September 23, 2024
“…The so-called dot plot indicated that 19 FOMC members, both voters and nonvoters, see the benchmark fed funds rate at 4.4% by the end of this year, equivalent to a target range of 4.25% to 4.5%. The Fed’s two remaining… Continue Reading…
September 5, 2024
“The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.43% from 6.44% Applications for a mortgage to purchase a home did rise 3% for the week but are still 4% lower… Continue Reading…
August 20, 2024
“The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) fell slightly to 6.54% from 6.55%. The refinance share of mortgage activity increased to 48.6% of total applications from 41.7% in the previous week.… Continue Reading…
August 7, 2024
“The average rate on the popular 30-year fixed mortgage dropped 22 basis points to 6.4% Friday, according to Mortgage News Daily. That is the lowest rate since April 2023. The 15-year fixed rate fell to 5.89%, its lowest level since early May… Continue Reading…
July 10, 2024
“Tesla’s stock price rose enough on Friday to wipe out its loss for the year and bring its gain for the week to 27%. Shares of the electric vehicle maker closed Friday at $251.55. They ended last year at $248.48, and… Continue Reading…
July 8, 2024
“…Most investors would probably be happy with these returns. However, those who want even bigger gains might want to check out the VanEck Semiconductor ETF (NASDAQ: SMH). This ETF has soared a whopping 48% year to date… This year’s big returns aren’t… Continue Reading…
May 17, 2024
“Grocery prices fell on the whole in April for the first time in 12 months, according to data released Wednesday by the Labor Department. Prices for food at home fell 0.2 percent in April, according to the Labor Department’s consumer… Continue Reading…
May 14, 2024
“3. Delay Social Security…” https://finance.yahoo.com/news/record-4-1-million-americans-120000058.html That’s all you need to see from this article. This comment is so stupid its evil. Make no mistake this level of stupidity is evil. I’m going to tell you why this is evil. If… Continue Reading…
May 13, 2024
“…The average Wall Street consensus price target for SoFi stock is a more modest 29%, but John Hecht at Jefferies has a price target of $12 — 72% higher than today’s price. That was actually a price cut from $15. As… Continue Reading…
May 10, 2024
“…The “new GE,” GE Aerospace, is far extended from a 132.50 buy point off a three-weeks-tight pattern. That means shares are not within buy range. The stock is up 80% from a November 2023 breakout past a flat-base entry, according to MarketSurge pattern recognition.… Continue Reading…
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