Month: March 2022

Getty Images For most Americans, the surging cost of living is weighing heavily on their wallets. “Wage growth has failed to match the dizzying pace of rising prices, which the Federal Reserve has effectively identified as ‘monetary policy enemy No. 1,'” said Mark Hamrick, senior economic analyst at Bankrate.com. After the Fed raised interest rates for the
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The U.S. House of Representatives plans to vote on a bill to federally legalize marijuana on Thursday. And President Biden is ready to sign it. This is an absolute game-changer for the American economy and imports of cannabis crops are set to explode as a result. There is only one company in the world that
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For nearly two years now, hesitant buyers have been asking agents the same question: “Are we in a bubble?” We don’t think so. On today’s State of the Market podcast, real estate experts Kelly Skeval and Karen Hollands share their market predictions for 2022. After that, they discuss several investment strategies that have been proven
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Mortgage rates took another jump higher last week, taking their toll on current borrowers who might have wanted to refinance. Demand from homebuyers, however, appears to be hanging in for now. Total mortgage application volume decreased 6.8% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. This, as
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