By Emma Ockerman
Wednesday’s best personal finance stories
Hi, MarketWatchers. Don’t miss these top stories.
Brace yourself: the Fed is about to inflict “some pain” with a 75 basis point rate hike. Here’s how to prepare your wallet and wallet.
This is the Federal Reserve’s third 75 basis point rate hike this year. Read more
Existing home sales in the United States fall for the seventh consecutive month in August
Sales of existing homes fell 0.4% to 4.8 million in August, the National Association of Realtors said. Read more
Halfway through trial period, companies say they are happy with four-day working week, survey finds
Halfway through a six-month trial in the UK, companies that let their employees work four days a week say they are happy with the results. Read more
Mortgage applications rise for first time in six weeks, despite rates hitting 6.25%, signaling ‘volatility’ in housing market
The average rate for a 30-year mortgage is 6.25%. Still, refinances and purchases have increased over the past week, the Mortgage Bankers Association said. Read more
How do cash advance apps work and are they better than payday loans?
Neither is an ideal first choice for borrowing money quickly, but knowing their differences can help you save money and avoid hurting your finances. Read more
Thinking of an EV? Here’s your guide to buying an electric car.
How to buy an EV? What about maintenance, incentives and cargo space? Here’s what to look for when buying an electric car. Read more
Three common travel disasters and what to do about them
Here are three common issues with airlines, the types of travel insurance you need to cover expenses, and how you could get free travel insurance.
“She never explained anything”: I am an elderly person and I lost $100,000 on the stock market this year. Can I sue my financial advisor?
“I informed my financial adviser that I was going to retire months before all of this happened.” Read more
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