Published by FOX Business | April 20, 2022 Whether America is facing a crisis in its real estate market remains up for debate. The Federal Reserve Bank of Dallas made headlines in recent weeks after warning that there are signs of a “brewing U.S. housing bubble.” That prospect sparks fear in anyone who remembers or felt the impacts …
Published by REALTOR Magazine | April 13, 2022 Over the last year, the cost of shelter has increased 5%, marking the largest increase in four decades The rate of inflation reached 8.5% in March, continuing at a 40-year high and showing few signs of relief for consumers. Higher gas prices, food, and housing costs fueled the consumer …
Written By Dan Harkey | Business & Private Money Finance Consultant In 1913 folks could buy a five-course meal and iced tea for 10 cents. That was about the time when the Federal Reserve system (central bank) was established. Since that time, approximately 109 years later, as of 2022, inflation increased by 2,740%. Many folks …
Published by FOX Business | March 28, 2022 The “Billionaire Minimum Income Tax” would establish a 20% minimum tax on all U.S. households worth more than $100 million President Biden has unveiled a new minimum tax targeting billionaires as part of his 2023 budget request, proposing a 20% rate that would hit both the income and …
Biden Proposes New Minimum Tax on Billionaires, Unrealized Gains Read More »
Published by FOX Business | March 25, 2022 Households that paid no federal income tax expected to plunge next year More than half of U.S. households paid no federal income taxes in 2021, a temporary spike attributed to massive COVID-19 relief spending in the form of tax credits and stimulus payments. A recent analysis from the …
STUDY: 57% of American Households Paid No Income Tax Last Year Read More »
Published by CNBC | March 23, 2022 The 30-year fixed mortgage loosely follows the yield on the 10-year U.S. Treasury, which is now at the highest level since May 2019. The average rate on the popular 30-year fixed mortgage hit 4.72% on Tuesday, moving 26 basis points higher since just Friday, according to Mortgage News Daily. …
Published by Fox Business | March 17, 2022 Odds of a U.S. recession have increased to 20% to 35% because of the Ukraine war, economists say Goldman Sachs economists warned the probability of the U.S. economy plunging into a recession in the next year has risen dramatically in the wake of the Russia-Ukraine war. The economists, led by Jan …
Goldman Says Ukraine-Russia War Could Trigger U.S. Economic Recession Read More »
Published by FOX Business | March 8, 2022 A mass exodus is driving people from expensive cities and it’s causing people in other places to become priced-out. Rent and home prices have seen major increases over the past year and in some places, they’ve hit record highs. The rising cost of living has caused people in …
Rental and Home Prices Expected to Rise Even More This Year Read More »
Published by CNBC | March 2, 2022 While mortgage rates rose to the highest level in two years last week, they have since fallen quite sharply due to the war in Ukraine. Mortgage demand stalled last week, as interest rates hit a multi-year high, but that will likely change quickly. Rates are now falling fast …
Weak Mortgage Demand Could Get a Big Boost Amid Ukraine Crisis Read More »
Published by CNBC | March 4, 2022 While many homeowners are on their way toward financial recovery after the worst days of the pandemic, the need for help continues. Most of the pandemic-era forbearance options for struggling homeowners have come to an end, but a pot of money allocated by Congress is still available for those who need …
Struggling Homeowners Can Get Between $15k and $80k From Pot of Federal Money Read More »
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