider : Economy, Economy
Jamie Dimon
JPMorgan CEO Jamie Dimon.

Brian Snyder/Reuters

I moved from Florida to southern Portugal. The weather is better, and the culture is amazing.

Tech Insider
A man holding a glass with the ocean in the background.
Andrew Ibrahim moved to southern Portugal from Florida in 2023.

Courtesy of Andrew Ibrahim.

The rules for real estate have changed. Here's how you can profit from the upheaval.

Tech Insider : Economy
Illustration of a person walking through a house maze.
A $418 million settlement could help American homebuyers save tens of thousands of dollars. But the path to ownership is still lined with hazards.

Maria Hergueta for BI

People are forking out record $2,800 a month on average just to cover their mortgage payments

Tech Insider
US dollars
It's getting more expensive to own a home.

Kham/Reuters

I bought a duplex as my first home. I still have a mortgage, but I only pay around $900 a month and have no regrets.

Tech Insider
A woman taking a selfie on the left, and a duplex on the right.
Raroha and her duplex in New Jersey.

Courtesy of Dominique Raroha.

Mortgage rates spike above 7% for the first time this year as the market adjusts to delayed Fed cuts

Tech Insider
Homebuyers signing a mortgage.
Homebuyers signing a mortgage.

Getty Images

I'm a lifelong Jersey girl choosing to retire in South Carolina. It's where my adult daughter is planning to live — and it's cheaper.

Tech Insider
Two people walking down the street in front of a Charleston, South Carolina, home.
Charleston, South Carolina.

Glowimages/Getty Images

Why the Fed needs to cut interest rates to lower inflation, according to a JPMorgan strategist

Tech Insider : Economy, Economy
US Federal Reserve Chair Jerome Powell
US Federal Reserve Chair Jerome Powell attends a press conference in Washington, DC, on March 22, 2023.

Liu Jie/Xinhua via Getty Images

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