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Personal Finance Daily: $60 million marijuana startup co-owned by rapper was a Ponzi scheme, feds say and the 30-year mortgage rate is back above 7%

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Up in smoke: $60 million marijuana startup co-owned by rapper was a Ponzi scheme, feds say

The SEC says money raised for WeedGenics was spent on cars, houses and adult entertainment — and to prop up rapper BigRigBaby’s career. Read More

‘Buckle in’: The 30-year mortgage rate is back above 7%. Here’s how many extra dollars homeowners will pay each month.

The 30-year fixed-rate mortgage rose back above 7%, according to Mortgage News Daily. Higher rates add hundreds of dollars in monthly costs. Read More

One of the most expensive real-estate markets in America just got pricier

“It’s a landlord’s market, one broker says of New York City. Read More

‘We grew up in a tumultuous household’: My sister blocked my number. Should I remove her from our $70 family phone plan?

‘I think her behavior is egregious — to block my number and expect me to continue paying her bill.’ Read More

New home sales rise as buyers run out of options in the resale market

New home sales at 683,000 annual rate in April versus 656,000 in prior month. Read More

Real-estate investors flee South for Midwest. Rental growth for the Sun Belt in 2023 is projected at 0%.

Investors are seeing profitability drop in the Sun Belt, according to reports, pushing them towards Midwestern markets Read More

Five popular small cars rate ‘poor’ for rear-seat safety in new, tougher crash test

For rear-seat passengers, even the safest small car isn’t as safe as it could be. New tougher crash tests indicate a risk of injuries in these popular compacts. Read More

The strategies of a ‘happy investor’ and how she’s building generational wealth

After graduating in a recession, saddled with student loans and making just $40,000 a year, this mom decided to build her investing skills and grow her wealth. Read More

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