Economy

Predicting the ‘Right Time’ to Buy or Sell a Home

You can’t see into the future, but you can make an informed decision.

You CAN Reach Retirement! Avoid These Top 5 Retirement Mistakes

Wondering what retirement mistakes will ruin your retirement? Here are the biggest retirement mistakes we all make. Have you ever checked in to see if you are on track for retirement? I know this can feel like a daunting task, but preparing yourself for retirement can help you save more and avoid common retirement mistakes. […]

The post You CAN Reach Retirement! Avoid These Top 5 Retirement Mistakes appeared first on Making Sense Of Cents.

U.S. new-home sales rose in December for first time since July

U.S. new-home sales rose in December for the first time in five months, capping the best year since 2006 and signaling that record-low mortgage rates continue to drive demand for a sector that’s been a bright spot in the economy.

Mortgage and refinance rates today, January 28, 2021

Today’s mortgage and refinance rates  Average mortgage rates fell yesterday, as we predicted. And, as a result, they’re now at a new all-time low. There was mixed economic news earlier […]

The 10 Best Closed-End Funds (CEFs) for 2021

Even the best closed-end funds (CEFs) don’t get much media attention. That’s OK. Strong results and typically high distributions are reward enough.

Mortgage and refinance rates today, Jan. 30, and rate forecast for next week

Today’s mortgage and refinance rates  Average mortgage rates rose yesterday. And the week — which had promisingly seen a new all-time low — ended up going nowhere. Because those averages […]

MBS Day Ahead: 1st Look at Q4 GDP as 10yr Hovers Near 1.0%

Posted To: MBS Commentary

Bonds have rallied or held steady every day this week and the net effect is a visit to the 1.0% psychological floor for 10yr yields. Psychology aside, the floor of the actual trend channel (a series of higher lows and higher highs that connect to form an ascending, parallel boundary for yields since August) is closer to 0.98%. Today brings the first look at Q4 GDP for 2020. While GDP isn't typically a big market mover, this one could provide some food for thought as to how the economy digested the biggest short-term shock in modern economic history. Jobless Claims data is out at the same time and is expected to drop just a bit from 900k to 875k. Later in the morning, we'll get the final tally of 2020's New Home Sales. Finally, the week's last Treasury auction hits at 1pm (these…(read more)

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Mortgage and refinance rates today, January 25, 2021

Today’s mortgage and refinance rates  Average mortgage rates fell more than expected last Friday. And they’re now back within striking distance of the most recent all-time low, set early this […]