Lumber prices remained near recent lows as construction on new homes fell while mortgage rates jumped. Housing starts dropped 14.4% in May from the prior month to a 1.55 million annualized rate, the lowest in more than a year. The average 30-year fixed-rate mortgage climbed to 5.65% for the week ended June 10, the highest… Continue reading Lumber prices hover near recent lows as new home construction sinks and mortgage rates jump to highest since 2008
Homebuilders Downgraded at Wells Fargo on Weak Housing Reports
Soaring mortgage rates are slamming the housing market. For example, pending home sales dropped 3.9% in April from March, the sixth straight monthly decline, according to the National Association of Realtors. “Pending contracts are telling, as they better reflect the timelier impact from higher mortgage rates than do closings,” Lawrence Yun, NAR’s chief economist, said… Continue reading Homebuilders Downgraded at Wells Fargo on Weak Housing Reports
“How Do I Keep Good Tax Records?” CPA Answers
One of the most critical – and sometimes hardest parts – of personal money management is keeping your financial records organized. By taking the time to clear out and organize your financial records, you’ll be able to find what you need, exactly when you need it. Retirement Daily’s Robert Powell sat down with Jeffrey Levine,… Continue reading “How Do I Keep Good Tax Records?” CPA Answers
Apple’s 13-inch MacBook Pro With an M2 Chip is on Sale
Apple unveiled its next-generation chip — M2 — at its annual World Wide Developers Conference keynote on June 7th. And now, just nine days later, you can order the first Mac to feature Apple’s latest chip. The 2022 13-inch MacBook Pro doesn’t strike with a brand new look, but rather the classic sleek, rounded MacBook… Continue reading Apple’s 13-inch MacBook Pro With an M2 Chip is on Sale
Is It Possible to Lower My Effective Tax Rate? What Are My Options?
For information on the third coronavirus relief package, please visit our “American Rescue Plan: What Does it Mean for You and a Third Stimulus Check” blog post. As you examine your taxes and seek ways to pay less, you might wonder if lowering your effective tax rate can help you reach that goal. The good… Continue reading Is It Possible to Lower My Effective Tax Rate? What Are My Options?
Amazon’s Secret Father’s Day Sale Offers 30% Off Sony Speakers
Help your Dad take his music on the go with these portable speakers that bring out the bass and crisp highs, currently over 30% off at Amazon. The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website. Whether your Dad… Continue reading Amazon’s Secret Father’s Day Sale Offers 30% Off Sony Speakers
Five daily affirmations to get investors through this latest bear market
Peter Hodson: A positive attitude leads to a positive outcome The market is not going to zero. It just feels like it. Photo by Timothy A. Clary/AFP via Getty Images Take a deep breath … relax … exhale … repeat. Yes, there is a bear market. It’s now official, with the S&P 500 Index down… Continue reading Five daily affirmations to get investors through this latest bear market
Is the Stock Market Closed for Juneteenth 2022? | Kiplinger
Washington’s 12th and newest federal holiday – Juneteenth, or June 19 – will indeed close the stock and bond markets this year, providing investors with a long holiday. That’s despite the fact that in 2022, Juneteenth falls on a Sunday. Juneteenth, also known as Juneteenth National Independence Day, occurs on the anniversary of Union Army Gen.… Continue reading Is the Stock Market Closed for Juneteenth 2022? | Kiplinger
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