U.S. consumer prices accelerated 9.1% last month, the fastest annual pace since November 1981 and the hottest print of the current inflation cycle.
U.S. consumer prices accelerated 9.1% last month, the fastest annual pace since November 1981 and the hottest print of the current inflation cycle.
Newsfeed: Inflation surges 9.1% in June, most since November 1981 Read More »
BRICS members call for cross-border payment in BRICS currencies to challenge the U.S. dollar. The BRICS—an acronym for Brazil, Russia, India, China, and South Africa—held a summit on June 23.
Newsfeed: China And Russia Want To Replace US Dollar With BRICS Currencies Read More »
Join “The Apartment King” Brad Sumrok, as he shares his journey in how he got started in apartment investing and thrived in down markets … Even through the 2008 recession. Learn how to win BIG with apartments and make your portfolio recession-proof!
Winning with Apartments in a Recession Read More »
Second quarter profits at big U.S. banks are expected to fall sharply from a year earlier on increased loan loss reserves, as the pandemic recovery gives way to a possible recession.
Newsfeed: Big U.S. banks’ second quarter profits to tumble on higher bad loan reserves Read More »
Housing has become increasingly unaffordable to millions of Americans — with home prices and mortgage rates continuing to rise (see the lowest rates you may qualify for now here).
Just as we warned back in March, housing affordability, as measured by Goldman Sachs, has deteriorated to its worst level on record.
Newsfeed: Housing Crisis Worsens As Affordability Reaches Record Low Read More »
What’s the secret to getting started in real estate investing? We get this question a lot … And while there’s no easy button, we think the best thing a new investor can do is to get involved with a community of people who already are out doing deals in the real world.
Well, that should have been a wake-up call. The 30-year mortgage rate soared by 24 basis points recently to 6.18%. So the latter now stands at well more than double the 2.65% rate which prevailed just 18 months ago in January 2021, and at the highest level since the tail end of the Great Financial Crisis in 2009.
Newsfeed: David Stockman on Why the Great Reckoning Has Begun Read More »
Commercial real estate values have soared over the past two years, with most property sectors climbing past pre covid values by over …