As we navigate through a turbulent economic climate, the need for insightful investment strategies has never been more crucial. According to John Lloyd from Janus Henderson, 2024 holds promise for investors willing to look beyond traditional avenues of fixed-income investments like Treasurys and investment-grade credit. What’s remarkable here is the emphasis on relative valuations —
Real Estate
In an alarming twist, recent months have seen tens of thousands of federal workers face the ire of an administration intent on slashing government spending. Undercuts from the Trump administration are likely to escalate as the Federal Housing Administration (FHA) is now under scrutiny, with potential job losses looming on the horizon. Antonio Gaines, a
In a climate swamped by market volatility and noise, savvy investors must equip themselves with strategic insight rather than succumb to fear. Recent comments from Russell Brownback of BlackRock reveal a valuable perspective: the fundamentals of the economy remain robust, despite external distractions like political turmoil and economic policy debates. Brownback emphasizes the strength of
In what can only be described as a whirlwind moment for the housing market, a recent dramatic drop in mortgage interest rates has rekindled interest among both seasoned homeowners and first-time buyers. The Mortgage Bankers Association (MBA) reported a staggering 20.4% increase in mortgage application volume over the last week, a shift that finally defies
Tariffs imposed by the government may sound like a technical matter, but the repercussions hit home for many Americans. With an array of products integral to home construction now facing hefty tax increases, prospective homeowners could soon find themselves shutting the door on the American dream. The Trump administration’s recent tariffs—20% on Chinese imports and
Nestled in southeast Kansas, Neodesha is a quaint town that once thrived in the oil boom of the early 20th century. With only around 2,100 residents, its most notable landmark is a towering structure that once supported the drilling framework for the first commercial oil well west of the Mississippi River. However, the glory days
The housing market took a substantial hit in January, marked by high mortgage rates and persistent home prices that led to a notable decrease in sales. According to data from the National Association of Realtors (NAR), pending home sales—key indicators based on signed contracts—suffered a staggering 4.6% drop from the previous month. This decline represents
In a noteworthy development within the housing market, mortgage interest rates recently experienced a decline, reaching their lowest point in two months. Specifically, the average interest rate for 30-year fixed-rate mortgages with conforming loan balances dropped to 6.88%, a slight decrease from the previous week’s rate of 6.93%. Despite this positive shift in rates, the
As the rental landscape continues to evolve in the aftermath of the COVID-19 pandemic, prospective renters must recalibrate their focus when searching for accommodation. According to data from Zillow, median rent prices for single-family homes have surged by approximately 41% since the onset of the pandemic, whereas multi-family rentals have experienced a comparatively lower boost
Recent developments in mortgage rates indicate a slight decline, yet this has not translated into a surge in applications, revealing a disconnect between rate changes and housing demand. Mortgage interest rates experienced a small dip last week, with the average for 30-year fixed-rate loans falling marginally from 6.95% to 6.93%. However, despite this decrease, mortgage