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Mike Winters

Reporter

Indexed articles, last 90 days
6
Latest publication
Sep 30, 2026
Outlet visibility, for CNBC
Top 5K sites
Earliest in this view
Aug 10, 2026

Latest articles

  1. Article · Sep 30, 2026 · Mike Winters

    The growing problem of 'permanent car loans': Why the math of car buying is breaking down (opens the original)

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    In June, a salesperson at Always Auto, a car dealership in Wichita Falls, Texas, walked into owner Josh Letsis' office looking for help with a trade-in. A customer wanted to trade in a 2025 Ram 3500 with just 14,000 miles on it. He was paying $1,472 a month and hoped to lower his payment. The problem? He owed about $79,000 on a truck valued at roughly $58,000, according to Letsis. That left him about $21,000 in negative equity, which is when a borrower owes more on their car loan than the vehicl

  2. Article · Aug 31, 2026 · Mike Winters

    Waiting for homebuying to get more affordable? Here's what to expect in 2027 (opens the original)

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    If you've been waiting for the housing market to get more affordable before buying a home, 2027 may not bring much relief. The latest forecasts suggest 30-year fixed mortgage rates could remain closer to 7% next year, keeping borrowing costs high for prospective buyers. The average 30-year fixed rate is currently 6.81%, according to Mortgage News Daily. Fannie Mae now expects rates to average 6.7% in 2027, a notable jump from the 6.3% it forecast just a month ago. The Mortgage Bankers Associatio

  3. Article · Aug 22, 2026 · Mike Winters

    Airbnb's new fee change frustrates hosts—what to know before renting out your home (opens the original)

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    Renting out a home on Airbnb can be a good way to earn some extra cash — but a new fee policy shows how quickly the economics of running a short-term rental can change. By Sept. 15, Airbnb is moving all U.S. hosts to a new fee structure, the company says. Under the old system, hosts generally paid a service fee equal to 3% of the booking subtotal while guests paid a separate 14.1% to 16.5% service fee on top of that price at checkout. Under the new system, hosts will instead pay a single 15.5%

  4. Article · Aug 19, 2026 · Mike Winters

    Good car leasing deals are harder to find, automotive experts say—here's why (opens the original)

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    Leasing has traditionally offered car buyers a relatively affordable way to drive a new vehicle every few years, typically with a lower monthly payment than financing a purchase. But automakers are subsidizing fewer leases than they did before the Covid-19 pandemic. “We're having fewer people leasing overall, as you have fewer incentivized programs from automakers making leasing look attractive,” Ivan Drury, director of insights at Edmunds, tells CNBC Make It. The pullback has helped push le

  5. Article · Aug 12, 2026 · Mike Winters

    Why NFL rookie Barion Brown says he saved ‘every penny’ of his first pro paycheck (opens the original)

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    For an NFL rookie, the first paycheck might seem like an opportunity to splurge. But not for New Orleans Saints wide receiver and return specialist Barion Brown. Brown, 22, was asked what he wanted to buy for himself or someone else after receiving his first NFL paycheck following a training camp practice on Aug. 6. "Nah, I'm a sixth-round guy, man," he said. "Gotta save every penny I can get." Brown, the No. 190 overall pick in April's NFL draft, was selected in the second-to-last round. He has

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