Yahoo Finance - Stock Market Live, Quotes, Business & Finance News

Gabriella Cruz-Martinez

Reporter

Gabriella is a personal finance writer whose previous coverage has appeared in Money Magazine, MSN Money and the Journal Gazette & Times-Courier. She began her career at the Hyde Park Herald, where she wrote about K-12 education, politics and small businesses in the South Side of Chicago and won a McCormick Foundation Diversity Writers scholarship. During her freetime, she likes to enjoy a good book or skateboard with her dog.

Is Austin’s hot housing market flipping in favor of buyers?

The average home price in Austin, Texas, jumped by $170,000 during the pandemic. But the market is shifting in favor of buyers, and prices are beginning to come down.

6 months ago
Return to the '70s? Today's housing market has echoes of dark era.

Economists comment on the state of housing as homebuyers face high rates and borrowing costs this spring.

7 months ago
‘Construction is not perfect:’ Expert tips on what to do when you're building a house

A lot can go wrong when you're building a house. Experts say it's essential to stay involved throughout the process.

7 months ago
Homebuyers turn to ARMs as mortgage rates hover above 7% for third straight week

The rate of the popular 30-year fixed mortgage hit 7.22% this week, causing some buyers to turn to adjustable-rate loans.

7 months ago
With FAFSA submissions way down, education officials encourage more students to apply for aid

The Education Department renewed its efforts to improve the FAFSA filing process and urged families to complete the form.

7 months ago
High mortgage rates hang around, reaching 7.17%

Both first-time and repeat homebuyers felt the sting of higher rates this week, as rates for the popular 30-year fixed mortgage hit 7.17%, per Freddie Mac.

7 months ago
Pending home sales in March rise to strongest clip in a year — but just barely

Homebuyers geared up for the spring despite elevated mortgage rates and prices, with pending transactions rising in March to the strongest pace in a year.

7 months ago
Mortgage rates surpass 7% while home prices show no signs of declining

The rate on the popular 30-year home loan surpassed 7% this week. Some buyers moved to secure purchases but demand is muted overall.

7 months ago
Student loan borrowers could see their ‘runaway interest’ erased in new debt relief plan

The Biden administration aims to tackle "runaway interest" as part of a new student debt relief measure. If successful, it could bring relief to 23 million borrowers.

7 months ago
‘A million returns every hour’: Taxpayers race to file by midnight

Tax professionals field last-minute requests and file extensions as millions of Americans rush to beat the midnight deadline.

7 months ago
'We are in a crisis now:' Childcare costs outpace inflation

Costs for day care and preschools ran higher than headline inflation in March, but parents have been struggling with this issue for years.

7 months ago
Mortgage rates top 7% following hotter-than-expected inflation numbers

The rate on the popular 30-year mortgage stood at 7.37% on Thursday, according to Mortgage News Daily. The uptick left buyers once more on the sidelines.

7 months ago
FAFSA: What you need to know

Spring is in bloom, which means warmer weather, longer days, and college acceptances for high school seniors. With all these exciting developments come responsibilities, the chief of which is filling out the FAFSA, or the Free Application for Federal Student Aid. Filling out the FAFSA determines one’s eligibility for work-study, grants, and federal financial aid, which are crucial tools for millions of potential college students. The FAFSA deadline is June 30th, and here’s everything you need to know to get started, and receive the most for you or your child’s education. Tune in to Yahoo Finance's Wealth! for more tips and info on your personal finances.

7 months ago
Target set to launch new paid membership program this week

Under the new paid Target Circle 360 membership, shoppers will be able to benefit from same-day delivery and other perks starting April 7.

8 months ago
New target in Biden administration's war on junk fees: Mortgage closing costs

The Consumer Financial Protection Bureau is taking aim at mortgage closing costs in its latest probe against junk fees.

8 months ago
Homebuyers need to earn 80% more than they did in 2020 to afford a home in today's market

Today's homebuyers need to earn six figures to comfortably afford a typical US home — an 80% jump from 2020.

8 months ago
Pending home sales pick up in February as buyers gear up for spring

Pending home sales gained momentum in February as some buyers picked up their purchase plans ahead of the spring.

8 months ago
Home sales surge as buyers make peace with elevated mortgage rates

Sales of previously owned homes rebounded in February to the highest level in a year as buyers come to terms with elevated mortgage rates.

8 months ago
Mortgage rates clock in at 6.87%, will remain higher for longer, experts say

Mortgage rates crept closer to 7% this week, and some homebuyers responded by retreating from their purchase plans.

8 months ago
Will the Realtor commission settlement make it harder for veterans to buy homes?

Some veteran real estate professionals were concerned that the proposed Realtor settlement could leave vulnerable groups, like veteran homebuyers, unrepresented.

8 months ago