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New Study Finds Retirees Are Struggling to Pay Their Mortgage
Most imagine retirement as a time of boundless leisure time, month-long vacations, and worry-free days. But for many retirees in the time of COVID, this is not the reality they face. According to a new study by Clever, many have not been saving enough, putting them in dire straits during the pandemic. Instead of playing […]
The post New Study Finds Retirees Are Struggling to Pay Their Mortgage appeared first on RealtyBizNews: Real Estate News.
America’s Most Sleep-Deprived Cities
Is New York City really the city that never sleeps? Here’s where the most sleep-deprived Americans live.
Rates Under Pressure Despite Weak Jobs Report
Economic data is traditionally one of the key contributors to interest rate movement. Of the regularly-scheduled reports, none has more market-moving street cred than The Employment Situation–otherwise known as “the jobs report” or simply NFP (due to its headline component: Non-Farm Payrolls). The relationship between econ data and rates can wax and wane. Covid definitely threw a wrench in the works, and economists still don’t know exactly how things will shake out. In general, the market is trading on the assumption that things continue to improve even if the data isn’t making that case today. In fact, today’s jobs report specifically suggests something quite different . The economy only created 49k new jobs in January, and the last few reports were revised much lower to boot. Taken together
MBS Day Ahead: Another Rocky Start Fans Flames of Rising Rate Trend
Posted To: MBS Commentary
Stop me if you've heard this one before, but the bond market is in the midst of a big-picture correction from the all-time lows seen in the middle of 2020. The correction has taken the form of modestly-sloped 'trend channel' (parallel lines marking higher highs and higher lows in Treasury yields). A week ago today, yields bounced at the lower end of that trend channel, thus introducing the risk of a move back to the other side (the higher side!). Resilience on Friday and Monday offered hope that yields could find a lower ceiling before making such a move, but based on bond trading within the past 48 hours, the risks remain. Hope remains as well, due to the fact that yields are still technically trying to hold under the 1.125% level which has provided support on 9 of the past 17…(read more)
Governor Cuomo Announces Findings of New York Investigation of Redlining in Buffalo – ny.gov
Governor Cuomo Announces Findings of New York Investigation of Redlining in Buffalo ny.gov
What Is the Generation-Skipping Transfer Tax?
Estate planning can help you pass on assets to your heirs while potentially minimizing taxes. When gifting assets, itâs important to consider when and how the generation-skipping tax transfer (GSTT) may apply. Also called the generation-skipping tax, this federal tax … Continue reading →
The post What Is the Generation-Skipping Transfer Tax? appeared first on SmartAsset Blog.
Important welfare statistics for 2021 – Lexington Law
Important welfare statistics for 2021
The information provided on this website does not, and is not intended to, act as legal, financial or credit advice. See Lexington Lawâs editorial disclosure […]
How Long Will My Savings Last?
If only we had access to a reliable crystal ball, how simple saving for retirement could be. Instead, the process can feel more like a Magic 8 Ball® inquiry, finding fresh and fleeting new answers to the familiar question âHow long will my savings last?â Telling you to concentrate and ask again, that it is […]
The post How Long Will My Savings Last? appeared first on SoFi.