I have been a real estate investor in the real world for many years. I own residential single-family houses, multifamily apartments, and even commercial properties. I am also a real estate broker, house flipper, and YouTuber so when I heard about virtual real estate I was intrigued but also skeptical at the same time. I … Read more
Well that didnât take long â demand to buy a home is now back above its so-called â¨âpre-coronavirus levels,â per a new analysis from real estate brokerage Redfin. The company said demand was a seasonally-adjusted 5.5% higher during the week ending May 10th than it was prior to the COVID-19 pandemic. Of course, it would… Read More »Home Buyer Demand Bounces Back, Small Towns Become Hot
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Federal Reserve Governor Christopher Waller said roughly $2 trillion of reserves could be taken out of the banking system without disrupting banks. Waller discussed monetary policy and his views on the economy during an hourlong event Friday afternoon hosted by the Council on Foreign Relations. During the event, he said the Fed could reduce its … [Read more…]
Since coming off the highest rates in more than a decade in November, bonds ran into resistance just before the end of the year. That resistance coincides with 10yr yields in the 3.40-3.42 neighborhood. While we did see slightly lower levels earlier this week, it seems we can’t yet say that a definitive breakout has taken place. Part of the hesitation in longer-term bonds could be due to the absence of a clear commitment in expectations for short-term rates. Specifically, the market increasingly believes that the Fed will keep rates higher for longer even though they don’t see the Fed getting “over 5%” as most Fed speakers have suggested. The following chart of Fed Funds Futures for September shows more of a consolidation of expectations as opposed to an outright shift. There’s nothing too meaty on the calendar today, nor at the beginning of next week. Traders may have to hear from the Fed the week after that before committing to the range breakout.
While it might look and sound counterintuitive at first glance, it could actually make perfect sense. Instead of assuming that home loan financing is just a cumbersome, yet mostly guaranteed step toward the American Dream, understand that it will dictate the home shopping process itself. After all, without a mortgage, thereâs a good chance you… Read More »Look for a Mortgage Before You Search for a Home
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The idea for this post came after watching an episode of Rich Kids of Instagram. I honestly don’t watch a lot of TV (just a few hours a month, at the most, is the norm for me because we don’t have Netflix, cable, or local channels), but somehow I found this show and got sucked […]
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Mortgage interest rates expected to drop in 2023âhere’s by how much CNBC
In this episode, Sean Pyles and Liz Weston talk about what would-be home buyers and sellers should think about this year.
Recruiters want to see certain skills in any remote worker they add to the team. Here’s how to make sure you’re prepared.
Today, I have a great guest post from Matt from Method To Your Money. Here are the strategies he used to graduate (nearly) debt-free from college. If you’re getting ready to attend college, or if you’ve got kids who are preparing to go off to school, student loans can sometimes feel like a forgone conclusion. In […]
The post 12 Strategies I Used To Avoid Getting Buried in Student Loan Debt appeared first on Making Sense Of Cents.