High interest rates are one of the most significant hurdles buyers face when jumping into the housing market right now. As anyone who has bought a home in recent years knows, interest rates have more than doubled since 2020. For a 30-year fixed-rate mortgage, you’re looking at an average interest rate of somewhere between 6% […]

A Miami Beach penthouse owned and designed by art curator Ximena Caminos, the former partner of Argentinian hotelier and real estate developer Alan Faena, has just hit the market for $7.7 million. Caminos, the founder of Faena Art, is also the founder of ReefLine, a 7-mile-long underwater public sculpture park, snorkel trail and “purpose-built” reef […]

Dozens of students at Sydney Catholic high schools have been banned from bringing a date into their official year 12 under a new policy, causing “huge uproar”. Under the rules, which apply to the 147 school systems within the city’s Catholic archdiocese, parents will also be prohibited from drinking alcohol at end-of-year celebrations. Issued earlier […]

A man affected by ALS has become the first person in the world to control an Amazon Alexa digital assistant through his thoughts – thanks to a brain implant created by a New York-based neurotech startup. Synchron – a company specializing in medical technology solutions – has implanted its brain-computer interface (BCI) into a blood […]

Today’s high interest rates have created a ticking time bomb for many homebuyers who took out an adjustable-rate mortgage near the start of the COVID-19 pandemic. About 330,000 homeowners who took out an ARM in 2019 have already seen their five-year fixed-rate term end, and another 100,000 will join them next year, according to ICE […]

These well-heeled renters could easily afford to become homeowners, but they simply would prefer not to. For most Americans, it’s finances that hold them back from buying property — but among the ultra-wealthy elite, for whom money is hardly an object, there’s a growing preference for renting over buying. Over the past 15 years, the […]