Housing activity weakens in latest Fed Beige Book report
Housing activity weakened across much of the country, emerging as one of the clearest drags on overall economic performance, according to the Federal Reserve’s most recent Beige Book report. Most Federal Reserve districts reporting on residential real estate cited softer home sales, slower construct
Lower mortgage rates support steady new home sales
After a long delay caused by the government shutdown, we finally have a new home sales report for October! The report shows that lower mortgage rates, which are now moving toward 6%, are helping to keep new home sales steady, similar to what we see in the existing home sales market. New home sales a
Cost of retirement comfort soars, leaving most far short
Retirement is widely portrayed as the reward for decades of work, but many Americans who have already stopped working say that promise is slipping out of reach. Rising costs and inadequate savings are reshaping expectations — and fueling fears — about life after work, according to findings from a re
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