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Want to Buy a Home in 2025? Here’s Where Mortgage Rates Will Land

December 5, 2024 RickMad 0

Mortgage rates are expected to come down next year, but the decline is unlikely to be enough to provide relief for many would-be buyers in the U.S.’s ongoing affordability crisis. […]

Former ‘Million Dollar Listing Miami’ Star Reveals The ‘Game Changer’ In Real Estate Heading Into 2023

December 27, 2022 RickMad Comments Off

FoxBusiness.com: Real estate expert Sam DeBianchi weighs in amid ‘tricky’ market to close out 2022, gives predictions for 2023 Real estate has proved to be a “tricky” market to navigate, but one industry expert argues […]

America’s 40-Year Housing Market ‘Tailwind’ Could be Coming to an End — With Rising Mortgage Rates and Worsening Affordability

October 28, 2021 RickMad Comments Off

MarketWatch.com: Americans’ home-buying power could diminish in the months ahead, according to a new report. As home prices continue to grow — albeit at a slower pace — Americans are set to see their purchasing […]

US Long-Term Mortgage Rates Fall; 30-year at 2.86%

September 10, 2020 RickMad Comments Off

AP: U.S. average rates on long-term mortgages fell this week amid signs that the halting economic recovery slowed over the summer. The key 30-year mortgage again marked an all-time low. Mortgage buyer Freddie Mac reported […]

Housing Market

Mortgage Rates Finally Drop—But Is It Enough To Revive the Fall Housing Market?

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 [...]
Bitcoin

JPMorgan Now Offers Clients Access to Six Crypto Funds … But Only if They Ask

Cointelegraph.com: JPMorgan now offers access to six different crypto funds from GrayScale, Osprey Funds and NYDIG. Advertisements Advertisements JPMorgan Chase quietly opened up access to six crypto funds over the [...]
Stock Market

Technology Stocks Keep Stumbling; Nasdaq Down 9% In 3 Days

AP: Big tech stocks are continuing their Icarus-like flight path, and more sharp declines for them are dragging Wall Street toward a third straight loss on Tuesday. The S&P 500 [...]
Economy

Private Sector Hiring Slows Sharply in July

FoxBusiness: ADP says US economy added 330,000 private-sector jobs in July. U.S. private sector job growth slowed sharply in July amid an uptick in new COVID-19 infections. Advertisements Advertisements The U.S. economy added 330,000 [...]
Stock Market

Stock Markets Are Now Addicted To Stimulus – And Central Banks Have No Exit Plan, Guggenheim’s Scott Minerd Says

MSN.com: Markets are hooked on economic stimulus, and central banks have no exit strategy, Scott Minerd said.“For the time being, we’re just addicted to this,” Guggenheim’s chief investment officer said [...]
Housing Market

New-Home Construction Surges Higher Amid Higher Lumber Prices — In All But One Region Of The U.S.

MarketWatch.com: ‘An eventual easing of supply pressures and low inventories should be supportive of building activity even as mortgage rates rise next year’ The numbers: Housing starts surge higher U.S. [...]