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In the end of 2018, average home sales slowed in the United States. In 2019, home sales reports are showing a drop in home sales year-over-year for the same month. Meanwhile, real estate inventory has begun to increase and is expected to continue to increase throughout 2019. That would seem to be good news for…
Read MoreIn the December 2018 meeting, the federal reserve had indicated the likelihood of raising interest rates at least twice in 2019. Wednesday, February 20, the minutes of the January 29-30th Federal Open Market Committee came out. The Reserve is now indicating only one interest rate hike in 2019, noting they wish to avoid “the possibilities…
Read MoreAt a point where US home sales have started to slow, our economy has come to depend on the continued growth in home sales, and today’s top increase in home sales is led by millennials, females and Hispanic sectors of the population.
Read MoreThe catastrophe bond market’s merit was underscored by the way it continued to operate effectively despite recent volatility stimulated by catastrophe losses, but after the losses it is expected that investors will want to see cat bond rates harden, according to Swiss Re.The global reinsurance firm has published its latest review of the catastrophe bond…
Read MoreAn estimated two-thirds of United States’ college loan debt is held by women. Some of this debt was generated by women taking out student loans for their own education which they were unable to repay later and others when one or more parents co-signed for their children or grandchildren’s student loans. According to CNBC, 56…
Read MoreThe relationship between United States and China substantially affects the economies of both nations. Believing that we shouldn’t import Chinese goods as we buy products at the Dollar store is a little like believing we should eat only natural foods as we bite into a twinkie. Our economy currently counts on discounted prices from Asian…
Read MoreRenters crave home ownership as part of the American dream, but just don’t feel ready or able to take on the responsibility or risk of buying a home and committing to a new mortgage yet.
Read MoreIf your resolutions already crashed, it may be your second chance! Happy Chinese New Year, Spring Festival and Lunar New Year 2019!
Read MoreToday, a friend of mine lamented how she wished she could retire now, but can’t afford it. Neither can I retire today, unless I can live on much less than I do now. The conversation made me think. How ready are most of us to retire when we want to retire? This is just a…
Read MoreTraditionally money is not saved by a Government shutdown. In fact, government shutdowns cost more money. In the past, Furloughed government employees have been given back pay for the layoff period. Now, the uncertainty is causing many consumers to forego vacations and other spending and focus on paying down consumer debt. Not eating out, bypassing…
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