What will housing credit look like in next recession?
We need to understand the credit channels in the U.S. today and why theyâre so different than the period of 2002-2008.
Recession
Janet Yellen says bank deregulation may have gone too far
(Bloomberg) –Treasury Secretary Janet Yellen warned that deregulatory efforts that watered down some post-2008 financial reforms might have gone too far and contributed to the recent banking crisis. “These events remind us of the urgent need to complete unfinished business: to finalize post-crisis reforms, consider whether deregulation may have gone too far and repair the … [Read more…]
6 Ways to Recession-Proof Your Life and Money
Odds are there’s a recession on the way. Don’t panic. Do this instead.
Enablement Could Leave you Permanently Footing the Bill for Your Entire Family
The recession, inflation and COVID-19 have made a bad situation worse. Financial dependency now has aging parents living with their adult children and their adult children footing the bill for their parentâs ill-planned retirement. All while also trying to raise ⦠Continue reading â
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Bank failures may be the catalyst for an economic recessionÂ
Fannie Mae projects the recent bank failures may act as the catalyst that tips an already precarious economy into recession.
7 Best-Performing Utility Stocks of March 2023
Utilities stocks may act as a stabilizing â and income-generating â force within your portfolio.
Tech hub housing markets cool as industry turmoil dampens demand
While bidding wars were common during the pandemic, housing markets in tech centers are cooling more rapidly than other markets in the U.S.
5 Things to Invest in When a Recession Hits
When the market is soaring, itâs easy to forget that what goes up can also come down. But economic slowdowns tend to be cyclical, which means that another recession is in the future. Whether itâs fast-approaching or still a ways off, itâs ⦠Continue reading â
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Housing Market Tracker: Mortgage rates and inventory fall together
If the mortgage market wasnât so stressed, mortgage rates should be at 5.99% today. In a regular market, they would be closer to 5.25%.
Fed announces another rate hike
Fed chair Jerome Powell had been uncompromising in his language on the need for more rate jumps before that banking chaos emerged, telling the Senate Banking Committee on March 7 that the central bank “would be prepared to increase the pace of rate hikes” if the economy continued to move at its current clip. The … [Read more…]