When to Give Up on a Stock
Selling should have little to do with price. What matters is the business itself and whether it has changed for the worse.
Selling should have little to do with price. What matters is the business itself and whether it has changed for the worse.
The US Federal Reserve Bank announced its key interest rate decision at the end of its meeting today. Fed chairman, Jerome Powell, also offered some indication as to the Fed’s future decisions through the year. In a widely expected move, the Fed left the target for the federal funds rate unchanged at a range of … [Read more…]
When youâre struggling financially, sometimes the best option is to get a personal loan. Unfortunately, âcheap loansâ in the form of low-interest rates are hard to come by if you donât have the right credit score. The interest rate is the amount youâll pay over the life of the loan on top of the loan […]
The post How to Get a Low-Interest Personal Loan appeared first on The Simple Dollar.
Why are mortgage rates going up? How Biden impacts rates The Mortgage Reports
Falling mortgage rates might not help borrowers this time . Lenders are pulling loan programs, refusing to lock rates, and raising credit score minimums.
Janet Yellen was confirmed by the U.S. Senate as the country’s 78th Treasury secretary and the first woman to hold the job, putting her in charge of overseeing an economy that continues to be hobbled by the coronavirus pandemic.
Posted To: Mortgage Rate Watch
What’s a bond market rally and why should mortgage rates care? There are all kinds of bonds. US Treasuries would be the quintessential example, but there are also bonds specific to the mortgage market. These are what groups of loans ultimately become in order to be traded on the open market (thus allowing lenders to make more loans with less risk and lower rates). As investors buy and sell bonds throughout the day, bond prices change. The higher the price, the lower the implied interest rate. Simply put, if bonds are rallying, rates should be falling shortly thereafter. The 10yr Treasury yield is typically an excellent barometer for mortgage rate movement. 10yr Treasuries and mortgage-backed bonds tend to correlate extremely well. As such, we might expect a more significant improvement in mortgage…(read more)