Monthly Archives: November 2022

WordPress updates its website builder for the third time this year

Open source CMS WordPress.org has released WordPress 6.1 “Misha” in a bid to expand the block editing experience introduced earlier this year in WordPress 5.9 and WordPress 6.0. Named after the Soviet-Norwegian jazz pianist Mikhail “Misha” Alperin, WordPress 6.1 includes additional updates to its website builder, offering a new default block theme that features ten…

There are 4 types of private mortgage insurance, and the type you choose determines how and when you pay

Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. shapecharge/ Private mortgage insurance protects the lender if you default on your…

North Korea fires the most missiles in a day, raising tensions with South Korea

A North Korean missile landed in South Korean territorial waters — one of 23 missiles the country fired in one day. In response, South Korea launched three missiles into the sea. The exchange escalated tensions between the two countries. North Korea launched at least 23 missiles on November 2, one of which landed in territorial…

The Fed aggressively hikes interest rates for the 4th time in a row in its latest move to fight inflation, amplifying concerns over a recession

Federal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve, Wednesday, May 4, 2022 in Washington. Alex Brandon/AP Photo The Federal Reserve hiked interest rates 0.75 percentage points on Wednesday. This is the fourth consecutive time the Fed has hiked rates at this scale to fight inflation. Some lawmakers worry…

A conventional mortgage simply means one that isn’t backed by the government, and it’s a little harder to get

Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. Choosing between a nonconforming and conforming mortgages may come down to how…

Chinese Tesla rival Xpeng built the most literal interpretation of ‘flying car’ we’ve seen yet — watch its maiden voyage

The Xpeng X3 flying car prototype. Xpeng Xpeng, a Chinese electric-vehicle maker that competes with Tesla, unveiled a new flying-car prototype.  The X3 is a car with four rotors on it, enabling it to switch between driving and flying.  A video of the vehicle’s maiden voyage shows it roll out of a garage and take…

A VA loan is a mortgage for military families with a low interest rate and no minimum down payment

Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. VA loans typically don’t require down payments. Tony Anderson/Getty Images A VA…

A USDA loan is a mortgage for homes in rural or suburban counties, and you don’t need any money for a down payment

Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. A USDA loan usually doesn’t require a down payment. FluxFactory/Getty Images A…