To afford an average U.S. home, homebuyers should now earn a minimum annual income of $114,000.
The Lowdown, According to the AP, Published May 11, 2025
According to the latest scoop from Associated Press, we've got a bunch of news worth shouting about!
First off, let's talk about politics. Former President Trump got his shuffle on and brought in none other than Fox News host and ex-judge Jeanine Pirro as the top federal prosecutor in good old D.C. [1] That's right, folks – things are really heating up!
Meanwhile, Pope Leo XIV took the stage for his very first Sunday address as Pope. And what was on the agenda? A call for peace in some hotspots like Gaza and Ukraine, where crises continue to rage on. An aid worker spilled the beans about some of the harrowing conditions in Gaza after three months of a tight Israeli blockade.[1] Heavy stuff, that's for sure.
So there you have it – high-level political moves from Trump and a call for global peace from Pope Leo XIV. The world keeps spinning, and we're here to keep you in the loop!
In the realm of personal finance, a notable shift was reported in the housing market as the Federal Reserve announced an adjustment to the mortgage rates, signaling a potential boost for investors looking to buy properties this quarter [1]. On a related note, industry experts are advising individuals to diversify their real-estate portfolio and stay informed about market trends to make sound investing decisions in this dynamic market environment. [1]
