Raleigh was right behind with the number of affordable home listings increasing from 28% to 40%. San Antonio was third on the list, with affordable listings going from 21% in Oct. 2023 to 33% in Oct. 2024. Currently, mortgage rates are nearly 7% despite a recent cut in short-term interest rates by the Federal Reserve.
Economic News
—Just a few weeks ago, the path ahead for the Federal Reserve looked straightforward: With inflation cooling and the job market slowing, the Fed appeared on track to steadily cut interest rates. Several surprisingly strong economic reports, combined with President-elect Donald Trump's policy proposals, have led to a decidedly more cautious tone from the Fed…
Two Federal Reserve governors on Wednesday laid out competing visions of where U.S. monetary policy may be heading, with one citing ongoing concerns about inflation and another expressing confidence that price pressures will continue to ease. The separate speeches by Michelle Bowman and Lisa Cook show the set of concerns central bank officials will be…
Families will have something extra to be grateful for at Thanksgiving as the price of a turkey dinner falls for the second straight year. The American Farm Bureau Federation reported Wednesday that the average Thanksgiving feast for 10 people will cost Americans $58.08, or about $5.80 per person. “The turkey is traditionally the main attraction on the…
Nov. 19— While the Federal Reserve has cut its short-term interest rate target by three-quarters of a percentage point since mid-September, 30- year fixed-rate home mortgage rates rose by almost as much during that period and have lately averaged around 6.8%, higher than they were when the Fed began cutting, according to Freddie Mac, the home-loan finance giant.
Representatives from the Federal Home Loan Bank of Dallas and Centinel Bank of Taos awarded $30,000 in Partnership Grant Program funding to the Taos Housing Partnership to promote economic development in Taos, New Mexico. Left to right: Jeff Martin with FHLB Dallas, Lisa O’ Brien with Taos Housing Partnership, Leticia M. Pacheco and Chris Romero with Centinel…
ck0001517767-20240930 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM N-CSR CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES Investment Company Act File Number 811-22554 Carlyle Credit Income Fund One Vanderbilt Avenue, Suite 3400 New York, New York 10017 Joshua Lefkowitz, Esq. Chief Legal…
2024 NOV 20– By a News Reporter-Staff News Editor at NewsRx Policy and Law Daily– New research on Investment is the subject of a report. Our news journalists obtained a quote from the research from Federal Reserve Bank,“ Using this measure, we exploit the random assignment of cases to judges to examine whether judges exposed to fraud in one firm are less likely to…
–President- elect Donald named businessman Howard Lutnick as his pick for Secretary of Commerce Tuesday, a coveted role and the latest in Trump's flurry of cabinet nominations. Trump has argued that tariffs can be used to bring in major revenue for the U.S., pressure nations around the world to comply with U.S. economic demands, and improve the job market in the U.S..
—Inflation in the U.K. rose sharply to a six-month high in October and back above the rate targeted by rate-setters at the Bank of England, official figures showed Wednesday, cementing market expectations that there will be no further cuts in borrowing costs this year. Andrew Bailey cautioned that rates wouldn't be falling too fast over the coming months, partly…
China, the world's second largest economy, is struggling to deal with the bursting of its property and credit market bubbles. As if that was not sufficient reason for concern, the incoming Trump administration looks set to trigger an international trade war with a proposed 60 percent import tariff on China and one of 10– 20 percent on the rest of our trade partners.
According to news reporting from the Federal Reserve Bank of San Francisco by NewsRx journalists, research stated,“ This paper studies the relationship of global supply chain pressure with consumer sentiment, inflation expectation, and monetary policy uncertainty in the United States.”. Our news correspondents obtained a quote from the research from…
KBRA releases its 2025 ABS Sector Outlook, which discusses our expectations for new issue supply in 2025 and provides our views on credit fundamentals among each of the major sectors where KBRA is most active. With November’ s Federal Open Market Committee meeting marking the second rate cut of 2024— coupled with our expectation for further economic expansion…
This devaluation is the inevitable outcome of the Federal Reserve printing U.S. dollars. In order to balance the excess dollars the Fed printed, the Treasury Department issued treasury bonds. So not only did the Federal Reserve devalue every dollar in circulation, but the Treasury Department burdened generations with crushing debt.
From January, 2002 until January 2022 the Federal Reserve kept interest rates near 0%. Except for a few years of before the pandemic, when it rose to 2.4%, there had been a distortion of the normal interest rates from the historical average of 5.5%, which is where it is now. No president of the United States will be able to bring down food prices, the price of gasoline or…
Nov. 19— While the Federal Reserve has cut its short-term interest rate target by three-quarters of a percentage point since mid-September, 30- year fixed-rate home mortgage rates rose by almost as much during that period and have lately averaged around 6.8%, higher than they were when the Fed began cutting, according to Freddie Mac, the home-loan finance giant.
Representatives from the Federal Home Loan Bank of Dallas joined Veritex Community Bank to award $12,500 in Partnership Grant Program funding to Credit Coalition and $21,000 to the Houston Land Bank Fund to help promote economic development in Houston, Texas. From left to right: Courtney Taylor and Peyton Jones with Veritex Community Bank, Christa Stoneham…
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549. ATHENA TECHNOLOGY ACQUISITION CORP. II. We cordially invite you to attend the 2024 Annual Meeting of Stockholders of Athena Technology Acquisition Corp. II, to be held on Tuesday, December 10, 2024, at 12:30 p.m..
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549. David C. Leduc 200 Park Avenue, 7 th Floor. Date of reporting period: September 30, 2024.