The Daily Money: Housing market shows some hope
Good morning and Happy Friday! This is Betty Lin-Fisher with Friday's consumer-focused The Daily Money.
The housing market is beginning to show some glimmers of hope amid some grim reports.
First, the bad news: Sales of previously-owned homes only gained 1.3% in July, according to the National Association of Realtors. Also, mortgage rates, while down slightly compared to last week, are still higher than most home loans held by nearly all Americans.
But there's some positive news, according to my new colleague and Paste BN housing reporter Andrea Riquier.
Amazon will have another Prime Day in October
If you missed Amazon's Prime Day event in July, or if you are looking for another chance to get some Prime Day deals, the online retail giant is giving you another chance.
Amazon has announced that it will have another Prime Day event in October.
📰 Consumer stories you shouldn't miss 📰
- More couples are making prenups that include their pets.
- Change these settings on your iPhone to find it, even if its offline, according to CNET.
- Here's how travel insurance works for luggage.
- The clothing we discard is a problem for the environment. Listen to this episode of The Excerpt.
- Fall is the best time to get some travel deals.
🍔 Today's Menu 🍔
Walmart and Burger King are teaming up. In an announcement Thursday, the retailer said its Walmart+ members will receive a 25% discount on digital orders from Burger King. There's also another special perk of the partnership.
About The Daily Money
Each weekday, The Daily Money delivers the best consumer and financial news from Paste BN, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.