Budget Battles
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Biden White House Lays Out Plan for Coming Tax Showdown
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Trump Tax Cut Extension Would Cost $4.6 Trillion: CBO
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House Kills Greene Motion to Oust Speaker Johnson
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Greene Backs Off Johnson Threat, but Issues Four Demands
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Social Security, Medicare Get Boost From Strong Economy
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Biden and Trump Joust Over Jobs Report
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IRS Unveils Plan to Crack Down on the Rich
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The Risk That’s Growing Once Again in the Housing Market
By Diana Olick, CNBCHomebuyers are increasingly opting to put less money down when purchasing their homes, increasing their risk should the housing market, and specifically home prices, falter yet again.
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The Simple Reason US Home Values Are at Record Highs
By Diana Olick, CNBCA home is only worth what someone is willing to pay for it, and apparently, that tab just hit its highest level in history. The median value of all homes in the United States in June surpassed $200,...
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US Home Sales to Foreigners Are Soaring: Here Are the Top 5 States
By Diana Olick, CNBCForeign purchases of U.S. residential real estate surged to the highest level ever in terms of number of homes sold and dollar volume. Foreign buyers closed on $153 billion worth of U.S. residential...
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15 Homebuying Headaches (and How to Prepare for Them)
With a transaction that involves so many moving parts and so many people, it’s impossible to control the entire process, and things rarely go exactly as you’ve planned. Still, some headaches in the...
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Why Home Builders Are Cutting Back on New Construction
By Lucia Mutikani, ReutersU.S. homebuilding fell for a third straight month in May to the lowest level in eight months as construction activity declined broadly, suggesting that housing could be a drag on economic growth in...
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Own Your Home? Here’s How Much Richer You Are This Year
Rising home prices may be making things tough for would-be buyers, but they’re a huge financial boon to those who’ve already purchased their houses. More than 60 percent of homeowners with a mortgage...
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Here’s a Hidden Cost of Homeownership
If you’re in the market to become a homeowner, you probably already know that you’ll face increased expenses for things like maintenance and lawn care. A new study finds that you’ll likely be...
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5 Mistakes to Avoid When Buying Your Dream Retirement Home
By Janna HerronWhile a big move is always a challenge, making such a serious change in retirement comes with unique challenges and pitfalls. Before putting your home on the market as you start your retirement life...
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Why Rents Are Climbing Fast in the Suburbs
For the first time in four years, the cost of renting property in the suburbs grew faster than the cost of city rentals, according to a new study.
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5 Smart Ways to Put Your Home Equity to Work
In some instances, home equity can be a tool to help you achieve other long-term financial goals.
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How Much More Your Mortgage Could Cost as Interest Rates Rise
Every increase in rates will push some buyers out of the market. On the median priced home, an increase in mortgage rates from 4 percent to 5 percent would add $100 to the monthly bill.
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Which State Has the Highest Property Taxes?
By Janna HerronGriping about taxes is a time-honored American tradition dating back to the very founding of the country. But as much as Americans don’t like taxes, we harbor a particular dislike for property taxes...
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Why So Many Unmarried Couples Are Buying Houses
As the number of couples who cohabitate without getting married has skyrocketed, it appears they’re finding a way to show their commitment to each other that doesn’t involve rings or vows: They’re...
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Thanks to Boomers, This Housing Sector Is Hot
Here’s one reason that builders may not be constructing the starter homes that have remained elusive for many millennial buyers: They’re focused on their parents.
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5 Reasons It Will Be Harder to Buy a House in 2017
By Janna HerronNearly 5.5 million previously lived-in homes were sold last year, making 2016 the strongest for the housing market since 2006. But sales slipped in 2.8 percent from November to December, according to...