Recession and Stagflation Discussions Open as Inverted Yield Curve Returns The yield on the two-year Treasury note was higher than the yield on the 10-year Treasury note for the first time since 2019 on March...
Read MoreOn March 22, the average interest rate on the 30-year fixed mortgage reached 4.72%, moving 26 basis points higher since last Friday. This is compared to March 2021 when rates were about 3.45%. As a...
Read MoreSpeaking at a conference on March 21, Chairman Powell stated that raising rates by more than .25% could be considered at future Federal Reserve meetings. His comments referenced the strong job market and pandemic-related economic...
Read MoreThe March 8 NFIB Optimism Index continued to fall in February to 95.7 compared to the average score of 98. Inflation was again reported by 26% of business owners as their biggest concern with 68%...
Read MoreThe NY Fed report released March 7 showed credit card balances fell 0.3% after increases in December and November, 4.9% and 24.8% respectively. Total consumer debt, which rose only $6.8 billion, had been forecast for...
Read MoreAmericans with student loans are in for a fast-approaching wake-up call, according to a recent blog post by the Federal Reserve Bank of St. Louis. Student loan interest and payments are scheduled to resume after May...
Read MoreWith the inflation rate at its highest in four decades, real estate investors are concerned about the strength of the market’s ability to combat against higher prices. Commercial properties have long been viewed as inflation...
Read MoreRetail properties are re-gaining momentum among mortgage bankers and lenders even as lender sentiment shifted significantly during the pandemic. After witnessing the performance of various retail property types throughout the pandemic, lenders are feeling more comfortable...
Read MoreThe monthly Department of Commerce report exceeded expectations, rising 3.8% in January, well beyond the 2.1% increase predicted. This was largely supported by on-line sales, home furnishings and vehicle sales. Bars and restaurants, however, saw...
Read MoreThe Wall Street Journal reports that momentum is growing in multifamily apartment real estate in the South and Southwest among investors. Investors poured a record $335.3 billion into apartments across the country in 2021. Nearly...
Read MoreThe February 10 Consumer Price Index, which measures the changes in the prices paid by consumers for a basket of consumer goods and services, showed a year-over-year change of 7.5% in January, the highest level...
Read MoreAccording to the Wall Street Journal, consumer use of Buy Now, Pay Later (BNPL) plans has grown eightfold since September 2020 for at least one BNPL company that works with American Airlines, Delta Vacations and...
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