During the COVID-19 pandemic, there was high economic turmoil. To help keep the economy going, the Federal Open Market Committee (FOMC) determined that it was a good idea to lower interest rates to an all-time low.

With some careful planning and prudent spending habits, there is a home for almost every budget and financial circumstance.

The COVID-19 pandemic caused times of financial hardships for the majority of people. As some were forced to work remotely or were left out of a job, it became increasingly difficult for some to accommodate their living expenses.

Choosing the right mortgage depends on a host of important factors. Some of those factors include your FICO score, your available down payment, and how long you plan on living in your new home.

Last year inflation took a giant leap as consumer prices rose in many prominent United States metropolitan areas. However, Atlanta has seen the highest inflation rates on goods and services, increasing around 9.8 percent since 2021.

Overseas events such as the invasion of Ukraine often reach beyond their borders, impacting global financial markets, energy prices, and mortgage rates.

A recent study determined that 65% of single women would like to buy a house before marrying. Typically, the people who purchase homes are married couples. This is because they have a higher combined income, making it easier for them to pay the expenses of becoming a home buyer. H

In 2020, the nationwide protests surrounding the murder of George Floyd stirred up countless debates on why African Americans have yet to receive equality and may still have a long way to go to receive equity.

Since 2010, the average cost of a house has risen by 20%. These price increases have made it increasingly difficult for young people to be able to purchase a home.

The practice of group economics is becoming more popular, especially since it is becoming a more recognized way to build wealth with your family or friends.

Therefore, becoming a homeowner is not for everyone. Although many people believe that purchasing a home and becoming a homeowner is the best financial decision one can make, renting may be the best option for you.

Redlining is a practice where mortgage lenders deny loans to people based on race or the racial makeup of their neighborhoods. The term comes from the National Housing Act of 1968 as part of the federal government's New Deal.

For many, owning a home is the ultimate "American Dream." Homeownership allows you to have a property to call your own, leaving you with a sense of pride, confidence, and security.

Whether renting or owning, housing expenses are the most expensive line items in the financial budget for many Americans. However, the extra room in your home could potentially equate to extra income if you are interested in exploring house hacking.

Inflation is when the price for the same amount of goods (i.e., groceries) or services (i.e., getting a haircut) increases. Inflation affects everything involving the economy from food and clothing to employment wages and interest rates.