Author: kerrys

The Federal Reserve didn’t change rates this week, but it pledged to use its “full range of tools” to support the U.S. economy as the pandemic continues to grow.

Homeowners who spent a lifetime working, raising families and paying mortgages have a greater net worth later in life. Among U.S. families who own rather than rent, a primary residence accounts for 90% of total wealth – and 99% for the bottom 20% of low-income owners.