The latest personal finance headlines from Forbes.
This is a preview of Sound Money, Forbes’ free weekly newsletter about pressing issues that matter to your financial well-being: Personal finance, investing, taxes and retirement. Subscribe to get it delivered to your inbox. The “American Dream” has long been built on a foundation of homeownership. Yet, as income and wealth gaps swell and housing prices reach new heights, that dream is becoming more elusive, particularly for those looking to buy their first home. This week, Forbes published a series of stories to help you make sense of the blazing housing market, and to evaluate your place in the hearth. Plus, read on for the latest on tax hikes, reinvented index funds, will-writing and more. Housing prices are burning hot across the country— here’s what is (and isn’t) stoking the fire. If you’re still intent on taking advantage of today’s low mortgage rates, make sure you can actually afford the home you hope to buy. Meanwhile, here’s some encouraging news: the Biden Administration is taking steps to help close the gap between Black and white homeownership rates, which is now wider than it was more than 50 years ago, just before the 1968 Fair Housing Act was enacted.
