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Foreclosures are up. Here's why experts aren't worried
If you remember the turmoil of the global financial crisis, hearing that foreclosure activity is up might make your knees weak and palms sweaty. I know I can’t help it.
After reading recent reports of climbing foreclosures, I spoke with experts ranging from real estate data companies to non-profit debt counselors to foreclosure auction sites....Read more
Bankrate's 2025 holiday spending report
The winter holidays are a time for dusting off decorations and observing traditions — but they’re also rife with money decisions.
Americans are choosing how much to spend on travel, gifts and decorations in today’s economy, along with how they’ll make those purchases. Some holiday shoppers and travelers plan to use credit cards, but ...Read more
When to use a personal loan to pay off credit card debt
In a perfect world, no one would need to take out a loan to consolidate and pay off debt. In the real world, however, sometimes borrowing money is the only way to dig your way out.
This is mostly due to high interest rates on credit cards. With the average credit card APR (annual percentage rate) at 20.01 percent as of October 2025, consumers ...Read more
Economists are realizing the job market is cooling. Workers have known it for months
Andy Challenger is the person businesses call when it’s time to let workers go. And for the past year and a half, his phone hasn’t stopped ringing.
A third-generation outplacement consultant at Challenger, Gray & Christmas — the firm his grandfather founded in the 1960s after his own layoff — Challenger has heard a variety of reasons ...Read more
Everyday Cheapskate: Gratitude on a Budget: Cheap and Cheerful Ways to Give Back
Some people's generosity comes with ribbon-cutting ceremonies and giant cardboard checks. The rest of us? We show our gratitude with banana bread or offering to watch the children to give harried parents a much-needed break.
The truth is, giving back doesn't have to come with a big price tag to have a big impact. In fact, some of the most ...Read more
Nir Kaissar: The gold FOMO trade is too late
When I can’t listen to a podcast without someone trying to sell me gold, when money managers tell me clients are jonesing for the shiny metal, and when friends call to ask what I think about buying it, I know without looking at a single chart that the price of gold has gone vertical and that FOMO has set in.
And wouldn’t you know, the ...Read more
East Bay hotel is foreclosed in sign of region's ailing lodging market
NEWARK, Calif. — A Newark hotel was seized by its lender due to a delinquent loan, a foreclosure that highlights the wobbly values for the region’s hospitality market.
The Hyatt Place Newark/Silicon Valley hotel at 5600 John Muir Dr. is now owned by an affiliate of lender State Bank of Texas following a foreclosure of an $18 million loan, ...Read more
US mortgage rates drop to lowest level in more than a year
Mortgage rates fell to the lowest level in more than a year, easing affordability concerns for homebuyers.
The average for 30-year, fixed loans was 6.19%, down from 6.27% last week and the lowest since early October 2024, data from Freddie Mac show.
Falling rates have given house hunters more buying power, but demand has been constrained by ...Read more
Real estate Q&A: Do I have to pay for damage neighbor says is caused by palm tree root?
Q: I live in a senior community HOA. My neighbor says the roots of my royal palm are lifting her pavers around her pool. The tree, planted by the developer on my property four years ago, is 10 feet from the property line. Since the tree was already mature, I find it unlikely its roots grew fast enough to cause the damage. The neighbor wants me ...Read more
How the federal government came to control the majority of land in Nevada
The federal government controlling the vast majority of land in Nevada dates all the way back to the 1800s when the territory was first admitted to the United States, according to a former longtime employee.
When Nevada became a state in October 1864, state representatives and stakeholders were only eyeing the northern part of Nevada due to its...Read more
Want the 'Rolls-Royce' of holiday decorations? Call this LA team -- and pay up to $50,000
LOS ANGELES -- It's Monday afternoon in Madison Heights, a stately Pasadena neighborhood where the seasonal decor is as tasteful and predictable as a Hallmark movie.
Suddenly, like a strange wind, a U-Haul truck quietly pulls in front of an elegant home. Within minutes, a crew of black-clad workers begin emptying the truck's contents, briskly ...Read more
Everyday Cheapskate: When It Comes to Storing Bananas, Don't Believe Old Wives' Tales
For years, I believed an old wives' tale that bananas will turn black and spoil almost instantly if you put them in the refrigerator. In fact, I even passed this notion on to you. Whoops! Hearing from reader Lin made me reconsider, test, and now, recant. Lin is right. I was wrong!
BANANAS IN THE FRIDGE
I read in your column a while back about ...Read more
California business leaders want voters to expedite state's environmental review process for housing, infrastructure
LOS ANGELES — California voters could soon be asked to usher in a major overhaul of the state's landmark environmental law, a proposal aimed at expediting crucial infrastructure projects, including housing construction, by creating new deadlines for environmental oversight.
The California Chamber of Commerce on Tuesday introduced a ballot ...Read more
Everyday Cheapskate: 14 Surprising Ways a Bar of Soap Can Make Your Life Easier
If you're a fan of liquid soap for hand-washing and prefer to use body wash in the tub and shower, bars of soap may seem quite old-fashioned. And you may be surprised to learn that good old bar soap still has a valuable place in an active household! Bar soaps -- any scent, and even those little bars from your last hotel stay -- are useful for ...Read more
Everyday Cheapskate: Cheap Source for Quality LED Lightbulbs and More Great Reader Tips
Not all companies are starving for business these days. If my mailbag is a good indicator, businesses that offer any kind of repair do better during economically turbulent times.
Makes sense. After all, it doesn't require a Mensa membership to know that it is often cheaper to repair than to replace. And how about those dollar stores? They're in...Read more
Everyday Cheapskate: How to Kick Chiggers Out of Your Yard Without Going Broke
You spend a perfectly nice Saturday pulling weeds, trimming roses and finally conquering that corner of the yard that's been giving you side-eye since spring. You feel productive, a little sunburned and oddly proud. Fast-forward to 3 a.m. -- you're wide awake and scratching like you rolled around in fiberglass. What on earth happened?
...Read more
Real estate Q&A: Should I let buyers rent condo for weekend before closing?
Q: I’m about to sell our condo, and the new buyers want to rent it for the weekend before closing. Have you ever heard of this? Should I say yes, or is this a reason for them to cancel the sale if they don’t like staying there? — Doug
A: While it is not uncommon for buyers to ask for early access to a property before closing, you should ...Read more
Developers should build more apartments for families, study argues
In the years since the Great Recession, apartment construction in the United States has boomed. And more of these new homes have been smaller units, with fewer bedrooms, including studio apartments.
A recent paper from the Institute for Family Studies, a nonprofit that focuses on strengthening marriage and family life, argues that developers ...Read more
$2-billion mega-development in Skid Row clears major hurdle with LA officials
A proposed mega-development in downtown Los Angeles, which would replace a cold storage facility with a $2-billion residential and commercial complex, cleared a major hurdle last week when the city Planning Commission backed it.
Commissioners unanimously recommended the construction of Fourth & Central in the Skid Row neighborhood.
The 7.6-...Read more
A 'middle-income' housing program didn't deliver on promises of affordability. Can Oakland make it work?
Oakland, California, officials have a new take on a controversial housing program that hasn’t always delivered the affordability it promised struggling renters.
Across California, cities have signed on to a financing plan in which market-rate apartment buildings are bought and supposedly re-rented at rates affordable to teachers, nurses, and...Read more




























