Mortgage rates are skyrocketing thanks to the Fed, but buyers who can tough out this difficult, changing market will be rewarded.
In times of Treasury turmoil, the biggest investor outside American soil has historically lent a helping hand. Not this time round.
In times of Treasury turmoil, the biggest investor outside American soil has historically lent a helping hand. Not this time round.
Newsfeed: Biggest Treasury Buyer Outside U.S. Quietly Selling Billions Read More »
When we were reading through real estate data this month, three stats caught our eye. The first: That the number of active foreclosures …
The current housing market is an interesting one, to say the least. Right now, home prices are up on a national level while borrowing has gotten fairly expensive. That’s putting a lot of would-be buyers in a tough spot.
Newsfeed: 3 Real Estate Trends to Watch Out For in May Read More »
Jerome Powell doesn’t like to bless bets in financial markets, but he could shift the needle this week on how high investors expect the Federal Reserve to raise interest rates to cool overheated prices.
Newsfeed: Powell’s Fed Set to Go Big and Keep Going Until Inflation Tamed Read More »
The first shipments of Russian coal and crude oil, paid for in yuan, will arrive in China in April and May, respectively.
Newsfeed: China Calls Out U.S. Dollar Dominance As It Buys Russian Coal With Yuan Read More »
In the week ending April 28, 2022, mortgage rates fell for the first time in eight weeks. 30-year fixed rates slipped by 1 basis point to 5.10%. 30-year fixed rates rose by 11 basis points in the week prior.
Newsfeed: U.S Mortgage Rates Fall for the First Time in 8-Weeks Read More »
After a tumultuous week of violent lurches higher (but mostly lower), the S&P 500 has ended April with its worst start to a year since the start of World War 2…
Newsfeed: Buffett Blasts Bankers For Turning Stock Market Into “A Gambling Parlor” Read More »
Both incomes and spending were expected to rise MoM in March and they did with spending rising 1.1% MoM (almost double the 0.6% rise expected) and outpacing the 0.5% MoM rise in incomes.
Newsfeed: Fed’s Favorite Inflation Signal Hits 40 Year High As Savings-Rate Crashes Read More »