Dion Rabouin

3 days ago | bankrate.com | Dion Rabouin |Hanna Horvath

If you’ve been watching mortgage rates hover near 7 percent this year, you’re probably feeling frustrated. The dream of homeownership feels more expensive than ever. And for many prospective buyers, purchasing when rates are high means stretching their budget, settling for less house than they want or risking financial strain. But here’s what many buyers don’t realize: High mortgage rates actually create an opportunity for savers.

3 days ago | wavepublication.com | Dion Rabouin |Darlene Donloe

Descendants of former slaves would be eligible for housing payouts from the state under a pair of bills approved by California lawmakers last week. The state Assembly overwhelmingly voted in favor of Assembly Bill 57 and Assembly Bill 62, which are being described as a step toward reparations for Black Californians. But it’s worth asking how much difference they will really make.

4 days ago | wavepublication.com | Darlene Donloe |Dion Rabouin

Nicole Harper Rawlins is a respected woman in Los Angeles’s business world. She and her sister, Kerri Harper-Howie own 24 McDonald’s restaurants throughout Los Angeles County, building a business empire one restaurant at a time. A dedicated community developer, Harper Rawlins, will be honored at the Los Angeles Urban League’s 50th anniversary Whitney M. Young, Jr. Awards and Celebration on June 11 at the Skirball Cultural Center.

6 days ago | bankrate.com | Dion Rabouin |Hanna Horvath

In 2025, U.S. savers are showing less willingness to move their money between banks, a notable shift from the deposit flight and rate-chasing behavior seen in prior years. This inertia comes at a significant cost: With deposit growth slowing and consumer mobility declining, banks have little incentive to boost savings rates, potentially leaving less savvy savers earning pennies while inflation erodes their purchasing power. So what’s going on?

1 week ago | wavepublication.com | Dion Rabouin |Shirley Hawkins

Cryptocurrency giant Bitcoin shattered records last week, surging above $112,000 per coin and capturing attention from Wall Street to Main Street. With everyone from U.S. Rep. Maxine Waters to President Donald Trump weighing in on cryptocurrency, Black businesses and potential investors — especially those in L.A. — should understand what’s going on.