In early June, the Biden administration announced a National Initiative to Advance Building Codes to encourage state and local governments to enforce modern building codes when constructing new homes and buildings. Building codes are minimum standards […]
As mortgage interest rates edge toward 5% and higher, expect to see fewer refinances compared with the last two years. “Mortgage refinances surged in the last two years, as many homeowners were able to take advantage […]
You may want to work until you’re 70 or older to build up your retirement savings, but that doesn’t always work out. One in four people will be out of work for at least […]
U.S. households saved an extra $2.5 trillion between March 2020 and January 2022, according to the latest report by The Hamilton Project, an economic policy initiative within the Brookings Institution. Households built up this “excess savings” — […]
While younger workers might have the luxury of finding new jobs with higher wages, the pandemic pushed many older workers to retire, according to a new study by The New School Schwartz Center for Economic Policy […]