Tag Archives: prortfoliomanagement

The pandemic boom in home sales is over’: Mortgage rates soar to highest level since 2009 as the Fed pressures the housing market

The 30-year fixed-rate mortgage averaged 5.27% for the week ending May 5, according to data released by Freddie Mac FMCC, -0.46% on Thursday. That’s up 17 basis points from the previous week — one basis point is equal to one hundredth of a percentage point, or 1% of 1%

https://www.marketwatch.com/story/the-pandemic-boom-in-home-sales-is-over-mortgage-rates-soar-to-highest-level-since-2009-as-the-fed-pressures-the-housing-market-11651760108?link=sfmw_fb&fbclid=IwAR14JE4G-PIvrSuqUXZFYxstOPGt3e9-bcVJhCZMwq58qx8b-fawz1TCp_o

Record-high inflation could mean a bigger Social Security cost-of-living adjustment in 2023

Social Security beneficiaries started 2022 with a 5.9% cost-of-living adjustment to their monthly checks, the highest increase in about 40 years.

But as inflation climbs with each month, the buying power of those benefit increases has diminished.

The Consumer Price Index for all Urban Consumers, or CPI-U, rose 8.5% from a year ago, according to March data released by the U.S. Bureau of Labor Statistics on Tuesday.

https://www.cnbc.com/2022/04/12/inflation-could-mean-a-big-social-security-cost-of-living-adjustment-in-2023.html

Here are the bank and fintech stocks and trends to watch for in 2022

Wells Fargo signage on May 5th, 2021 in New York City.
Wells Fargo signage on May 5th, 2021 in New York City.
Bill Tompkins | Michael Ochs Archives | Getty Images

https://www.cnbc.com/2021/12/30/here-are-the-bank-and-fintech-stocks-and-trends-to-watch-for-in-2022.html?&qsearchterm=fintech

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In a Tumultuous Year for Auto Insurance, Customers Seek Better Value

Latest customer survey findings on auto insurance trends during the last year show largely similar after-effects in most world regions. In the US, a …

In a Tumultuous Year for Auto Insurance, Customers Seek Better Value

Interview with Mirza Ashraf Beg by Mena CDO Connect- BII World

https://www.menacdoconnect.com/speaker-news/interview-with-mirza-ashraf-beg/