The Risks Are A-Changing A key thing about our economy has changed recently, and it has to do with the Federal Reserve. The central bank has a dual mandate to keep prices stable and ensure maximum employment, and over the past years, the focus has really been on prices and inflation. Now that inflation has…Read more
Estimated reading time: 3 minutes Hoist the House China made big moves this week in an effort to stimulate its struggling economy. Some of the measures policy makers included allowing consumers to refinance at lower mortgage rates, a new Rmb500 billion ($71 billion) asset swap facility to support the domestic stock market, a Rmb300 billion ($43 billion)…Read more
Estimated reading time: 3 minutes Rate Relief Last week, the Federal Reserve cut its federal funds rate for the first time in more than four years. For anyone in the market to buy a home, this was an important development as the Fed’s key interest rate is a driver for mortgage rates. So will this mean America’s…Read more
