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Asian markets mostly rise on interest rate, inflation hopesAsian shares were mostly higher Wednesday on hopes that the curbs on U.S. interest rates may moderate after new data showed signs of slowing inflation.
Source: MarketWatch - 🏆 3. / 97 Read more »
Philly’s first-time home buyers will get more help from the city when its grant program returnsIn addition to high home prices and rising interest rates, down payments and closing costs stand in the way of home ownership for many people. Is she headed to the prom? Lol, is Philly going to have a BMW assistance program? Where does one get an application for that?
Source: PhillyDailyNews - 🏆 89. / 67 Read more »
Here Are Some Smart Money Moves to Make Now Amid High Inflation, Rising Interest RatesAs consumer prices soar and the Federal Reserve is poised to raise interest rates, consumers should rethink their strategies for their credit cards and savings.
Source: NBCNewYork - 🏆 270. / 63 Read more »
Three value stocks that can provide safety as interest rates riseValue strategies have held up better than growth strategies. But rather than focusing on indexes, investors might be well-served in diversifying with conservatively run companies selected by value managers with a global perspective.
Source: MarketWatch - 🏆 3. / 97 Read more »
Kevin Carmichael: Brace for more big hikes because the Bank of Canada is far from finishedICYMI: Brace for more big hikes because Bank of Canada is far from finished — via financialpost Canada Economy inflation
Source: TheStarPhoenix - 🏆 253. / 63 Read more »
Mortgage rate spike boosts ARM demandWith the rise in mortgage rates along with the Federal Reserve increasing rates to curb inflation, the MBA sees mortgage originations slowing. Here we go again...those ARMs are what led to the crash in '08...start out at 1.5%, 3 years later...it's 5.5%...
Source: FoxBusiness - 🏆 458. / 53 Read more »