Denver Neighborhood Guide: City Park West
The City Park West neighborhood is a bustling, walkable, and entertaining neighborhood centrally located in downtown Denver.
The post Denver Neighborhood Guide: City Park West appeared first on Homie Blog.
Prices
2020âs Most and Least Financially Literate States
Financial literacy is the ability to understand and use money skills to maintain your personal finances. This mostly applies to simple money skills the everyday person uses, like building a grocery budget and saving for a rainy day and retirement. Our first experiences with money typically begin when we get our first allowance or cash
The post 2020âs Most and Least Financially Literate States appeared first on MintLife Blog.
Fed slows rate hikes, signals further increases are coming
The Federal Reserve slowed its drive to rein in inflation and said further interest-rate hikes are in store as officials debate when to end their most aggressive tightening of credit in four decades. Policymakers lifted the Fed’s target for its benchmark rate by a quarter percentage point to a range of 4.5% to 4.75%. The … [Read more…]
Markets Surprisingly Surprised by Unsurprising Powell Comments
Markets Surprisingly Surprised by Unsurprising Powell Comments We were pretty sure we knew what Powell would generally say in today’s press conference. He turned out to be generally predictable. After all, there are really only two things the Fed can think or say right now: A) still need to see more progress on inflation and B) data will determine when our job is done. Despite Powell’s unsurprising comments, the market was apparently surprised (or relieved?). This is surprising considering the simple list of routes in the Fed playbook. Perhaps it’s as simple as the market being overly prepared for a Hawkish smackdown from Powell and instead getting a logical approach. Econ Data / Events ADP Employment 106 vs 178 f’cast, 253 prev ISM Manufacturing 47.4 vs 48.0 f’cast, 48.4 prev ISM Prices 44.5 vs 39.4 prev Job openings and labor turnover survey (JOLTS) 11.012 vs 10.44 mln prev Market Movement Recap 08:38 AM Flat in Asia. Slightly stronger in Europe. Additional gains after ADP Employment data. 10yr down 4bps at 3.472. MBS up nearly a quarter point. 10:24 AM Weaker into and out of the 10am data. Still stronger on the day, but at weakest levels. MBS down 1 tick (0.03) in 5.0 coupons. 10yr down 1.3bps at 3.499 12:09 PM Decent recovery now. MBS up at least an eighth in 5.0 coupons. 10yr down 3.5bps on the day at 3.479. 03:11 PM Almost exclusively positive in response to the Powell press conference. 10yr down 11bps at 3.402 and MBS up half a point.
Fed delivers the expected 25 bps rate hike. Whatâs next?Â
As expected, the Fed slowed the rate hikes in 2023 amid cooling inflation data, sparking hopes of a recovery for the housing market this year.
Mortgage rates should keep falling, boosting home-builder stocks, analysts say – MarketWatch
Mortgage rates should keep falling, boosting home-builder stocks, analysts say MarketWatch
Mortgage Applications Rise Even As Rates Inch Up. Is It Time To Buy Or Refinance?
The real estate market was hit hard in the recent downturn. But not all is lost. Rates are low, and home prices are down. Buying a house? You’re in luck.
The post Mortgage Applications Rise Even As Rates Inch Up. Is It Time To Buy Or Refinance? appeared first on Bible Money Matters and was written by Peter Anderson. Copyright © Bible Money Matters – please visit biblemoneymatters.com for more great content.
Reader Question: “The Stock Market Isn’t Doing Too Hot…”
weeks ago. Should she make any changes based on current market conditions??
HomeLight Review – The Best Place to Find Your Next Realtor?
The post HomeLight Review – The Best Place to Find Your Next Realtor? appeared first on Well Kept Wallet.
Donât Fall For This Worst Investing Mistake
Avoid one of the worst investing mistakes and focus on whatâs really important with diversification.
The post Donât Fall For This Worst Investing Mistake appeared first on Bible Money Matters and was written by Joseph Hogue, CFA. Copyright © Bible Money Matters – please visit biblemoneymatters.com for more great content.