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Alta Developers nabs $140M construction debt for Fort Lauderdale rental project after years of delays
Alta Developers secured a $140.2 million construction loan for a 400-unit apartment project in Fort Lauderdale after years of delays.
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This Inflation-Busting Bond Rate Just Hit a 20-Year High
Series I Savings Bonds, aka I bonds, haven’t been this attractive for 20 years, and that’s great news if you’re looking for a safe way to beat inflation. The U.S. Department of the Treasury set the new combined rate for…
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How to Make Everyday Purchases Work Harder for Your Household Budget
Getting more value from everyday purchases doesn’t necessarily mean buying less. It means paying closer attention to how, when, and where you spend household money. From groceries and household supplies to subscriptions and transportation, small purchasing decisions influence how much…
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61% of Americans Think the U.S. Is in a Recession Right Now… Even Though It’s Not
The share of Americans who believe the U.S. is in a recession is steadily growing. Two-thirds of Americans say they’re worried about a recession in the U.S., while 61% incorrectly believe we’re already in one, according to a recent survey by The…
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What Buyers Should Know Before Purchasing a Home in Miami
This guide goes through the main things to check before you make an offer. None of it is hard. Most of it is boring. That is fine. Boring checks are what keep you from a bad purchase. Read through it.
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Why Americans Are Putting Life on Hold Right Now
Americans are changing how they live. The economy is a huge concern right now. People are pulling back on spending. Many are delaying major life choices. According to a new report from SSRS, economic pessimism is surging. In fact, it…
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Grover Corlew Grabs Fort Lauderdale Office Tower for $69.7M, Plots $20M Overhaul
Grover Corlew has paid $69.7 million for the 200 East Broward office tower in downtown Fort Lauderdale, picking up the 21-story Class A building from Banyan Street Capital at a price well below what the seller paid for it less than a…
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Why Aren’t Buyers Biting Even as Mortgage Rates Ease Up?
Mortgage rates finally took a breather this month, but house hunters did not celebrate. You might expect cheaper monthly payments to bring buyers off the sidelines. Instead, prospective buyers largely shrugged off the modest rate drop. Open houses remained quiet…
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Why More Families Are Taking a Closer Look at Everyday Spending
For many households, managing money has become less about cutting back on major purchases and more about paying attention to the smaller decisions made every day. As the cost of groceries, utilities, transportation, and entertainment continues to put pressure on…
Mortgages and Rates
The cost of borrowing a house.
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