Posted in home improvement loans

How canceled student-loan and mortgage debts could affect your taxes and the secret to selling a home quickly during a pandemic

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‘We only want to start a home that we know will get paid for when it’s completed.’ KB Home CEO Jeffrey Mezger on his approach to the home-building boom

The pandemic has made home buyers more interested in kitchen storage and adding bathrooms for family members living with them.

The Property Brothers share the little extras that make a big difference in a home

“Property Brothers” stars Drew and Jonathan Scott know that people love homes with unexpected extras — and on the latest episode of “Brother vs. Brother,” they reveal which extras matter most.

The secret to selling a house quickly during a pandemic? Good listing photos

There is no perfect time to sell a house—anyone who’s ever put a property on the market will tell you that. Sure, tradition tells us that selling in spring might be ideal. But

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Continue Reading How canceled student-loan and mortgage debts could affect your taxes and the secret to selling a home quickly during a pandemic
Posted in contractions

Rich Economies Set to Recover More Quickly From Covid-19 Contractions

By Paul Hannon 

China and other rich countries will suffer less economic damage from the coronavirus pandemic than previously feared, according to the Organization for Economic Cooperation and Development, but the global public health emergency will exact a higher toll on the economies of poor countries.

The Paris-based research body Wednesday said the global economy will contract less sharply this year than it thought likely in June, but warned that the recovery is set to slow from this month and remain vulnerable to fresh outbreaks. The OECD doesn’t expect a vaccine to be widely available until the end of next year.

“Momentum appears to be plateauing and confidence remains weak,” said Laurence Boone, the OECD’s chief economist.

In the latest of its quarterly reports on the global economy, the research body said it now expects the U.S. economy to shrink by 3.8% this year, having forecast a decline of 7.3%

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Continue Reading Rich Economies Set to Recover More Quickly From Covid-19 Contractions
Posted in contractions

Rich Countries Set to Recover More Quickly From Covid-19 Contractions

By Paul Hannon 

China and other rich countries will suffer less economic damage from the coronavirus pandemic than previously feared, according to the Organization for Economic Cooperation and Development, but the global public health emergency will exact a higher toll on the economies of poor countries.

The Paris-based research body Wednesday said the global economy will contract less sharply this year than it thought likely in June, but warned that the recovery is set to slow from this month and remain vulnerable to fresh outbreaks. The OECD doesn’t expect a vaccine to be widely available until the end of next year.

“Momentum appears to be plateauing and confidence remains weak,” said Laurence Boone, the OECD’s chief economist.

In the latest of its quarterly reports on the global economy, the research body said it now expects the U.S. economy to shrink by 3.8% this year, having forecast a decline of 7.3%

Read More
Continue Reading Rich Countries Set to Recover More Quickly From Covid-19 Contractions