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This year's housing market was the least affordable since 2013

Thu, 12/21/2023 - 10:04

Tech Insider

Home for sale — 2023 was the least affordable housing market on record, Redfin said.
AP

Real Estate, Markets, Markets, housing-market, real-estate, home-prices, mortgage-rates

Russia's latest headache is a housing bubble

Thu, 12/21/2023 - 07:36

Tech Insider : Economy, Economy

putin — Russian President Vladimir Putin.
Alexei Nikolskyi/RIA Novosti/Kremlin

economy, Markets, economy, housing-market, housing-bubble, property-bubble, Russia

Think your bank's interest rates are bad? Just take a look at Japan

Thu, 12/21/2023 - 02:07

Tech Insider : Economy, Economy

Customers at the Japanese banking corporation ATM machines of MUFG and Mizuho banks seen in Tokyo. — Customers at the Japanese banking corporation ATM machines of MUFG and Mizuho banks seen in Tokyo.
Budrul Chukrut/SOPA Images/LightRocket/Getty Images

economy, Markets, News, Japan, economy, Bank, interest-rates

Homebuyers react more to changes in mortgage rates than actual rates, Compass CEO says

Wed, 12/20/2023 - 10:13

Tech Insider

A row of houses on a street. — Start afresh in a brand new place.
Getty/Grace Cary

Real Estate, Markets, mi-exclusive, housing-market, mortgage-rates, interest-rates, home-prices

The Fed is bad at communicating and it's confusing people, says El-Erian

Wed, 12/20/2023 - 01:45

Tech Insider : Economy, Economy

Economist Mohamed El-Erian and Federal Reserve Chair Jerome Powell.

Felix Hörhager/picture alliance/Getty Images and Chip Somodevilla/Getty Images

Markets, economy, News, mi-exclusive, Markets, federal-reserve, interest-rates

Slashing interest rates won't reignite inflation - and delaying could spark a recession, Nobel economist Paul Krugman says

Tue, 12/19/2023 - 08:15

Tech Insider : Economy, Economy

paul krugman conference — Paul Krugman.
Arun Sharma/Hindustan Times via Getty Images

economy, economy, paul-krugman, nobel-prize-in-economics, new-york-times, us-economy-and-markets, Inflation

A top Fed official warns markets have gotten ahead of themselves in their enthusiasm for rate cuts in 2024

Mon, 12/18/2023 - 13:02

Tech Insider : Economy

loretta mester — Cleveland Fed President Loretta Mester
Rob Kim

economy, Markets, Markets, mester, federal-reserve, interest-rates, rate-cuts

'The great disinflation' will set the stage for 5 Fed rate cuts in 2024, Goldman Sachs says

Mon, 12/18/2023 - 08:33

Tech Insider : Economy, Economy

FILE PHOTO: Federal Reserve Chair Jerome Powell speaks during a press conference in Washington, U.S., December 13, 2023. REUTERS/Kevin Lamarque/File Photo — Federal Reserve chair Jerome Powell spoke at a press conference in Washington, DC on December 13.
Kevin Lamarque/Reuters

economy, Markets, economy, Markets, Stocks, stock-market-analysis, stock-market-outlook

Elite investor Grant Cardone predicts a historic real-estate slump will slash office and apartment values to bargain levels

Mon, 12/18/2023 - 07:32

Tech Insider : Economy, Economy

grantcardone — Grant Cardone.
Grant Cardone

economy, economy, Markets, Stocks, real-estate, grant-cardone, undercover-billionaire

Billionaire investor David Rubenstein says he doesn't think there'll be a recession in the next few quarters even amid the Fed's rate cut signal

Sun, 12/17/2023 - 22:11

Tech Insider : Economy, Economy

David Rubenstein, co-founder and co-chairman at Carlyle Group. — David Rubenstein, co-founder and co-chairman at Carlyle Group.
Julia Ewan/Washington Post/Getty Images

Markets, economy, News, mi-exclusive, Markets, economy, david-rubenstein

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