Economics Federal Reserve Drops Funds Rate in Surprise Cut Amid Coronavirus Fears For the first time since 2008, the Federal Reserve cut rates outside of a scheduled meeting. The federal funds rate dropped 50 basis points...
Economics Will Interest Rates Continue to Fall? After the bonanza of interest rate cuts during 2019, many experts expected rates to remain low but not necessarily drop again. But last week...
Economics Will the Coronavirus Affect the Housing Market? Investor fears due to the coronavirus have pushed the stock market way down after a particularly prosperous 2019. Now, the home building...
Economics Will Mortgage Rates Hit an All-Time Low? With the coronavirus stressing the global community and rocking the U.S. stock market, mortgage rates dipped to the lowest levels in three...
Economics Mortgage Rates Fall Amid Coronavirus Fears As fears surrounding the coronavirus heighten, mortgage rates fell this week. Despite positive economic data regarding the U.S. labor market...
Economics How Can You Tell If the Housing Industry Is Healthy? The percentage of people moving in America fell to an all-time low of 9.2 percent in 2019. For the housing industry, that is not a good sign...
Economics Which States Have the Most Tax Debt? Would you have guessed that Wyoming residents have the largest income tax debt across all 50 states and the District of Columbia? Wyoming...
Affordability 'I Can’t Afford LA' It’s not a Randy Newman song, but being the least affordable housing market in the nation is a distinction that Los Angeles has taken from...
Economics Housing Prices Continue to Rise as Inventory Falls in January Compared to 2019, the start of 2020 looks promising. But two pressing issues remain that could threaten the otherwise relatively stable...
Economics Why Economists Say the Affordable Housing Crisis Is the Next National Priority Wages are up. Unemployment is low. Yet for many Americans, homeownership is out of question. As the inventory shortage deepens, both housing...
