Home decor is a manifestation of personal style, and 2024’s interior design trends provide even more ways to express your point of view—boldly.
The accent walls and mid-century modern furniture that ruled 2023’s interior design trends aren’t disappearing entirely. But in the upcoming year, we can say goodbye to standard design rules and all-minimal-everything. Embrace clashing patterns, chrome counters, ultra-luxurious materials, and maximalism. Whether that means trading in beige soft sheets for a Barbiecore pink bedding set, or adding bow-adorned wallpaper to your kitchen a lá Sandy Liang, nothing is off-limits in 2024.
Like a fun pair of heels or sparkly party dress, 2024’s home trends are all about embracing creativity and fun. With expert input from interior designers and trend predictors, explore the five most popular interior design trends of 2024 that will help you express your individuality through your space.
2024 Interior Design Trend: Kitschy Kitchens
Oleksandr Shcherban//Getty Images
Gone are the days of clean marble and white walls in the kitchen. In 2024, we can expect to see more personality, color, and spunk in this essential area.
“We’re going to say goodbye to farmhouse kitchens, and hello to Kitschy Kitchens, or what we like to call ‘Kitschens,’” says Pinterest global trends and insight lead Sydney Stanback. “A way that people can tap into this trend is through incorporating thrifted finds, vintage appliances and eye-jarring pops of paint into their kitchen designs and cooking areas.”
2024 Interior Design Trend: Plenty of Patterns
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Clean white walls are on their way out. “Having languished in the realm of neutrality for what feels like an eternity, we’ve witnessed the rise and subsequent demise of farmhouse, mid-century modern, and the all-encompassing minimalism craze. The universal aesthetic is teetering on the edge of ‘been there, done that,’” says Danielle Walish, Havely’s VP of merchandising and product design. “People are craving homes with character, personality, and a bit of oomph–a bold departure from the subdued styling that has held sway for too long.” Now, it’s time for a pattern on pattern (on pattern) renaissance.
“We’re not just talking about a small print here and there,” Walish elaborates. “It’s all about mixing it up–upholstery, textiles, wallpaper and beyond. From classic stripes to whimsical florals, modern motifs to organic botanicals. It’s all about making a statement.”
2024 Interior Design Trend: Master Metals
First chrome metallics came for statement earrings, then they came for home interiors. In 2024, metallic hues will enter living spaces in a new, big way.
“A trend that we’ve been seeing pop up recently, specifically within the fashion space–thanks to a certain very iconic artist who was on tour this summer–is cool silver tones. And cool silver tones and bold chrome will continue to grow in 2024, but will also evolve into the home category,” Pinterest’s Stanbuck says. “People trade in their trusty neutrals for something a bit more hardcore. We especially see that Gen Z and Millennials on Pinterest are driving this heavy metal aesthetic.” Aluminum accents are a shortcut to bring the shiny trend into home decor.
2024 Interior Design Trend: Saturated Spaces
asbe//Getty Images
Whether you want a pop of pink or a moody sitting room, 2024 is all about accessorizing with color. “From rich blacks and sultry navies to more lively hues of blues, greens, and even pinks, the color trends of 2024 advocate for a daring approach,” says Havenly design editor Heather Goerzen. “Excitingly, we’re observing a refreshing pushback against the ubiquitous all-white aesthetic. Whether through the application of monochromatic paints or the embrace of deep, saturated color schemes, color in all its glorious shades is reclaiming the spotlight.”
The expert notes that the trend manifests everywhere from painted alcoves and striking wallpapers to deep wood tones and evocative upholstery. “If ever there was a moment to unleash your color perspective,” Goerzen says, “it’s now.”
Quiet luxury was never just about fashion; it also crept into the home. “A year ago, everything, everywhere, was light-washed oak, calacutta marble, and matte accents,” Havenly VP of creative and design Shelby Girard reflects. “At first, this felt like such a refreshing scene–it was simultaneously calm and inspiring, collected and effortless. However, with such widespread adoption, particularly with new builds, the aesthetic began to feel a little…expected.” That’s why, in 2024, we’re seeing a return to luxurious materials of yore.
“As traditional design is once again taking center stage, we’ve seen a backlash against the usual materials and a desire to seek out elements that in and of themselves are more unique, dramatic, and notable,” Girard explains. “Think richly veined marbles in a range of striking colors, lush velvets with added dimension, crystal chandeliers for a hint of glamour, dark wood tones that speak to heritage, and un-lacquered hardware for a lovely patina.”
Why trust Harper’s Bazaar?
For more than 150 years, Harper’s Bazaar has been the preeminent fashion, beauty, and lifestyle resource for women at every age. We cover what’s new and what’s next in home by working with the world’s leading authorities in interior and architectural design, textiles, and more. Every story we publish has been thoroughly researched and vetted by our team of editors and industry experts.
Tatjana Freund is Hearst’s Fashion & Luxury Commerce Editor, covering beauty, fashion and more across multiple brands. Previously, she worked at ELLE.com and Marie Claire. She’s a fan of whiskey neat, podcasts that give her nightmares, and one time Zoë Kravitz laughed at a joke she made.
If you’re traveling to southern Florida or connecting on a flight to further destinations, there’s a chance you may find yourself hanging out in the Fort Lauderdale airport.
With over 700 flights a day in and out of the airport, plenty of passengers want a calm place to relax while waiting for their flight. That’s where the lounges at Fort Lauderdale airport come in.
Find out what your Fort Lauderdale airport lounge options are — and how to access them — below.
About Fort Lauderdale airport lounges
The Fort Lauderdale airport may not be as big as its neighbor in Miami, but it was ranked the 17th busiest airport in the U.S. based on passenger traffic in 2022. It’s convenient for those in Fort Lauderdale, Pompano Beach and Boca Raton, and both Miami and Palm Beach are within an hour’s driving distance.
Four airlines have operations bases in Fort Lauderdale: Southwest Airlines, Allegiant Air, JetBlue Airways and Spirit Airlines. Several others, including Delta Air Lines, United Airlines, American Airlines, Frontier Airlines and various international carriers, also have flights in and out of the airport.
The lounges in Fort Lauderdale airport are all found within the airport’s four terminals: 1, 2, 3 and 4. With so much passenger traffic, you might expect many lounges to choose from; however, there are only three lounges in this airport, with an additional Priority Pass dining option.
Two lounges are linked to specific airlines, Delta and United, while the other options are accessible for certain credit card holders or Priority Pass members. Whichever lounge you choose to bide your time in, you’ll likely require a same-day boarding pass to enter.
Terminal 1: United Club lounge
Terminal 1 typically serves domestic carriers, such as Allegiant, Southwest and United, though some international flights also depart from here. There’s only one lounge in this terminal, and to access it you’ll need to be flying on United or one of its Star Alliance partners.
United Club Lounge
Located next to the escalators near Gate C1.
Open from 5 a.m. to 8 p.m. daily.
Must have a same-day boarding pass to enter.
Amenities include Wi-Fi, snacks and a full-service bar.
This lounge is open to those flying in a United or Star Alliance premium class cabin, Star Alliance Gold elite status holders flying on a United or Star Alliance flight and those holding a United Club membership or a one-day pass.
United Club membership allows travelers to access more than 45 United Club locations around the world. Prices begin at $650 or 85,000 miles annually. Membership is also included as a benefit if you hold the United Club℠ Infinite Card.
Terminal 2: Delta Sky Club
Terminal 2 serves American, Delta and Southwest, along with a handful of other domestic and international airlines. If you’re looking for a lounge in Terminal 2, your only option is the Delta Sky Club.
Delta Sky Club
Located between gates D2 and D3.
Open from 4:15 a.m. to 7:30 p.m. daily.
Access is limited to those with a same-day boarding pass up to three hours before the flight’s departure.
Amenities include Wi-Fi, a hot and cold buffet and a full-service bar.
There’s a wide range of travelers who are eligible to enter the Sky Club. Passengers booked in Delta One on domestic or international flights (excluding the Caribbean) or in a SkyTeam partner’s premium cabin receive lounge access, as do Diamond, Platinum and Gold Medallion and SkyTeam Elite Plus status holders.
Certain credit card holders can also gain complimentary access to the Sky Club lounge. These cards include the Delta SkyMiles® Reserve American Express Card, the Delta SkyMiles® Reserve Business American Express Card, the Centurion card and The Platinum Card® from American Express.
Those who hold the Delta SkyMiles® Platinum American Express Card or the Delta SkyMiles® Platinum Business American Express Card can access the lounge for a $50 fee per visit.
Some premium class flyers or elite status holders with LATAM, Virgin Atlantic and WestJet also can receive access to the Sky Club lounge.
Finally, annual memberships to all Delta Sky Clubs are available for purchase by Medallion status holders. Prices start at $695.00 or 69,500 SkyMiles for an individual membership. Note that even if you hold a membership, you won’t be able to access the lounge if you’re flying in basic economy — unless you also hold an eligible American Express credit card.
Terminal 3: Escape Lounge
Terminal 3 is where you’ll find gates for American, Delta and United, as well as other U.S. airlines like Southwest, JetBlue and Spirit. This terminal has one lounge — the Escape Lounge — which isn’t connected to any specific airline, and therefore is open to any traveler who wants to pay the entrance fee.
Escape Lounge
Located between the E and F gates.
Open from 5:30 a.m. to 9 p.m. daily.
Accessible to travelers flying on any airline.
Amenities include Wi-Fi, a hot and cold buffet, full-service bar and showers.
For most travelers, it will cost $45 to enter the lounge, or $40 if you pre-book more than 24 hours prior to your arrival.
However, access is free to anyone holding The Platinum Card® from American Express, the Centurion card or the Delta SkyMiles® Reserve American Express Card.
However, those entering with the Delta SkyMiles® Reserve American Express Card must be traveling on a Delta flight to receive free entry.
Terminal 4: Priority Pass dining
Terminal 4 is home primarily to Southwest airlines, among others, and is lacking an actual lounge. However, Priority Pass members do have one option available to them in the form of a restaurant discount.
Priority Pass discount: Kafe Kalik
Open from 10 a.m. to 8 p.m. daily.
Located near gate G6.
Must have Priority Pass membership card and same-day boarding pass to receive discount.
Those with certain types of Priority Pass memberships can receive a $28 discount off their restaurant bill for dine-in service. Note that those who get Priority Pass memberships through a credit card, notably some American Express and Capital One cards, may not be eligible for this benefit.
If you’d like to join Priority Pass, memberships begin at $99 annually, which includes a $35 fee every time you visit a lounge. Plans that include limited free visits begin at $329 per year. However, many travel credit cards include Priority Pass Select as a benefit, which is another way to receive membership.
Fort Lauderdale airport lounges recapped
For such a busy place, there aren’t very many lounge options available at Fort Lauderdale airport. However, if you’re flying on Delta or United and are eligible to access their lounges, you’ll have a great place to relax and recharge before your flight.
For those who aren’t able to access the airline lounges, the Escape Lounge is a good choice if you don’t mind paying to enter — or if you have a credit card that gets you free access. If you’re planning to use the Priority Pass dining benefit, make sure you check the rules of your particular membership to ensure you’re eligible for the restaurant credit.
How to maximize your rewards
You want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2023, including those best for:
In the realm of interior design, luxury is not defined by exorbitant expenses. Affordable luxury is a cornerstone that reshapes homes with elegance and practicality – transcending into an opportunity to amp up spaces.
In an interview with HT Lifestyle, Saniya Kantawala, Principal Designer and Founder of Saniya Kantawala Design (SKD), suggested, “Paying close attention to intricate elements such as hardware, trims, and finishes significantly impacts a space’s overall aesthetics. Consider upgrading standard doorknobs to ornate alternatives or replacing plain light fixtures with visually captivating options; these simple changes can transform a room’s design.”
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She highlighted, “Strategic accessorising is pivotal in achieving a sophisticated ambience within your home. Rather than overcrowding with numerous accessories, opt for high-quality pieces that command attention. A bold lighting fixture or sizable artwork can infuse an air of luxury into your space without overwhelming it. Think of a wicker headboard in the bedroom or a wallpaper or mural in the living area. This discerning approach to accessorising ensures an elegant, upscale look while maintaining balance and visual appeal.”
Given that luxury is something that is always desired when it comes to decorating one’s house yet the very thought of luxury evokes expensive interiors, Devika Khosla, Creative Director at The Works Interiors, shared, “One need not spend too much money to attain a luxurious look. With a few steps, it is easy to make a home feel luxurious without burning a hole in your pockets. Furniture is one of the main features of any space, and arranging it mindfully can be cost-efficient. Putting statement pieces can imbue a sense of opulence in any interior space by using affordable accent furniture pieces like a lounge chair, credenza, end table or side table.”
She added, “Vastness is another aspect associated with luxury, for which mirrors can be used in hallways or entrance foyers to create an illusion of space enlargement. Textiles can also be used in one’s favour when going for a luxurious touch. They can add layers to any space by using cushions and throws in various sizes and textures. Curtains can be placed to hang from the ceiling to give a loftier impression of the space. Alternatively, Sheer curtains soften the natural light and fill the space with a cosy yet luxurious warmth. Remember not to forget the rugs when going for a pocket-friendly makeover. When used in the living room, bedroom, and lounge area, they add warmth and luxury.”
Bringing her expertise to the same, Shubhra Dahiya, Partner at team3, said, “Transforming your home into a haven of affordable luxury is an artful journey achievable within budget constraints. I firmly believe that regardless of financial constraints, a home can exude elegance and character through thoughtful design choices. The first step on this path involves accessorising. Big cushions, vibrant throws or simply replacing pillow covers to complement the colour theme of your room can add a touch of panache. Maintaining a colour theme by using an element of the chosen colour in each room will give the house a common language and character. Large paintings, art pieces on an accent wall, or a combination of smaller pieces are a great opportunity to let the room be a reflection of one’s personality.”
She recommended, “Another avenue toward achieving opulent interiors without straining the budget lies in the art of repurposing. Refurbishing old tables, sofas, cupboards or chairs is a cost-efficient and innovative method for a chic interior. This blend of vintage and modern themes can be achieved by using colourful cotton fabrics, paints or heritage-tile inlays to make interesting conversation-starter pieces in your house. Embracing biophilia by adorning indoor and outdoor spaces with a variety of plants can enrich interiors and also foster a tranquil ambiance. Having potted and hanging plants in the verandah, courtyards or indoors lend a sense of calm. Plants of various sizes and textures can be chosen to match the aesthetic of your house and colour to create a reassuring atmosphere.”
In essence, it’s the subtle and cost-effective gestures that breathe life into a house, transforming it into an abode of comfort that reflects one’s personality. Through strategic accessorising, innovative repurposing and embracing biophilic design, a home can radiate luxury and refinement without burdening the budget—a testament to the art of creating affordable yet sumptuous living spaces.
If you’re thinking about buying a home, or refinancing an existing home loan, mortgage rates are likely top of mind.
As you may or may not know, mortgage rates can change daily based on market conditions, similar to the stock market.
This means they can be higher one day and lower the next. Or they may do next to nothing at all from day to day, or even week to week.
But having an idea of which direction they’re going can be helpful, especially if you’re actively shopping your rate.
Let’s discuss a simple way to track mortgage rates using readily available economic data.
You Can Track Mortgage Rates Using the 10-Year Bond Yield
Simply look up the 10-year bond yield on your favorite finance website
Check the direction it’s going (like you would a stock ticker)
If it’s up then mortgage rates will likely be higher than yesterday
If it’s down then mortgage rates will likely be lower than yesterday
Hands down, the simplest way to track mortgage rates is the 10-year treasury bond yield.
Over time, mortgage rates and the 10-year yield have moved in near lockstep, as seen in the graph above from FRED.
In other words, when 10-year yields fall, so do mortgage rates. And when yields rise, mortgage rates climb higher.
As for why, many 30-year fixed mortgages are paid off in about a decade. This means the duration is similar to a 10-year bond.
But because mortgages have prepayment risk, there is a “spread,” or premium that is paid to investors of associated mortgage-backed securities (MBS), which are also bonds.
This spread is the difference between the going 30-year fixed mortgage rate and the 10-year yield.
For a long time, it hovered around 170 basis points. This meant if a 10-year bond was yielding 3.00%, a 30-year fixed mortgage might be priced around 4.70%. Or perhaps 4.75%.
So in order to track mortgage rates, you simply had to look up the 10-year yield and add this spread. Then you’d have a ballpark price for mortgage rates.
Mortgage Rate Spreads Have Widened, But the 10-Year Bond Yield Is Still Relevant for Tracking the Direction of Rates
Recently, mortgage rate spreads widened considerably due to economic uncertainty, heightened prepayment risk, out-of-control inflation, and other factors.
At one point, the spread was more than 300 basis points, or roughly double the norm, as seen in the chart above. This made tracking a bit more difficult, but the direction of yields and rates was still relevant.
So even though the spreads were wider, if the 10-year yield went up on a given day, mortgage rates likely increased as well. Or vice versa.
This means you can still look up the 10-year bond yield and determine which way mortgage rates will go that day.
If yields are up, mortgage rates will likely be up too. If yields are down, there’s a good chance mortgage rates will be down also.
The same goes for magnitude of change. If yields plummet, mortgage rates should also improve a lot. But if yields surge higher, watch out for much higher rates.
Now back to those wide spreads. Over the past 18 months or so, the Fed has been battling inflation with 11 rate hikes via their own federal funds rate.
But now that the Fed has indicated that their next move could be a rate cut, and that inflation may have peaked, there’s a lot more calm in the markets.
As such, spreads have come back down to around 270 basis points. While still ~100 bps higher than normal, it’s moderating.
And again, we can still guess direction regardless of the spread being wider than usual.
MBS Prices Are Even More Accurate Than 10-Year Bond Yields When Tracking Mortgage Rates
A mortgage rate purist will tell you that the 10-year bond is a great benchmark to track mortgage rates. But that looking at actual MBS prices is better.
This is true because MBS prices directly impact mortgage rate movement. So if MBS prices fall on a given day, mortgage rates will rise.
Remember, when the price of a mortgage bond falls, due to less demand, its yield, aka interest rate, increases.
As such, if you want mortgage rates to go down, you’ll be rooting for MBS prices to increase. And they’ll increase if demand is strong, thereby pushing yields down.
Now the question is how do you go about tracking MBS prices?
While you can track the 10-year bond yield on Yahoo Finance (as seen above), Google Finance, Marketwatch, CNBC, you name it, MBS price data isn’t as readily available.
However, Mortgage News Daily does a good job of posting daily MBS prices on its website.
They list both UMBS for Fannie Mae and Freddie Mac (conforming mortgages) and Ginnie Mae (GNMA) MBS for FHA loans and VA loans.
If you’re curious if mortgage rates are up or down on a given day, head over there and look at MBS prices.
Remember, if MBS prices are down, mortgage rates will be higher. And if MBS prices are up, mortgage rates will be lower.
To sum things up, tracking mortgage rates isn’t too difficult. Simply look up the 10-year yield each morning and also check out MBS prices.
From there you’ll have a pretty good idea of whether they’re going to be higher or lower than the previous day.
Now when it comes to predicting them, that’s another story altogether…
Federal Reserve left its key short-term interest rate unchanged again Wednesday, hinted that rate hikes are likely over and forecast three cuts next year amid falling inflation and a cooling economy.
That’s more rate cuts than many economists expected.
The decision leaves the Fed’s benchmark short-term rate at a 22-year high of 5.25% to 5.5% following a flurry of rate increases aimed at subduing the nation’s sharpest inflation spike in four decades. The central bank has now held its key rate steady for three straight meetings since July.
That provides another reprieve for consumers who have faced higher borrowing costs for credit cards, adjustable-rate mortgages and other loans as a result of the Fed’s moves. Yet Americans, especially seniors, are finally reaping healthy bank savings yields after years of paltry returns.
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Will the Fed raise interest rates again?
The central bank didn’t rule out another rate increase as it downgraded its economic outlook for next year while lowering its inflation forecast. In a statement after a two-day meeting, it repeated that it would assess the economy and financial developments, among other factors, to determine “the extent of any additional (rate hikes) that may be appropriate to return inflation to 2% over time.”
Fed Chair Jerome Powell said at a news conference, noting the Fed’s key rate is “at or near its peak.”
while the Dow Jones Industrial Average closed at a record high after rising 1.4% following the Fed’s signals that it’s probably done lifting rates and is forecasting three cuts next year. The 10-year Treasury was down to about 4% from 4.21% on Tuesday.
Last month, Powell said high Treasury yields, if persistent, likely would constrain the economy and require fewer Fed rate increases,
In its statement Wednesday, however, the central bank didn’t acknowledge the recent decline in Treasury yields, suggesting yields are still relatively high and could spike again, crimping the economy.
“Tighter financial and credit conditions for households and businesses are likely to weigh on economic activity, hiring and inflation,” the Fed said, repeating the language of its previous statement.
Is inflation really slowing down?
The Fed’s middle-ground approach may have been cemented Tuesday by a mixed report on the consumer price index. The good news was that overall inflation barely budged in November amid falling gasoline prices, pushing down annual price gains to 3.1% from 3.2%, still well above the Fed’s 2% goal.
The Federal Reserve System is the U.S.’s central bank.
When does the Fed meet again?
The first Federal Reserve meeting of the new year will be from Jan. 30 through 31.
Federal reserve calendar
Jan. 30-31
March 19-20
April 30- May 1
June 11-12
July 30-31
Sept. 17-18
Nov. 6-7
Dec. 17-18
The U.S. economy was strong in the third quarter as consumers continued to spend despite high interest rates and inflation.
The value of all services and products generated in the U.S., or GDP, rose at a seasonally adjusted 4.9% for the year in the months spanning July to September, according to the Commerce Department. That was more than twice the 2.1% increase in the previous quarter and the most aggressive pace of growth since the end of 2021 when the economy surged back from a recession sparked by the pandemic.
a recession over the next year, down from the 61% odds forecast in May.
Barclays predicted a loss of roughly 375,000 jobs by the middle of next year. But consumer spending remains robust despite high inflation and interest rates that are making credit card use and consumer loans more expensive. And that may help stave off a recession, says Barclays economist Jonathan Millar.
What does FOMC stand for?
The FOMC is the Federal Open Market Committee, the voting body responsible for setting interest rates. The 12-member committee includes seven members of the Board of Governors and five of the 12 Reserve Bank presidents.
What causes inflation?
Inflation can have many roots. Typically, it’s caused by “a macroeconomic excess of spending over the economy’s relative ability to produce goods and services,” said Josh Bivens, the director of research at the Economic Policy Institute, a left-leaning think tank based in Washington D.C.
That means more people are wanting items and services than there is adequate supply, leading producers to raise prices.
“If everyone in the economy, tomorrow, decided they weren’t going to save any money from their paychecks, and they’re just going to spend every last dollar out of the blue, they would all run to the stores and try to buy things,” Bivens said. “But, producers haven’t produced enough to accommodate that big surge of across-the-board spending. So, you would see prices bid up.”
Inflation can also happen when there are too few producers, or there aren’t enough employees to provide the coveted products and services, Bivens said.
Finally, economies also have some “built-in inflation” to help keep inflation in check. In the U.S., that target is 2%, meaning businesses can raise prices 2% annually year and that shouldn’t overburden consumers. That’s also the typical cost of living raise offered by employers.
Inflation meaning
Inflation is the term for a “generalized rise in prices,” according to Josh Bivens, head of research at the Economic Policy Institute, a left-leaning think tank based in Washington D.C.
Everything from food to rent can become costlier due to inflation. But it is the overall impact that determines what the inflation rate actually is.
“Inflation, though, really is meant to only refer to all goods and services, together, rising in price by some common amount,” Bivens said. The Federal Reserve’s inflation goal is 2%, which means businesses can hike prices by 2% a year and that shouldn’t cause consumers financial distress. Cost of living increases to workers’ pay are also expected to meet that target to ensure consumers can adequately deal with the rising costs of goods and services.
What is CPI?
In November, the Consumer Price Index (CPI) ‒ a measure of the average shift in prices for different products and services ‒ was 3.1%, down slightly from the month before.
Annual inflation is down dramatically from the 9.1% in June 2022 that marked a 40-year high but remains above the 2% target the Fed sees as the level that signals the rate of price increases is under control.
Why is CPI important?
The Federal Reserve watches two key aspects of the economy, price stability and maximum employment, and those are the main factors it takes into account for its interest rate decisions. The CPI is a primary measure the Fed looks at to help determine if prices are “stable.’’
What is the difference between CPI and core CPI?
Core prices don’t count the volatile costs of food and energy items, giving a more accurate window into longer-term trends.
Are wages going up in 2024?
If you’re deemed a top performer at a company that is offering raises, you’ve got a pretty good chance of getting a pay boost next year.
About 3 out of four business leaders told ResumeBuilder.com they intended to give raises. But half of those company executives said only 50% or less of their staff members would see a pay hike, and 82% of the raises would hinge on performance. For those who do manage to get the salary boost, 79% of employers said the pay hikes would be greater than those given in recent years.
Are U.S. Treasury yields rising?
Not recently.
The 10-year Treasury yield was above 5% in November when the Fed kept rates steady for the second consecutive month the first time it had left the key rate unchanged two months in a row in almost two years.
That led to mortgage rates spiking to almost 8% and pushed up other borrowing costs for consumers and businesses. Stocks meanwhile sank close to a recent low, leading Fed Chair Jerome Powell to say such financial pressures could achieve the same cooling effect on the economy as additional rate hikes.
But in the following weeks, 10-year Treasury yields dipped to 4.2% and stocks rebounded. That might make the Fed resist rate cuts in case the economy heats up and causes the broader dip in prices “to stall at an uncomfortably elevated level,” Barclays says.
Barclays and Goldman Sachs forecast that rate cuts won’t happen until the spring, and that there will be only two, to a range of 4.75% to 5%, with more cuts implemented in the next two years.
When will inflation go back to normal?
It may take a little while.
Inflation’s decline likely “won’t show much progress in coming months,” Barclays wrote in a research note.
Overall price hikes have eased significantly since peaking at 9.1% in June 2022, a four-decade high. And in October, broader inflation as well as core prices experienced a dip, leading to a lower 10-year Treasury yield.
But core prices, which exclude the volatile costs of food and energy, will probably rise 0.3% each of the next three months, Goldman Sachs says. Used cars and furniture have been getting cheaper as the supply-chain shortages of the pandemic end. Meanwhile, health care, auto repairs, car insurance and rent continue to get more expensive, as employers pay higher wages to attract workers amid a labor shortage lingering from the global health crisis.
What is core inflation right now?
Core prices, which leave out the more volatile costs of food and energy, bumped up 0.3% in November, slightly more than the 0.2% uptick seen the previous month. That kept the yearly increase at 4%, the lowest rate since September 2021.
New inflation tax brackets
Inflation may also impact the amount of taxes you have to pay.
The Internal Revenue Service said in its annual inflation adjustments report that there will be a 5.4% bump in income thresholds to reach each new level in next year’s tax season.
In 2024, the lowest rate of 10% will apply to individuals with taxable income up to $11,600 and joint filers up to $23,200. The top rate of 37% will apply to individuals earning over $609,350, and married couples filing jointly who make at least $731,200 a year.
The IRS makes these adjustments annually, using a formula based on the consumer price index to account for inflation and stave off “bracket creep,” which happens when inflation shifts taxpayers into a higher bracket though they’re not seeing any real rise in pay or purchasing power.
The 2024/25 increase is less than last year’s 7% increase, but much more than recent years when inflation was below the current 3.1% inflation rate.
Will Social Security get a raise because of inflation?
Yes, but it will be a lot less than what recipients received in 2023.
The cost-of-living adjustment, or COLA, to Social Security benefits will be 3.2% next year. That’s roughly one-third of the 8.7% increase given in 2023, which marked a forty-year high.
The 2024 COLA hike is above the average 2.6% raise recipients have received over the past two decades, but seniors remain concerned about being able to pay their expenses as well as the increasing possibility Social Security benefits will be reduced in coming years, according to a retirement survey of 2,258 people by The Senior Citizens League, a nonprofit seniors group.
How does raising rates lower inflation?
The federal funds rate is what banks pay each other to borrow overnight. If that rate increases, banks usually pass along that extra cost, meaning it becomes more expensive for businesses and consumers to borrow as rates rise on credit cards, adjustable rate mortgages and other loans. That’s why the funds rate is the key mechanism used by the Federal Reserve to calm inflation.
Simply put, companies and consumers don’t borrow as much when loans cost them more, and that means an overheated economy can cool and inflation may dip.
Will credit card interest rates continue to rise this holiday season?
The Fed’s string of rate hikes, aimed at easing the highest inflation in four decades, are a big reason credit card interest rates have reached record highs just in time for the holiday season.
Some retail credit cards now charge more than 33% interest, topping a 30% threshold that stores and banks were previously able to bypass but seldom did – until now.
“They can charge that much,” said Chi Chi Wu, a senior attorney at the nonprofit National Consumer Law Center. “Credit cards can actually charge whatever they want. It’s a little-known fact.”
The domino effect of a high benchmark rate and soaring credit card interest could put many Americans in financial straits this holiday season.
Though some consumers are paring back to deal with high prices, rising debt and shrinking savings, the average shopper expects to spend $1,652 this year on holiday purchases, according to the consultancy Deloitte, more than was typically spent in the last three years.
A lot of the buying will be done with credit cards. In an October poll of 1,036 shoppers by CardRates.com, nearly 4 in 10 respondents said they intend to have holiday credit card debt in the new year.
The nation’s collective credit card debt was $1.08 trillion, at the end of September, a record high. And the average interest rate was 21%, the highest ever documented by the Federal Reserve.
Savings account impact of high rates
The upside to the Fed’s string of rate hikes has been that consumers were able to earn good interest on their savings for the first time in years. Even when the Fed leaves interest rates unchanged, savers can do well.
Unfortunately, most account holders aren’t making the most of that potential opportunity.
Roughly one-fifth of Americans who have savings accounts don’t know how much interest they’re earning, according to a quarterly Paths to Prosperity study by Santander US, part of the global bank Santander. Among those who did know their account’s interest rate, most were earning less than 3%.
But consumers have time to make a change that could enable them to make more from their savings.
“We’re still a long way from (the Fed) beginning to cut rates,” said Greg McBride, chief financial analyst at financial services platform Bankrate. “This is great news for savers, who will continue to enjoy inflation-beating returns in the top-yielding, federally insured online savings accounts and certificates of deposit. For borrowers, interest rates staying higher for a longer period underscores the urgency to pay down and pay off costly credit card debt and home equity lines.”
The string of Fed rate hikes that began in March 2022 has made it costlier for consumers to borrow as interest rates on credit cards and other loans increased dramatically.
At the same time, inflation has made daily needs more expensive, pushing more Americans to lean on credit cards to get by. But lenders have become more reluctant to issue new cards, so in the midst of the holiday season, more shoppers are seeking higher credit limits, experts say.
In October, the application rate for higher limits rose to 17.8% from 11.2% in the same month the previous year, and from 12.0% in 2019, New York Fed data showed.
For some consumers, a higher limit on a card they already have is about their only option.
“After COVID, inflation and interest rates went out of control … people have less emergency funds for car repairs or buying presents,” said Brandon Robinson, president and founder of JBR Associates, which specializes in retirement strategies. “What they’re doing is using more credit card utilization – over 30% or well over 50% of their credit card allowance – and then can’t get approved for another card because their credit rating is down.”
Inflation is leading more Americans to work multiple jobs
The number of Americans working at least two jobs is at its highest peak since before the COVID-19 pandemic, according to federal data, an uptick that may reflect the financial pressure people are feeling amid high inflation.
Almost 8.4 million people had multiple jobs in October, the Labor Department said, a figure that represents 5.2% of the laborforce, the highest percentage since January 2020.
“Paying for necessities has become more of a challenge, and affording luxuries and discretionary items has become more difficult, if not impossible for some, particularly those at the lower ends of the income and wealth spectrums,” Mark Hamrick, senior economic analyst at Bankrate, told USA TODAY in an email.
People may also be moonlighting to sock away cash in case they’re laid off since job cuts typically peak at the start of a new year.
What is the Federal Reserve’s 2024 meeting schedule? Here is when the Fed will meet again.
What is the mortgage interest rate today?
Mortgage rates are falling, so is it time to buy?
It depends.
First of all, the Fed doesn’t directly set mortgage rates, but its actions have an impact. For instance, when the central bank was steadily boosting its key rate, the yield on the 10-year treasury bond went up as well. Because those bonds are a gauge for the interest applied to an average 30-year loan, mortgage rates increased.
But over the past six weeks, mortgage rates have been declining, averaging 7% for a 30-year fixed mortgage. That’s down from almost 7.8% at the end of October, according to data released by Freddie Mac on Dec. 7.
That may be giving some wannabe homeowners the confidence to start house hunting. For the week ending Dec. 1, mortgage applications rose 2.8% from the prior week, according to the Mortgage Bankers Association.
“However, in the big picture, mortgage rates remain pretty high,” says Danielle Hale, senior economist for Realtor.com. “The typical mortgage rate according to Freddie Mac data is roughly in line with what we saw in August and early to mid-September, which were then 20 plus year highs.”
So, many potential buyers may still need to sit on the sidelines, waiting for rates to drop further, says Sam Khater, chief economist for Freddie Mac. Hale and many other experts believe mortgage rates will dip next year.
Interest rate projection 2024
The Fed is expected to cut interest rates next year, though markets and economists disagree about how many rate cuts there will be.
Futures markets forecast there will be four or five rate cuts in 2024, amounting to a quarter of a percentage point each. The cuts, they predict, should start by spring, and ultimately drop interest rates as low as 4% to 4.25%.
But core prices, which leave out the volatile costs of food and energy and are the metric followed more closely by the Fed, ticked up 0.3% in November, higher than the 0.2% increase the month before. That might make the Fed more hesitant to nip rates in the immediate future.
Goldman Sachs and Barclays expect there to be only two rate decreases in 2024. And Fed Chair Jerome Powell has cautioned in recent public remarks that it was “premature” to talk about rate cuts.
November inflation report
Inflation dipped slightly last month, with falling gas prices mitigating the impact of rising rents.
Consumer prices overall increased 3.1% from a year earlier, slightly below the 3.2% rise in October, according to the Labor Department’s consumer price index. That slower pace moves the inflation rate nearer to the level, reached in June, that was the lowest in over two years. Month over month, prices increased a slight 0.1%.
Core prices, however, which leave out the more erratic costs of food and energy and which are more closely monitored by the Fed, increased 0.3% in November after rising 0.2% the previous month. That means core inflation’s yearly increase remained at 4%, though it’s the lowest level since September 2021.
Thursday ended up being a very calm day relative to most of the recent context. MBS lost an eighth and 10yr yields moved up a few bps, but both are still right in line with their best levels in months. There were no stand-out market movers and no notable pops in one direction or the other. With that, our fate is in the hands of the Bureau of Labor Statistics, as is so often the case. We’re not going too far out on an analytical limb in saying a big miss or beat would likely have the logical impact on rates. But what are the stakes? The report would have to be truly awful for a realistic challenge of the 4.0% level in 10yr yields and truly stellar in order to facilitate a similarly large move in the other direction. Reality is more likely to fall somewhere in between, but keep in mind that the AVERAGE beat/miss is roughly 50k and 100k respectively, so anything’s possible.
Jobless Claims
220k vs 222k
Continued Claims
1861k vs 1910k f’cast, 1925k prev
08:38 AM
Modest additional selling after Claims. 10yr yields are up 6bps at 4.174 and MBS are down 10 ticks (.31).
12:06 PM
Decent recovery in AM hours. 10yr up only 1.2bps at 4.125. MBS down an eighth.
04:32 PM
Modest weakness into the PM hours. 10yr up 2.9bps at 4.148. MBS down 3 ticks (0.09).
Download our mobile app to get alerts for MBS Commentary and streaming MBS and Treasury prices.
Working out in an apartment is tricky. While some complexes have shared fitness centers, you may not always want to leave the house to do your fitness routine. And on the other hand, trying to have some form of a gym inside your apartment is difficult and limiting when you’re renting. However, there are still plenty of home gym decor ideas that will make your workout space both beautiful and functional — even in an apartment.
Here are some ideas you can incorporate into your home gym decor.
1. Dual-function loft
Photo source: Fitness Design Group
When you’ve got only one large space to work with rather than separate rooms, you may not want to dedicate it only to either a sitting room or a gym. Here, Fitness Design Group made sure there could be both by making a distinct separation between the function of each area.
2. Spin office
Photo source: Love to Know
There’s no need to choose between having a home gym or an office — put them in the same space! You can even create a small separation between the two like Love to Know shares — placing a mat underneath your office area and a separate one for your workout area divides the room based on function.
3. Work(out) from home
Due to the recent pandemic, many people are working (and working out) from home. Working from home brings its own set of challenges, but avoiding the gym doesn’t need to become a hassle. A little side gym, connected to a home office, creates a seamless transition from work to workout at any point in the day, making your home office a functional place before, during and after work.
4. Bright and airy home gym
Photo source: On Design Interiors
No matter the location or size of your home gym, there’s no reason for it to feel dark and dingy. These bright floors and light walls, brought to life by On Design Interiors, make this small space feel large and spacious. Not to mention how simple and chic the design is — it’s not over-the-top and creates a calming environment for exercising after a long, stressful day.
5. Mirrored weight room
This simple, yet effective, basement setup shows just what you can do in a small space. This weight room isn’t very big, but a full wall of mirrors gives the illusion that it’s double the size. Even if you’re in a studio apartment, simply adding a large mirror on the wall near where you practice yoga or do a small-space workout routine will help it feel bigger.
6. Home office with modern wall designs
Gyms don’t need to look boring, especially if it’s part of the place where you live. And it doesn’t take a lot to make your home gym look modern and appealing! Simple wall tiles or decals can quickly upgrade your gym without compromising its functionality. Even in a rental like an apartment, you can use peel-and-stick tiles and wall decor that can easily be removed without damaging the walls.
7. Jungle gym
Photo source: Devon Grace Interiors
Adults aren’t the only ones that need to get their exercise in! Kids living in an apartment may feel a little limited at times without a full private yard to play in, so Devon Grace Interiors added a place for the kids to get their energy out.
The light-colored wood of the jungle gym doesn’t draw too much attention and keeps things muted, while still being a fun place for kids to play.
8. Sleek modern luxury home gym
Making your home gym feel luxurious and modern is a simple matter of color and lighting. Adding a couple of backlit mirrors and incorporating metallics are what the Infinity Design Studio recommends.
9. Traditional CrossFit
Photo source: DNLUD
This home gym by DNLUD is about as close as you can get to a typical CrossFit gym. For some, feeling like they’re at a gym rather than at home helps them get their minds into their workout. The mirrors are black gym mat flooring really gives it an out-of-home feeling.
10. Modern rustic home gym
Photo source: Gambrick
Gambrick didn’t want to detract too much from the natural landscape and kept this in mind when they designed this gym for a modern rustic cabin-stile home in the mountains of Colorado. The deep oranges give just enough color while maintaining the integrity of the outdoors—no matter where you live, your apartment doesn’t have to feel separated from its surroundings.
11. DIY basement upgrade
There are easy ways that anyone can upgrade their basement into a functioning gym. A little peel-and-stick wallpaper, mirrors and foam puzzle flooring turned a dark basement into a bright little workout space that can easily be removed if needed.
12. Spare bedroom fitness renovation
An extra bedroom is already a luxury that not everyone has and instead of turning it into a seldom-used guest room, put it to better use. Light flooring and white walls with natural wood hanging hooks to keep equipment off the floor keep this room looking chic and clean—great for when you’re in a small apartment with not much room to spare.
13. Disguised cycle home gym
You may only need one piece of equipment to get a full-body workout in. A stationary bike is perfect for requiring only a small corner—and that corner might be right in your kitchen! One Instagrammer disguised her bike in her kitchen area by placing a pretty painting and plants around it to blend it into the area.
14. Space-saving yoga grid
When you don’t have room for a full yoga studio, a wall might be all you have. Higashi Fushimi recommends that it’s time to make your storage grid look good—like it’s an intentional part of your apartment’s design, with blended metal rods that both look good and function like any other storage.
15. Vertical storage in your home gym
Choosing equipment and storage racks that work vertically rather than horizontally can keep your gym equipment from taking up too much space in your apartment. Lela of Organized-ish utilizes pegboards for small equipment storage and choose a multi-function vertical workout setup that only takes up a few feet of space in the corner.
16. Aesthetically-pleasing home gym equipment
No need for your gym equipment existing as an eyesore. In fact, it is a beautiful addition to the main area of your apartment. See how Sunny Circle Studio chose wooden multi-use wall bars to provide function and design for a high-end vibe.
17. Upgraded garage
If you’re lucky enough to have access to a garage, you can turn it into a chic and stylish workout room. Celebrity trainer Erin Oprea has even done it herself — add some peel-and-stick wallpaper and affordable vinyl flooring that mimics wood, and you’ve pretty much given yourself a whole new space!
18. Dual-function, hidden equipment home gym
A coffee table that converts into a bench press, a lamp that doubles as a dumbbell and even a foam roller vase that looks and works both like exercise equipment and living room items. Swedish storage company 24Storage invented pieces of workout equipment that aren’t stored in the traditional manner — they’re functioning pieces of your living room! See what fits best in your living room.
19. Balcony home gym
Get some fresh air by exercising on your balcony. Put your bike, treadmill or other machines outside so it doesn’t take up your indoor space. See how Merrick’s Art did with their balcony.
20. Home yoga studio
Turn any open floor space into a yoga area. Keep storage baskets, like Manduka suggests, for your mat and other equipment nearby so when it’s not in use, you can keep your items out of the way.
21. Funky and fun home gym
Don’t just hide your home gym — turn it into the main attraction! Decorilla emphasizes that having fun patterns and colors can both give you energy and help you relax — which is what your workout space should do.
22. Black on black home gym
Having an all-black gym may not feel as light and airy as one with brighter colors, but it can change your mood when you workout. It may help you get more serious, which is beneficial when you’re doing a heavyweight routine or really want to push your limits — which is why Vogue highlights it in a luxury spread.
23. Walking desk as a home gym
Make your work time (and space) the same as your workout! MyMove shows that a treadmill or stationary bike that allows you to use your computer at the same time will save you both time and space as a home workout alternative.
24. Bright home gym yoga space
Use bright colors and neutrals for a calming yoga session. Stick with natural tones and materials, as LDA Architecture & Interiors recommends, and you’ll be feeling calm and serene every time you practice.
25. Neon home gym
Give your workout space an edge with neon lighting. You can either do it all around the room and frame certain pieces, such as mirrors, with neon lights. Or you can add a motivational quote in the form of a neon sign to keep yourself going!
Functional and tasteful
Your home gym doesn’t have to look run-down or ugly. And you don’t need to get rid of it altogether, either! Using these home gym decor ideas, you can create a space that’s both beautiful and functional.
Morgen Henderson is a writer who grew up in Utah. She lived in the Dominican Republic for a year and a half, where she was involved in humanitarian service. Some of Morgen’s work has appeared in State of Digital, The Next Scoop and TechPatio. In her free time, she loves to travel, bake, master DIY projects and improve her Spanish skills.
Welcome to Throwback Thursday, a web series where we revisit the most memorable properties we’ve covered in the past — and see what happened to them. Ranging from architecturally distinct properties to luxury listings with some quite unique features, to unforgettable houses that left us daydreaming about potentially moving in one day, Throwback Thursday revives our past favorites and provides an update on whether or not they’re still on the market, how much they sold for, and, if the information is publicly available, who bought them. This article has been updated to reflect the current status of the property, but all the information about the house itself as well as the property photos date back to our initial coverage (published on October 1, 2020).
Many million-dollar homes often come with name-bragging rights.
Sometimes, it’s because a celebrity once lived in the house, or because a famous designer left its expert touches on the home’s interiors; or maybe the address itself is well-known, for one reason or another.
But there’s a whole other level of name-dropping that comes with owning a home envisioned by one of our generation’s leading architects.
And that’s exactly the case for this modern glass home in Sagaponack, NY, designed by world-renowned architect Shigeru Ban.
In fact, the property is the award-winning Japanese architect’s first and only work in Long Island. And since it spent some time on the market in recent years, we got to take an exclusive look inside.
Famous for blending traditional Japanese elements with modern Western architecture, Shigeru Ban was named to TIME magazine’s shortlist of 21st-century innovators, won the 2014 Pritzker prize (the biggest distinction in the architecture world), and left his imprint on structures like the Aspen Art Museum, Centre-Pompidou-Metz in France, and Tainan Art Museum in Taiwan.
Despite his many accolades, the Japanese architect is most known for being a champion of sustainable architecture and has been instrumental in designing disaster relief housing from Rwanda to Turkey.
His design philosophy is centered around creating uniquely free and open spaces with concrete rationality of structure and construction method, and the Hamptons house is a perfect embodiment of this.
With a design based on Ludwig Mies van der Rohe’s unbuilt Brick Country House (which dates back to 1924), the 8,000-square-foot home boasts unique architectural features, including a row of pillars that line the path to the front door — that can double as hidden storage.
The 5-bedroom, 5.5-bath home features exceptional furnishings by renowned designer Shamir Shah.
It has floor-to-ceiling windows, an oversized living room (with a wood-burning fireplace and wraparound views of the landscaped lawn), and a massive workout room that is more akin to a private high-end gym — complete with oversized mirrors and every piece of equipment you could think of, including a spin bike, elliptical, treadmill, press machines, and more.
See also: This Floating Farmhouse in the Catskills dates back to the 1820s, but you could never tell
The indoors seamlessly open to the outdoor areas, where there’s a heated in-ground pool and a pool-side terrace with multiple lounging areas — adding to the tranquil zen garden area (with a modern stone fountain) which greets visitors as they enter the property.
What happened to this Shigeru Ban-designed home?
When we covered this property back in October 2020, it had just been listed for sale asking $4,995,000.
Listed with Matt Breitenbach of Compass, the architectural property was already marked as ContractSigned on the brokerage’s website mere days after it came to market, which means it’s likely that an architect buff has quickly seized on the opportunity to own a home designed by the Pritzker-prize winner.
As is to be expected for a property of this caliber, the Shigeru Ban-designed home sold for way over its original asking price.
Public records show that the sale closed in March 2021 for $5,250,000. That’s 5% over ask.
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The next best thing to binge-watching home decor shows is swooning over the pages of home decor books by your favorite designers. Shea McGee, Kelly Wearstler, Jeremiah Brent, Bobby Berk and more are inspiring us with new books about how to live beautifully, colorfully, elegantly, and even on a budget. Gift them to the interior design lovers in your life, use them as a coffee table books, and prepare to be inspired to create a home that inspires joy, creativity, and comfort. Something we can all use these days, right? Enjoy!
The Art of Home: A Designer Guide To Creating An Elevated Yet Approachable Home
We couldn’t wait to get our hands on Shea McGee’s beautiful new decor book, where she shares the details behind her design process, inspires us with swoon-worthy design photos, and takes us through every room of the house to help us transform how we live every day. We love that you can take these ideas and make them your own with vintage or more affordable pieces from her Target collection.
Old Brand New: Colorful Homes for Maximal Living
Dabito is a master at mixing colors and making max living seem effortless and refined (but still totally fun). Here, he gives us all the tricks of his trade on layering bold colors, incorporating vintage, and sprucing up your space for a new year. Expect to find projects you can whip up in a weekend (styling a bookcase, hanging a gallery wall, designing an outdoor space) for your home or rental, and learn about his immigrant experience in his thoughtful and inspiring way.
Right at Home: How Good Design Is Good for the Mind
Queer Eye host Bobby Berk shows you how to make the most of your home to inspire self care, wellness, and inspire happiness in every room. Bobby helps anyone, from studio dwellers to first home buyers, figure out how to define what makes you happy so you can create an authentic design to you (vs. what is popular on IG). He helps with function, comfort and so much style, all in an effort to boost your mood at home.
Kelly Wearstler: Synchronicity
Kelly Wearstler fans unite — this book is chock-full of Wearstler’s unique and mold-breaking designs. She masters pairing luxe materials with fresh colors and forms and mixes styles to perfection. Her bold approach shines through so you can take cues on how to incorporate her wildly elegant ideas at home.
The Space That Keeps You: When Home Becomes a Love Story
Moving from one beautiful home to the next with partner Nate Berkus and their two children, Jeremiah Brent wanted to explore what makes a home a space that keeps you grounded. He guides us through homes around the world — from Mexico to Montecito — that hold memories, emotions, and personal stories. His gorgeous designs are the backdrop to a powerful story of what shapes a home. This book comes out next February, but you can pre-order now!
Star Style: Interiors of Martyn Lawrence Bullard
Martyn Lawrence Bullard’s A-list clients include the Kardashians, Blake Shelton and Gwen Stefani, and Ellen Pompeo. Get a peek inside the homes of Hollywood elite, from Kylie Jenner’s Hidden Hills hideaway to Cher’s Malibu mansion, and refresh your space with a little glamour.
Create: At Home With Old & New
Ali Heath’s follow-up to her wildly popular decor book, Curate, give us refreshing decor inspo that combines modern design mixed with vintage soul and we can’t get enough!
Laura Gonzalez: Interiors
Become inspired by one of Paris’s most sought-after designers. See how designer and architect Laura Gonzalez expertly mixes patterns, texture, and whimsical details to create bold, iconic spaces, from retail to restaurants to hotels and homes. Her designs hint to the classics but are infused with her sophisticated, colorful, and diverse style. Think elegant romanticism with an edge.
Call It Home: The Details That Matter
Designer Amber Lewis, known for her California-inspired style and the author behind the best-selling Made for Living, goes into the details (the edges, grains, colors, and finishes) that make a home a beautiful one. If eclectic, laid-back and coastal is your style, this book is worthy of your limited bookshelf space.
Think Like A Decorator
Interior designer Leslie Banker and friends like designers Alexa Hampton, Tom Scheerer, and Amanda Nisbet, share their best tips for turning a space into a story. She helps you address common decor problems and offers advice for creating your own unique look in this fun, entertaining decor tome.
Calm Living
If you really want to create a sanctuary at home, this book by designer and Stanford instructor Olga Trusova teaches you how to make small changes in your space to feel more inspired, clear and joyful. Get snackable tips on how to use light, color, sound, and furniture to make an impact on your home and your mind and body.
The Home Style Handbook
UK-based artist and designer Lucy Gough shares step-by-steps and moodboard inspiration in this guide to creating a home that reflects you and your personal style.
Farrow & Ball How to Redecorate
Looking for good paint inspiration? This new edition of the best-selling interiors book teaches you how to use paint and wallpaper to transform your space.
The deVOL Kitchen
If you’ve caught the deVOL team (For the Love of Kitchens) on the Magnolia Network, you know that their work is no joke. With beautiful cabinetry and intelligent design, the UK-based design couple shows you how to make the most of the most important room in your home. This guide is full of stunning photography to inspire you to design and style your kitchen in a way that makes you feel right at home.
Colour Confidence
Need a confidence boost when it comes to picking out and pairing colors? Jessica Sowerby of @thehousethatcolourbuilt helps you choose the perfect palette, embrace darker tones, find the perfect white, and more!
Sacred Spaces
Designer and photographer Carley Summers draws from her personal struggles with addiction to show how a home is a place that can heal. Learn about 14 other stories where home is truly where the heart is and how you can design your space for solace and comfort in her signature style.
The Interior Design Book For A Happy Home
Learn how to choose mood-boosting color palettes, incorporate natural textures that soothe, and create a joyful space you always want to come home to with dopamine decor expert Sofia Meri.
Your Space, Made Simple
If you’re feeling in a design rut, Bay Area interior designer Ariel Magidson will show you how to create a beautiful space that is approachable, affordable, and sustainable in this guide to a well-designed home. Understand what you need to make your home less stress-inducing, get tips for sourcing furniture that isn’t a splurge, and pick up recipes for arranging a space that feels just right.
For even more home decor inspo, sign up for our weekly email newsletter!
Since investors don’t have (functional) crystal balls, figuring out how to know when to buy a stock, in an effort to time the market and generate the biggest return, is difficult. While you shouldn’t necessarily try to time the market, if you are trading and incorporating some knowledge and tactics around when to buy a stock as a part of your larger financial plan, you’ll want to do what you can to fine-tune your strategy.
Trading stocks, of course, is fairly risky, and investors will want to keep that in mind. But with some practice and knowledge, you may be able to figure out the best time to buy stocks, and other variables, to help you try to boost your portfolio.
The Best Times to Buy Stocks
As noted, it’s generally not a good idea to try and time the market. But that’s not to say that there are larger market forces at work that result in certain trends. With that in mind, there can be good times of the day, days of the week, and even months to buy stocks that could generate bigger returns – though nothing is guaranteed.
The Best Time of Day to Buy Stocks
First and foremost, remember when the stock market is open and when trading is occurring. The New York Stock Exchange and Nasdaq, two of the largest and most active stock exchanges, are open 9:30 a.m. to 4:30 p.m. ET, Monday through Friday.
With that, the best time of the day, in terms of price action, is usually in the morning, in the hours immediately after the market opens up until around 11:30 a.m. ET, or so. That’s generally when most trading happens, leading to the biggest price fluctuations and chances for investors to take advantage.
The Best Day of the Week to Buy Stocks
If investors are aiming to trade during times of relative volatility, then they’ll want to utilize a trading strategy that aims to crowd their activity near the beginning and end of the week. Monday is probably the best day to trade stocks, since there is likely considerable volatility pent up over the weekend.
That said, Friday can also be a good day to trade, as investors make moves to prepare their portfolios for a couple of days off. The middle of the week tends to be the least volatile.
The Best Month to Buy Stocks
When thinking about the best months to buy stocks, examining historic performance can be helpful. For instance, looking at monthly returns from 2000 to 2020, the best months to buy are usually April, October, and November. Conversely, the month with the worst historic performance is September.
Again, these “best times to buy stocks” in terms of times, days, and months aren’t guarantees of anything, but are merely based on historical performance. That can be good to keep in mind.
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When Should You Buy Stocks
There’s a difference between “can” and “should” – and investors trying to discern when they should buy stocks should really consider their personal preferences, risk tolerance, and investment strategies. The right time to buy a stock is when an investor has done their research and feels confident that a stock price will rise in the short or long term, and that they’re willing to hold onto it until it does.
It helps to be informed when considering whether to buy stocks, and one way to do that is to learn about the company itself. Interested investors can find many company’s financial reports and earnings reports from government databases or private company research reports.
While ultimately it may be a good idea to buy stocks across different industries in order to diversify, it sometimes helps to start with a business or industry one is familiar with. Knowing about the company can help put the earnings reports into context.
Understanding the value of stocks is often, if not always tied to understanding the business those stocks represent a share in. Is the company a good investment? Does it have sound financials and growth potential? Here are helpful questions to consider when contemplating buying a stock:
What is the price range at which you’re willing to buy? If an investor has a company in mind, setting a price range at which they would want to buy stock in that company may help inform their decision. One can do this through analysts’ reports and consensus price targets, which average all analyst opinions.
Does the stock appear undervalued? There are different ways to determine value. The most common valuation metric is a price-earnings ratio (or P/E), which takes the price per share and divides it by earnings per share. The lower the number, the less the value. Generally for U.S. companies, a P/E below 15 is considered a good value and a P/E over 20 is considered a bad value. You can also compare the company’s P/E to others in the industry.
Another way to look at value is a discounted cash flow (DCF) analysis, which takes projected cash values and discounts them back to the present. This ultimately gives an investor a theoretical price target; if the actual price is below the target, then in theory, it’s undervalued and a good buy. 💡 Quick Tip: Did you know that opening a brokerage account typically doesn’t come with any setup costs? Often, the only requirement to open a brokerage account — aside from providing personal details — is making an initial deposit.
When Is the Worst Time to Buy Stocks?
Just as there are the purported best times to buy stocks, there are also the worst times to buy stocks, too. Given that investors may be looking for relatively volatile times in the market to buy stocks, relatively calm periods during the trading day may be the worst times to buy. Those hours would be during the middle of the day, perhaps from 11:30 a.m. ET until 3 p.m. ET.
In terms of days of the week? Tuesdays, Wednesdays, and Thursdays may be worse than Mondays or Fridays, barring any market-moving news or other volatility-inducing events. Finally, September, February, and May tend to be the weakest-performing months for the stock market, dating back nearly a century. 💡 Quick Tip: How do you decide if a certain trading platform or app is right for you? Ideally, the investment platform you choose offers the features that you need for your investment goals or strategy, e.g., an easy-to-use interface, data analysis, educational tools.
How Do You Know When to Hold Stocks?
Knowing when to hold a stock often comes down to one’s investment strategy. With a passive investment approach, investors invest in various stocks with the intention of holding them for an indefinite amount of time. This is also known as a buy and hold investment strategy.
With this type of investing, investors attempt to match a market index such as the S&P 500 and the Dow Jones Industrial Average. So, they select stocks in that market index coinciding with the same percentages in that index.
One benefit of the buy and hold strategy is that the tax rate on long-term capital gains (from stocks that an investor has owned for more than one year) are much lower than that of short-term capital gains.
For many, if not most investors, if you’re going to buy a stock, it may be a good strategy to hold onto it for a while. When an investor buys an undervalued stock, it could take a few years for it to reach its “correct” valuation. And of course, there’s always a risk it will never reach what the investor has determined is the correct valuation.
Not everyone holds onto their stocks for a long time, but there are risks to day trading that may inspire some to become buy-and-holders.
How Do You Know When to Sell a Stock?
Just like how a decision to hold a stock largely depends on an individual investor’s specific strategy, so does the choice as to whether or not to sell.
Some investors rely on a rule of thumb that states that the stock market reaches a high point in May or June and then goes down over the summer until September or October. While that can sometimes be observed in overall market behavior — partially because traders (just like lots of people) go on vacation in the summer and partially because it’s a bit of a self-fulfilling prophecy — it doesn’t mean an individual stock will definitely go down over the summer.
Taking this advice, however, — and other, similar types of advice – should be taken with a grain of salt. Again, the choice of whether to sell a stock is up to you, and the research you’ve put into making the decision.
The Takeaway
Knowing when to buy, sell, and hold stocks can be less confusing when an investor does the research into company health, overall market conditions, and their own financial needs as relates to personal short-term and long-term goals.
One of the easiest ways to buy and sell stocks or manage any investment portfolio is to open an online taxable brokerage account. This is often appealing to investors who want to take more of an active investing approach and buy and sell stocks. Investors would typically pay fees based on the account and the number of trades they make.
Ready to invest in your goals? It’s easy to get started when you open an investment account with SoFi Invest. You can invest in stocks, exchange-traded funds (ETFs), and more. SoFi doesn’t charge commissions, but other fees apply (full fee disclosure here).
For a limited time, opening and funding an Active Invest account gives you the opportunity to get up to $1,000 in the stock of your choice.
FAQ
Is it best to buy stocks when they are down?
The best time to buy a stock is when an investor has done their research and due diligence, and decided that the investment fits their overall strategy. With that in mind, buying a stock when it is down may be a good idea – and better than buying a stock when it is high. But there are always risks to take into consideration.
Should I buy stocks at night?
Investors can engage in after-hours trading, but there are unique risks to doing so, and orders won’t execute until the market opens. Interested investors may want to try after-hours trading to get a feel for it before fully incorporating it into their strategy.
What are the worst months for the stock market?
Based on past performance, the worst months for the stock market tend to be in the early fall and summer. September is usually the worst, but October, June, and August can be bad as well.
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