Personal Finance

The pros and cons of buy now, pay later

While buy now, pay later plans offer financial flexibility, they introduce a high risk of debt, and can leave the user unprotected if something goes wrong.

Home prices exceeded inflation by more than 200%: Home Bay

Median home prices since 2020 have outpaced inflation by more than 200%, according to a study by Home Bay. And despite a cooling of inflation, rising prices of basic goods and services have remained a concern for many Americans, reports have suggested.

Home price growth continues to slow down: Fannie Mae

Home prices increased by 4.7% year-over-year in Q1 2023. However, that marked a significant slowdown from annual growth in the previous quarter. Still, low home supply and high mortgage rates have raised affordability issues for potential home buyers. Here’s what you need to know.