Trump’s pick to lead HUD has opposed aid programs for the poor

Scott Turner, the nominee-designate to lead the U.S. Department of Housing and Urban Development (HUD) in the incoming Trump administration, has previously expressed dim and skeptical views about federal programs designed to assist people experiencing poverty and homelessness.These views could illus

Bill Cosby Is Facing Foreclosure on 2 New York Townhouses Over Claims He ‘Failed To Repay’ Multiple Multimillion-Dollar Loans

Google Maps; Getty ImagesDisgraced actor Bill Cosby and his wife are reportedly facing foreclosure on two New York City townhouses, after allegedly failing to keep up with repayments on multiple multimillion-dollar loans.According to court documents, Cosby, 87, and his spouse, Camille, stand accused

Mortgage Rates Inch Up to Nearly 7%—the Highest in 6 Months Even as Pending Home Sales Rise

Realtor.com; Getty Images (1)Mortgage rates inched up again, from 6.85% last week to 6.91% for the average 30-year fixed home loan for the week ending Jan. 2, according to Freddie Mac.“Inching up to just shy of 7%, mortgage rates reached their highest point in nearly six months,” said Sam Khater, Fr

Mortgage demand drops 22% during holidays as rates move higher

Rising mortgage rates suppressed applications in the Mortgage Bankers Association (MBA) final mortgage applications survey index of 2024, released on Thursday. Unsurprisingly, application volume dropped significantly even with a seasonal adjustment to account for the holidays.Mortgage demand decline