Property News

Jeffrey Epstein used his private retreat in the U.S. Virgin Islands to sexually abuse multiple women. A billionaire plans a new luxury resort there.

When the Federal Reserve boosts its benchmark rate, everything from credit cards to savings accounts can be affected.

The Fed's rate increases over the past 14 months have more than doubled mortgage rates, elevated the costs of auto loans, credit card borrowing and business loans and heightened the risk of a recession.

Mortgage demand dropped last week despite a slight easing in interest rates, while trouble in the banking sector makes jumbo loans more expensive.