The United States often ranks as one of the best countries to start a business in, but the ease with which one can do business varies state by state. There are many considerations that factor into starting a business like the available workforce, the condition of local infrastructure, access to investors, a culture that’s open to business, and so on.
Newsfeed: Ranked: America’s Best States to Do Business In Read More »
Home prices declined 0.77% from June to July, the first monthly fall in nearly three years, according to Black Knight, a mortgage software, data and analytics firm.
Just months ago, the housing market remained in overdrive: surging home prices, historically low interest rates and unrelenting demand. However, data now suggests to some experts that the market is in a “housing recession.”
Rent prices in the U.S. are rising at the fastest pace in decades, slamming U.S. households across the country, according to data from the Bank of America Institute.
Newsfeed: Surging rents squeezing middle-class Americans the hardest, study shows Read More »
A high share of home sellers dropped their asking price in July, particularly in pandemic boomtowns, as they struggled to match their expectations with the reality of the cooling housing market.
Newsfeed: 70% of Boise Home Sellers Dropped Their Asking Price in July Read More »
The gathering consensus that inflation has peaked is spurring a FOMO moment for bonds, with investors eager to buy and chatter that 10-year Treasury yields could drop all the way back to 2%. That sort of Treasuries rally is unlikely unless China’s slowdown worsens.
Newsfeed: Forget The Fed, China Is Why US Yields Can Hit 2% Read More »
One of the best ways to make more money is to pay less tax … But all too often, investors fail to take advantage of the tax-saving opportunities outlined in the tax code.
Podcast: Investments the Government Will Pay You to Make Read More »
I write about mortgage rates every week, but recently, I’ve heard some sources chattering about what’s called the “real mortgage rate.” In a nutshell, this is the interest rate on mortgages minus the current inflation rate. “With inflation running so high right now, even though mortgage rates have risen, the real mortgage rate is a negative number,” says Kate Wood, home expert at NerdWallet. When the CPI was at 9.1%, for example, “if you had a mortgage with a 5% interest rate, your real mortgage rate is -4.1%,” she says. (See the lowest mortgage rates you can get here.)
The US mortgage industry is seeing its first lenders go out of business after a sudden spike in lending rates, and the wave of failures that’s coming could be the worst since the housing bubble burst about 15 years ago.
Newsfeed: US Mortgage Lenders Are Starting to Go Broke Read More »
The US mortgage industry could be on the cusp of a bust cycle as the Federal Reserve’s most aggressive interest rate hikes in decades have sent mortgage loan application volume crashing.
Newsfeed: Private Mortgage Lender Bust Begins As Loan Applications Crash Read More »