Interest Rates

Business News

Barbara Corcoran Says This Is the One Question to Ask Before Selling Your Home

Barbara Corcoran sold The Corcoran Group in 2001 for $66 million.

Money & Finance

How the 2024 Election Outcome Could Affect Interest Rates and Impact Your Finances

Let's take a look at how each candidate's policies could impact interest rates if they win the election.

Business News

'Confidence and Commitment' or 'Old Demons?' Experts Are Divided Over the Fed's Decision to Cut Interest Rates

EY's chief economist and JP Morgan Wealth Management's head of investment strategy weighed in on the decision.

Thought Leaders

America is Becoming the Land of Inequality and Diminishing Returns. Here's Why.

Earning six figures is no longer as impressive as it once was. This is the birth of America's dual economy.

Business News

The Inflation Report Dashes Hopes of a Jumbo Rate Cut Next Week

The chance of a 50-basis-point cut by the Fed this month has likely been erased.

Real Estate

Gen Z and Millennials Are Avoiding High Interest Rates — But It Can Be Risky, Real Estate Expert Warns

The typical age to purchase a first home is 36 — the oldest ever on record.

Business News

CPI Report: Inflation Hits 3-Year Low, Analysts Predict Fed Will Cut Rates Next Month

Wednesday's CPI report tracks inflation to its lowest point since early 2021.

Business News

Elon Musk Calls the Fed 'Foolish,' Says Agency 'Needs' to Lower Interest Rates

On Monday, the U.S. stock market plummeted after a global selloff and fears of a recession.

Real Estate

What You Need to Know About the Future of Real Estate Lending in a High Interest Rate Environment

Let's try to dissect the future of lending in real estate amidst these higher interest rates. Based on my years of experience, I'll debunk common misconceptions, provide valuable insights for stakeholders and navigate through the complexities of the current lending environment.

Business News

Prices Fell in June for the First Time Since 2020. Are Interest Rate Cuts Coming Next?

The Bureau of Labor Statistics' latest Consumer Price Index report reveals something that hasn't happened in a very long time: declining consumer prices. Here's what that could mean for interest rates.

Real Estate

The Average American Can't Afford a House in 99% of the U.S. — Here's a State-By-State Breakdown of the Mortgage Rates That Tip the Scale

A new report from global business services company Flatworld Solutions reveals the disparity across the country.

Management

High Interest Rates Aren't Going Anywhere — An Economist Explains What This Means for the Cost of Doing Business

Unless the real interest rate drops, companies that borrow to raise capital can expect to keep paying high rates for quite a while. Here's what this is likely to mean for how they do business.

Business News

I Got a 2.5% Mortgage Rate Last Year When Everyone Else Was Getting 6%. It's Saving Us $40,000 and Helping Pay Off My Medical Bills for Cancer Treatment.

Getting an assumable mortgage takes time and patience, but it is possible to snag a much lower rate.

Leadership

Interest Rates Are Going to Drop This Year. Here Are 6 Ways Businesses Can Take Advantage When the Time Comes.

Opportunity is around the corner, so here's how you can make sure you're watching the right rates.