Fallout from the Silicon Valley Bank collapse has directed attention to a $620 billion ticking time bomb in the banking system that has the potential to spell doom for the financial system.
Some tech industry founders got emails from their venture-capital investors on Thursday urging them to move their money out of Silicon Valley Bank, according to people familiar with the matter, adding pressure to the already troubled firm.
Newsfeed: SVB’s 44-Hour Collapse Was Rooted in Treasury Bets During Pandemic Read More »
Some tech industry founders got emails from their venture-capital investors on Thursday urging them to move their money out of Silicon Valley Bank, according to people familiar with the matter, adding pressure to the already troubled firm.
On Friday, residential real estate brokerage firm Redfin released new data on home prices, showing that prices fell 0.6 percent in February, year over year. According to Redfin’s numbers, this was the first time that home prices actually fell since 2012.
Newsfeed: Real Estate Markets Are Addicted to Easy Money Read More »
Tax season can be stressful for the millions of Americans who owe money to Uncle Sam. Every year, the average U.S. household pays nearly $11,000 in federal income taxes. And while we’re all faced with that same obligation, there is significant difference when it comes to state and local taxes. Taxpayers in the most tax-expensive states, for instance, pay two times more than those in the cheapest states.
Newsfeed: States with the Highest & Lowest Tax Rates Read More »
In a congressional effort to increase retirement savings, Secure Act 2.0 was recently signed into law … And it’s sure to affect people with retirement accounts. But what impact could it have on YOU and your real estate investing?
Podcast: Macroeconomics and Main Street Investing Read More »
Despite a recent softening in the US housing market, a combination of rising borrowing costs and still-high prices have put prospective first-time homebuyers in a serious bind.
Newsfeed: First-Time Homebuyers Are Absolutely Screwed Right Now Read More »
Mortgage rates have doubled over the past year and this has hit housing affordability hard. How much housing prices will retrench is still up in the air. Consider the whole premise housing prices in America are about to fall like a stone may be overdone. Hard economic times could very well take a greater toll on the price of intangible assets and paper promises than on things like housing.
Newsfeed: The Face Of Housing Ownership Is Changing Read More »
The average rate on the 30-year fixed mortgage jumped back over 7% on Thursday, rising to 7.1%, according to Mortgage News Daily.
Newsfeed: Mortgage rates jump back over 7% as inflation fears drive yields higher Read More »
The risk of a structural rise in yields has heightened as bondholders begin to demand more compensation for inflation that is increasingly ingrained.
Newsfeed: Bond Vigilantes Awaken As Inflation Becomes Embedded Read More »