SpaceX IPO To Trigger Massive South Texas Housing Boom As Employees From Engineers to Cafeteria Workers Cash In

SpaceX made its stock market debut on Friday, minting a fresh crop of millionaire employees who are expected to fuel a real estate boom near the company's South Texas headquarters. “It is certainly hard to believe that a little company that started in a warehouse in El Segundo is now going public,”

The Rise of the ‘Halfbacks’: Retirees Who Moved to Florida Are Now Fleeing It

The classic retirement pipeline has been established for years: Grow up in the Northeast, make your money in a place like New York, and then retire to Florida for the low cost of living and easy beach access.  But a new migration pattern is emerging. A confluence of factors have soured things a bit

What Is Jordan Klepper’s NYQ?

On a scale of Kalamazoo to the Bronx Zoo, where does The Daily Show’s Jordan Klepper fit? This is NYQ, a series in which we find out how “New York” notable New... More »

Mortgage Calculator: Here’s How Much You Need To Buy a $430K Home at a 6.52% Rate

Mortgage rates rose slightly this week, with the average rate on 30-year fixed home loans increasing to 6.52% for the week ending June 11, according to Freddie Mac. This 4-basis-point uptick from last week’s 6.48% shows continued minor fluctuations in borrowing costs. Compounding the rate hike for b