Economy

How Are Mortgage Rates Determined?

Buying a home is a major financial undertaking. After all, the median home listing price in the U.S. was nearly $230,000 in 2019, and the prices have only gone up since then. If you need to obtain a mortgage loan to complete the purchase, it can get even more expensive. When you add in a […]

The post How Are Mortgage Rates Determined? appeared first on The Simple Dollar.

Tread Carefully in a Hot IPO Market

Be wary of high-priced initial public offerings (IPOs) in a stock market that’s stacked against you.

Mortgage and refinance rates today, January 29, 2021

Today’s mortgage and refinance rates  Average mortgage rates inched up by the smallest measurable amount yesterday. So they’re immediately adjacent to the new all-time low set on Wednesday and equal […]

Differences Between Previous and Current FOMC Statements

Posted To: MBS Commentary

The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. The COVID-19 pandemic is causing tremendous human and economic hardship across the United States and around the world. EconomicThe pace of the recovery in economic activity and employment havehas continuedmoderated toin recoverrecent butmonths, remainwith wellweakness belowconcentrated theirin levelsthe atsectors themost beginningadversely ofaffected by the yearpandemic. Weaker demand and earlier declines in oil prices have been holding down consumer price inflation. Overall financial conditions remain accommodative, in part reflecting policy measures to support the economy and the flow of credit to U.S. households…(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

19 Wealth-Building Lessons From the Latest Financial Crises

There’s something valuable to learn in every downturn.

13 Best Consumer Discretionary Stocks for 2021

Consumer discretionary stocks could have plenty of room to run in 2021 as the economy (and America) normalizes. These are 13 picks to watch.

How low can we go? 30-year mortgage rate charts tell the story

30-year mortgage rates chart with average 30-year rates since 1972. Rates have been dropping, but can they go lower still? Find out here.