Headlines

Why mortgage rates are doomed to stay above 7% for the foreseeable future

By: Interest rate forecasts have been volatile through 2024, as early bets for a policy pivot have consistently been let down.With the Federal Reserve looking unlikely to ease rates before September, housing market analysts are recalibrating mortgage rate outlooks, as home loan rates are heavily influenced by the Fed funds rate. Following the excitement of waning…

Read More

Inflation Is Already Soaking The Rich 1%, New Research Shows

By More From ForbesMay 26, 2024,09:51am EDTBefore You Say ‘I Do’ Again: Money Conversations For Blended Families”,”scope”:{“topStory”:{“index”:2,”title”:”Before You Say ‘I Do’ Again: Money Conversations For Blended Families”,”image”:”https://specials-images.forbesimg.com/imageserve/6650f94539ecf7300f4fc70d/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”May 26, 2024″,”hourMinute”:”09:30″,”amPm”:”am”,”isEDT”:true,”unformattedDate”:1716730200000},”uri”:”https://www.forbes.com/sites/lawrencelight/2024/05/26/before-you-say-i-do-again-money-conversations-for-blended-families/”}},”id”:”eoj4ag9ljk9k00″},{“textContent”:”May 26, 2024,08:29am EDTWeird Circumstance Makes These 8% Dividends An Urgent Buy”,”scope”:{“topStory”:{“index”:4,”title”:”Weird Circumstance Makes These 8% Dividends An Urgent Buy”,”image”:”https://specials-images.forbesimg.com/imageserve/664e071839be70e5d41b38cb/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”May 25, 2024″,”hourMinute”:”10:37″,”amPm”:”am”,”isEDT”:true,”unformattedDate”:1716647820000},”uri”:”https://www.forbes.com/sites/michaelfoster/2024/05/25/weird-circumstance-makes-these-8-dividends-an-urgent-buy/”}},”id”:”51rr6lcmp7o000″},{“textContent”:”May 25, 2024,08:00am EDTHow Do You…

Read More

Fed’s Favorite Underlying Inflation Gauge Is Seen Cooling

By (Bloomberg) — The Federal Reserve’s first-line inflation gauge is about to show some modest relief from stubborn price pressures, corroborating central bankers’ prudence about the timing of interest-rate cuts.Most Read from BloombergEconomists expect the personal consumption expenditures price index minus food and energy — due on Friday — to rise 0.2% in April. That…

Read More