SeekingAlpha.com: Consumer prices heated up again in August, as the prices of gasoline and housing contributed to the Consumer Price Index. For the month, the measure increased 0.6%, the same as the 0.6% expected and surging from […]
Forbes.com: Investors are more and more confident that the U.S. economy can avoid falling into recession in 2023. This so-called “soft landing,” the sweet spot between cooling inflation and a still-growing economy, appears to be a real […]
FoxBusiness.com: Freddie Mac reported rates for a 30-year fixed mortgage averaged 7.18% as of Thursday. The housing market continues to leave homebuyers struggling to find affordable options as mortgage rates surge and inventory remains scarce. One industry […]
Realtor.com: After rising for an alarming five weeks straight, mortgage rates have at long last cooled a bit. For the week ending Aug. 31, rates for 30-year fixed-rate loans averaged 7.18%, according to Freddie Mac. […]
ZeroHedge.com: This concentration of housing ownership by the wealthy is the direct result of Federal Reserve and federal policies that benefit the wealthy. We’re told that sky-high rents and home prices are the result of […]
The Street.com: Many Americans could deplete their savings this fall, a study says. U.S. households are blowing through their pandemic-era savings, with many consumers’ accounts going bust in the third quarter of 2023, the Federal Reserve […]
FoxBusiness.com: Existing home sales slump in July as supply shortage, high mortgage rates limit buyers’ options. U.S. existing home sales continued to slide in July as a combination of steep mortgage rates and a worsening supply shortage […]
DNYUZ.com: A model Chinese property developer in a sector replete with risk takers is teetering on the edge of default. Short of cash, one of China’s biggest asset managers has missed payments to investors. And […]
RealInvestmentAdvice.com: Since the beginning of 2022, the media has regularly warned a recession is coming. As we suggested previously, if a recession DID occur, it would be the most well-forecasted recession ever on record. Something else has […]
Reuters.com: HONG KONG/NEW YORK, Aug 18 (Reuters) – Embattled developer China Evergrande Group (3333.HK) has filed for U.S. bankruptcy protection as part of one of the world’s biggest debt restructurings, as anxiety grows over China’s worsening property […]
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