Inflation data still pointing toward rate cuts in 2024

Inflation came in hotter than expected on Thursday, but we are still talking about rate cuts in 2024! The 10-year yield had a mild reaction to today’s data, increasing a few basis points early. It’s now at 3.98%, a far cry from 5.04% as we saw last year. This, while jobless claims data is still hist
Read MoreMeet Kevin Sears, NAR’s latest president

When Kevin Sears stepped into the role of National Association of Realtors president on Monday following Tracy Kasper’s resignation, he became the trade organization’s third president in a little over four months. The saga of NAR’s revolving door of presidents began in late August 2023 when the New
Read MoreOver 60% of seniors haven’t used professional help for retirement planning: AARP

Just over 60% of U.S. seniors at or over the age of 50 have not sought out professional retirement planning advice, despite data indicating a general lack of retirement preparedness among the older population according to a survey published this month by AARP and conducted by the National Opinion Re
Read MoreGinnie Mae fires back over RMF lending suit, seeks case dismissal

After a long period of silence and extensions granted by the U.S. District Court for the Northern District of Texas, Ginnie Mae has filed its response to a lawsuit brought against it by Texas Capital Bank (TCB) saying the warehouse lender lacks standing and discounts the authority the government has
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