The current economic climate is characterized by uncertainty and inconclusive data. The Federal Reserve is trying to control inflation, but it remains at an intolerably high level, and the stock and bond markets are fluctuating. Although the labor market is tight, growth is slowing, and the housing market is weakening. Over the last week, the…
Private mortgages are an increasingly popular way for homeowners to access funding for a variety of needs. Private mortgages are loans made by private individuals or organizations, rather than traditional financial institutions like banks. While private mortgages can be a useful option for those who cannot qualify for traditional financing, they come with their own…
Mortgage rates, as of March 2023, in America have soared back above 7%, which has significant implications for prospective home buyers. At this rate, buying a median home in the US would require a down payment of $93,540 and a monthly mortgage payment of $2,514 on a $467,700 property. The current scenario of mortgage rates…
Overview of the current state of the global economy The current global economic landscape presents a complex mix of opportunities and risks for real estate investment. With interest rates increasing above 5% and economic uncertainty in global markets, investors must be strategic in their approach to real estate investments. The war raging in Europe due…
Tether Holdings Ltd. operates the largest stablecoin in the cryptocurrency market with a value of $68 billion. However, its founders and owners have scant experience in managing finance at this scale. This article provides insight into the people behind Tether and the challenges it faces as a financial institution. I have always been opposed to…
The U.S. rental market is showing signs of cooling off, with a decline in the growth rate of apartment rents and an increase in rental discounts in select metro areas. This trend could help make housing more affordable for renters and ease the rise in overall inflation. However, the rental market is not operating in…
Stock Market Trends, as we are ending February 2023, shows that investors are facing an uncertain market environment, with rising interest rates and economic uncertainty likely to lead to a recession in the first half of the year. This article will explore the current state of the stock market, including the recent inflation spike and…
The US housing market is facing numerous challenges in 2023, including rising interest rates, economic uncertainties, and declining home prices. Despite these challenges, there are some positive indicators such as the increase in new home sales and the slowing down of rent growth in some areas. It is essential to keep in mind that the…
The retail investment sector in the United States has been experiencing a tremendous surge in popularity in recent times. According to data from VandaTrack, a research firm, retail investors have been pouring an average of $1.51 billion each day into U.S. stocks, setting a new record. This staggering amount of investment is indicative of a…
Generative AI, also known as generative modeling, is a branch of artificial intelligence (AI) that involves creating new data from existing data. I have been an avid follower to the developments in the technology throughout my life. In 2023, the the popularity of Generative AI such as OpenAI, MidJourney, and others have caught the world…