ArcaMax

Philadelphia is the newest destination for Lilly Gateway Labs, an incubator for early-stage biotech companies backed by pharmaceutical giant Eli Lilly & Co., the company announced Wednesday.

The Center City incubator will be Lilly’s fifth in the United States. Biotech hotbeds Boston, South San Francisco, and San Diego already have them. (...Read more

Dylan Tinklenberg readily admits that some would consider him to be a “prepper” for the end times. Like many of his customers at Idaho Pawn and Gold in Meridian, Montana, he doesn’t trust the banks — and he invests in gold as a “backup asset” in case “something were to happen.”

“I’m not, like, zombie apocalypse, full-out,”...Read more

Bill Pulte, director of the Federal Housing Finance Agency, recently floated the idea of offering people a 50-year mortgage instead of the more conventional 30-year financing option. It sounds attractive at first because stretching out repaying of a mortgage would lower the borrower’s monthly payment, but this wouldn’t fix the homeownership ...Read more

A slow housing market and increased consumer uncertainty is weighing on home improvement giant Home Depot.

The Georgia-based retailer on Tuesday said it missed expectations in its fiscal third quarter. The company also lowered its full-year profit outlook.

Home Depot is an economic bellwether and its financial results are closely watched as a ...Read more

Members of the Trump administration have floated a new proposal to address the nation’s housing crisis. It’s a dud. They should stick to the basics.

President Donald Trump took to Truth Social last weekend to advocate for the creation of a 50-year mortgage loan. Bill Pulte, director of the Federal Housing Finance Agency, then called the ...Read more

Mobile banking is how a majority of Americans manage their money. But it’s also a growing target for fraud. The good news: when done right, it can actually be safer than swiping your debit card at a store.

Here’s what experts say about how to keep your money — and your data — safe, plus how to choose banks that prioritize your security....Read more

LOS ANGELES — People who lost homes in the Palisades and Eaton fires can now go online to pick vetted residential templates that could save them money and be ready as early as next year.

Builders Alliance, a nonprofit organization formed in response to the fires, on Friday launched a portal that offers survivors a selection of homes, filtered...Read more

Q: We enjoy feeding the ducks behind our house. Our community association is telling us that we can no longer feed them because it’s causing problems in our community. Can they stop us from doing it? — Graham

A: Feeding ducks and other wildlife can be a relaxing and enjoyable activity that brings you closer to nature. However, it is common...Read more

Mortgage rates in the U.S. increased for a second week, adding to costs for homebuyers already facing a precarious economy.

The average for 30-year, fixed loans rose slightly to 6.24%, up from 6.22% last week, Freddie Mac said in a statement Thursday.

Homebuyers have been reluctant to jump into the market, even with rates now well below year-...Read more

Zillow has been slammed with yet another lawsuit — this time for allegedly incentivizing its affiliated agents to pressure homebuyers into using Zillow’s mortgage business.

The Seattle-based real estate giant is most known for its real estate listing website, but it is also a brokerage and lending agency.

In a lawsuit filed last week with ...Read more

With the average mortgage rate near 6%, U.S. homebuyers are looking at the most affordable monthly payments in a year. But San Antonio real estate agent Tavyn Weyman knows how to get them lower — much lower.

The trick is simple: buy new.

In markets across the U.S., homebuilders sitting on unsold inventory are subsidizing mortgage rates so ...Read more

If you’re a first-time homebuyer with a tight budget, should you consider a fixer-upper? It depends whether you’re willing to be uncomfortable — possibly for a long time.

For some, buying a fixer-upper is a great way to build equity and customize their home. For others, it’s a source of inescapable stress.

“Maybe they’ve never even...Read more

Los Angeles strengthened its rent stabilization law for the first time in 40 years Wednesday, setting a 4% ceiling on annual rent increases for a massive portion of the city’s housing stock.

The historic vote by the L.A. City Council will help set rents for decades to come for tenants who live in units built before 1978 — nearly half of the...Read more

Valerie Valentine bought a triplex in South Los Angeles two weeks ago, and already she wonders whether she made a terrible investment.

Bills are immediately adding up for the small-time landlord, from $1,000 to get the water turned on to $6,000 in annual property taxes. She worries that the amount she collects in rent will not be enough to ...Read more