Mortgage rates took yet another big jump Monday, with the 30-year average now up an eye-popping full percentage point in just two weeks. The steep ascent has pushed the flagship average firmly into 7% territory. Today’s National Mortgage Rate Averages For a third consecutive day Monday, 30-year mortgage rates bolted higher by two-tenths of a
admin
After wavering much of September, certificate of deposit (CD) rates are more decidedly on the rise this week, following the Fed announcement last Wednesday of another massive rate hike. The top nationally available rate moved up a tenth of a percentage point or more in five of the eight major CD terms, while holding steady
If you feel like housing prices are out of control, you’re not alone. A Pew Research survey conducted in 2021 found that half of Americans now consider the lack of affordable housing as a “major” problem, up from 39% in 2017. (Only 14% of Americans think it is not a problem at all). Since then,
After months in the stock market’s graveyard, American Virtual Cloud Technologies (NASDAQ:AVCT) stock has more than doubled in price since Aug. 26. It’s difficult to prove, but it seems as if the meme crowd, who have dabbled in this cloud communications play before, once again sees the opportunity to make a quick buck. Conversation online
The U.S. stock market has been crashing all year long. In fact, year-to-date, the S&P 500 is down 23.3% through its first 184 trading days of the year. That makes 2022 the fourth-worst year in the stock market’s history. Against that backdrop, we’re all hoping things get better. Well… guess what? They will – and
Key Takeaways Crypto exchange FTX, founded by billionaire Sam Bankman-Fried, beat Wave Financial in an auction to buy Voyager. The move could provide Voyager users with an avenue to regain their lost crypto following Voyager’s crash. The purchase of Voyager marks one of several purchases Sam Bankman-Fried made in the wake of the crypto market
Crypto markets exhibited a sluggish pattern last week, with some dire predictions for the medium-term future being made by analysts. Investors are concerned about the increase in interest rates and general negative sentiments about the economy. Bitcoin is also suffering and doesn’t appear to be poised for a bullish breakout. The flagship cryptocurrency may see bearish trends, as chart
Source: Ruslan Ivantsov / Shutterstock.com Wall Street has officially entered a bear market. Macroeconomic headwinds continue to build, including rampant inflation, slowing economic growth and continued geopolitical turmoil. We now have further uncertainty surrounding the stock market following the most recent interest rate hike. As we enter a bear market, investors are searching for alternative
Ready to invest in a future-facing niche industry? If so, then consider Luminar Technologies (NASDAQ:LAZR), a specialist in lidar, or light detection and ranging. As we’ll discover, not everyone believes in LAZR stock, but there’s at least one prominent analyst who expects Luminar to successfully serve the autonomous-driving market. Moreover, insider stock purchases seem to
Ahead of fresh data on new home sales and home prices this week, there are signs that new homebuyers are backing out of sales. Amid higher interest rates and a softening housing market, home purchase cancellations were above 15% for the second straight month. Last month about 64,000 agreements or 15.2% were cancelled, compared to
It is best not to sleep these battery stocks to buy as many automakers are announcing their intention to completely electrify vehicles by 2035. Thus, the demand for batteries that power electric vehicles (or EVs) will only intensify in the coming years. For example, it is projected that the market for electric vehicle batteries will grow
In this article 2015-HK LCID KDP Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Keurig Dr Pepper — The consumer stock fell 1.5% premarket after Goldman Sachs downgraded the stock to neutral from a buy rating. The Wall Street firm said it sees increased risk to Keurig’s margins
These are seven of the best stocks to buy that can see substantial returns in the months ahead. Despite the ongoing worries on Wall Street, seasoned investors realize that there may be a bull market in some segments of the market even during these gloomy weeks. Fears of sticky inflation and recession led to many
It’s undoubtedly one of the toughest times for the stock market in years. The rising interest rates have been a thorn for equity investors. However, there are hidden bull markets all the time, and perhaps the best financial stocks are what investors should have a close eye on. Financial stocks have performed impressively regardless of
As people acclimatize to the new normal, it’s time to look at some vaccine stocks to sell. Instead of relying primarily on vaccines and antiviral drugs, the government let people manage infections. Once infected with the less fatal strain, Omicron, people would isolate themselves for a few days and then return to work. By shifting
The Vanguard S&P 500 ETF (VOO) is a fund that invests in the stocks of some of the largest companies within the United States. Vanguard’s (VOO) is an exchange traded fund (ETF) that tracks the S&P 500 index by owning all of the equities within the S&P. An index is a hypothetical portfolio of stocks
The FOMC’s dot plot, which is perhaps the most boring but the most terrifying chart in economics and investing right now, is the summary of where members of the Federal Open Market Committee (FOMC) expect the federal funds rate to be over the next three years. It’s an estimate, not a mandate. Still, the most
Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: In this lesson students learn how to use the google stock screener.
In today’s episode of let’s talk stocks, we are going to go back to another technical analysis video, and we’ll take a look at the symmetrical triangle pattern. I’m going to show you both the bullish and bearish case scenario for this pattern. We’ll take a look at what the pattern looks like, its previous
What Is Credit Repair? Credit repair is a process for rebuilding your credit and improving your credit score after they’ve been damaged by poor credit habits, financial setbacks, identity theft, or credit reporting errors. While bogus credit repair offers are a favorite ploy of scam artists, the process itself is legal. There are legitimate credit