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BlackRock's Rieder Expects Two Fed Cuts This Year
Bloomberg Television· 2025-06-30 17:32
I want to talk about the Fed and cuts. I just did a snap poll on X and we have most people think to cuts. That seems a majority.Second, most would be one and then 13% said zero. I'm in the 13% camp. I just don't see the need for it.What's the problem here. Why cut rates. Why change something if it seems to be going so well right now.So. So I throw out one thing. So you think about the Fed raised interest rates 500 basis points.What was the impact on the economy. Not really debilitating. And I think one thin ...
X @Investopedia
Investopedia· 2025-06-30 17:00
Check our interactive map to find today's average 30-year mortgage refinance rate for any U.S. state. Right now, the cheapest refi states are California and New York. https://t.co/qGAOEaXXNX ...
This Housing Crisis Is Way Worse Than 2008…Here’s Why
Coin Bureau· 2025-06-29 12:45
i'm still waiting me too me too me too me too everyone keeps waiting for the housing market to crash but what if the market is already crashing out just not in the way anyone expected this time it's less 2008 style implosion and more frog in boiling water the market is fundamentally unaffordable gridlocked by design and slowly rugging the path to middle class wealth the bad news isn't that the market is going to crash the bad news is that it isn't so stay tuned to find out why my name is Nick and you're wat ...
2025 real estate market outlook: Why buying a home seems impossible
Yahoo Finance· 2025-06-28 16:01
Well, KB Home cutting its revenue outlook for the year after reporting weak second quarter results. This is the housing market. It remains sluggish with existing home sales seeing their worst May since 2009.Joining me now, we've got Meredith Whitney, Meredith Whitney Advisory Group CEO. Meredith, good to have you back on Yahoo Finance with us. We we just heard remarks from Fed Chair Jerome Pal that he plans to keep rates on hold.So, what is the risk that that poses to the housing market. Well, the housing m ...
How the Fed's interest rate decision affects your money, mortgage rates, and credit card debt
Yahoo Finance· 2025-06-28 00:30
Well, Federal Reserve officials are split on whether an interest rate cut in July is on the table depending on whether the FOMC holds rates steady or reduces the benchmark rate. What does that outcome mean for your everyday finances. Here to explain and discuss further, we've got Rob Conzo, who is the Wealth Alliance CEO.Rob, good to have you here with us. How does the Fed's benchmark rate affect people's personal finances. Great to be with you, Brad.Um, it's a very misunderstood rate. It's the red the rate ...
X @Investopedia
Investopedia· 2025-06-27 23:01
Check our interactive map to find today's 30-year mortgage rate average for any U.S. state. Right now, the cheapest state rates range from 6.61% to 6.71%. https://t.co/rKqExBbDS3 ...
WARNING: The Consumer Debt Bubble Is About to Burst
Coin Bureau· 2025-06-27 14:01
we all know that governments are drowning in debt but there's another debt crisis quietly unfolding in the background one that could hit much closer to home the record-breaking mountain of consumer debt from soaring credit card balances to rising mortgage payments and the return of student loan bills millions of Americans are feeling the squeeze so in today's video we'll break down the data unpack what's really happening and ask whether a crisis could be brewing right under our noses my name is Guy and this ...
X @Investopedia
Investopedia· 2025-06-26 22:00
Check our interactive map to find today's 30-year mortgage rate average for any U.S. state. Right now, the cheapest state rates range from 6.69% to 6.80%. https://t.co/4iJHNk5dmv ...
Why can't millennials buy homes? Blame the Fed strategist says
Yahoo Finance· 2025-06-26 19:42
We've got Thomas Hayes, Great Hill Capital Chairman and Managing Member here. So, as we think about the SLR, of course, as we're hearing from Fed Chair Jal, who was commenting on it during his two-day stint on Capitol Hill, both discussing with the House Financial Services Committee and then additionally with uh the Senate yesterday here, this question came up. The SLR was supposed to act as a backs stop to riskbased capital requirements.Too often, the SLR acts as a binding requirement for US banks. They we ...
Pending home sales May +1.1% year-over-year
CNBC Television· 2025-06-26 14:32
Fresh housing data just crossing. Diana Olic has that for us. Diana.Well, David, pending home sales in May rose 1.8% from April and were 1.1% higher than May of last year. That according to the realtors. This is a small beat.The street was actually looking for basically flat. Now, this count is based on signed contracts. So, people out shopping in May when mortgage rates were climbing and briefly went over 7% on the 30-year fix.Regionally, sales were strongest month-to-month in the Northeast and West, but c ...