Personal income and consumption: Impact on retirement planning

By: Core price inflation has stalled for the past three months at 2.6 percent. How will this impact retirees and those saving for retirement?Robert ‘Bob’ Powell, and Mitlin Financial founder and wealth advisor Lawrence Sprung break down the most recent Personal Consumption Expenditures Price Index (PCE) report, including a note from First Trust Chief Economist…

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Fed’s Favored Price Gauge Seen Substantiating Rate Cut

By: (Bloomberg) — The Federal Reserve’s preferred price metric and a snapshot of consumer demand are seen corroborating both the central bank’s aggressive interest-rate cut and Chair Jerome Powell’s view that the economy remains strong.Economists see the personal consumption expenditures price index rising just 0.1% in August for the second time in three months. The…

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Ethereum Token Pioneering Real Estate Tokenization to Skyrocket 3600% By Q1 2025, Priced Under $0.10 Today

Rexas Finance, as the market advances in the use of blockchain technology, realizes its importance as an upcoming leader in the tokenization of real-world assets (RWA). Most of the Ethereum-based tokens focus on such wild innovative ideas as tokenization of the real estate market, positioning themselves for more than a 3600% increase by the first…

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Attracting Tenants With Technology

Renters are looking for luxury living with convenience and safety. Some new tech devices and home features fit the bill. CHICAGO – Many real estate agents have a portfolio of investment clients that they help. Whether it’s managing an investment portfolio for a client and ensuring their properties are rented out and taken care of…

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Today’s 30-year mortgage interest rates remain unchanged at 5.990%, while rates for 15-year terms rise to 5.125%

By: The median interest rate on a 30-year fixed-rate mortgage is 5.990% as of September 19, which is unchanged from yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 5.125%, which is 0.135 percentage points higher than yesterday.The Federal Reserve lowered the federal funds rate for the first time in over four…

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