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Fed's Quarter-Point Rate Hike Wednesday to Cost Consumers, Raise Recession Risk

Fed's Quarter-Point Rate Hike Wednesday to Cost Consumers, Raise Recession Risk

Economic data look great. Growth is solid, unemployment is at a 17-year low and stubbornly low inflation is rising. So the Fed is justified in raising rates -- including a likely hike at a meeting on Wednesday. But Bank of America is reminding investors that a rate-hiking cycle is rarely painless.

Top Predictions for U.S. Home Prices In 2018

Top Predictions for U.S. Home Prices In 2018

U.S. home prices are up in 2017 -- expect that trend to continue, albeit at a slower rate in 2018, and here's why.

In Your 60s: Refi or Reverse Mortgage?

In Your 60s: Refi or Reverse Mortgage?

Older homeowners who need income have an interesting choice. Should they refinance their home or turn to a reverse mortgage?

Refinancing Your Home in Your 50s And 60s - Is It Worth It?

Refinancing Your Home in Your 50s And 60s - Is It Worth It?

Need income in retirement? Refinancing your home is an option, but only under specific conditions.

How to Know If a Home Equity Line of Credit Is for You

How to Know If a Home Equity Line of Credit Is for You

HELOCs are gathering steam again, as the economy brightens. But if you use them, do so wisely.

Trump's Alliance With Banks Against Their Customers Will Cost Investors Billions

Trump's Alliance With Banks Against Their Customers Will Cost Investors Billions

It's pretty hard to understand Republican arguments that depriving consumers of the right to sue would actually help them. Experts say it probably wouldn't.

I Only Spent $145,000 to Buy a Home in This Top Market and Still Went Broke

I Only Spent $145,000 to Buy a Home in This Top Market and Still Went Broke

Buying a house isn't cheap, especially in these top markets.

Celebrities That Have Stepped Up During Hurricane Harvey

Celebrities That Have Stepped Up During Hurricane Harvey

Big salaries, big donations.

Plunging Mortgage Banking Revenue a Short-Term Phenomenon, JPMorgan Chase's Lending CEO Says

Plunging Mortgage Banking Revenue a Short-Term Phenomenon, JPMorgan Chase's Lending CEO Says

Mortgage revenue slumped for JPMorgan's second quarter.