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Renters need to make 36% more than in pre-COVID years to afford today's average rent, Zillow says
Business Insider via Yahoo News· 2 days agoHomebuyers have faced similar challenges as renters, navigating a market that is burdened by low...
Q1 2024 Ellington Financial Inc Earnings Call
Thomson Reuters StreetEvents via Yahoo Finance· 6 days agoWe've originated more proprietary reverse mortgage loans on the heels of that March securitization. And we've also begun adding investments in closed-end ...
Want to sell your home? Get ready for disappointment.
Business Insider via Yahoo News· 7 days agoSellers need to kind of buckle the seatbelt and know that it's not necessarily going to be a quick...
If Inflation Improves, Are Interest Rate Cuts Back on the Table?
CNET· 3 days agoFollowing three months of hotter-than-expected inflation reports, no one imagined the Federal...
Thousands of Social Security Recipients Will Soon Qualify for Bigger Payments
The State· 4 days agoThe Supplemental Security Income program sends checks to about 7.4 million Americans every month. A change in government policy will help more Americans qualify for Social Security benefits ...
Why Higher Fed Rates Are Not Totally Off the Table
New York Times· 5 days agoFed officials still think their next move will be to cut rates, but they are not entirely ruling out the possibility that they might have to raise them....
UK economy exits recession in pre-vote boost for PM Sunak
AFP via Yahoo Finance· 5 days agoBritain has emerged from a short-lived recession with better-than-expected growth in the first...
ECB will cut rates in June and probably the BoE, too
The Forex Market· 4 days agoInitial jobless claims rose 22,000 to 231,000 in the latest week, more than 215,000 forecast. Yesterday we wrote “ho hum” because a weekly number and...
Consumers Regard the Cost of Money as Part of the Cost of Living | naked capitalism
Naked Capitalism· 7 days agoThis column examines why consumer sentiment in the US remained depressed in 2023 despite low unemployment and falling inflation, and finds that increasing borrowing costs can explain much of this gap
UK economy exits recession ahead of election
South China Morning Post· 5 days agoThe economy had suffered two successive quarters of slight contraction in the second half of last year, meeting the technical definition of a recession...