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Economic News this Week: Lots of news with little movement
Lots of news with little movement. On Monday the Existing Homes for May fell 1.8% year over year, mostly due to tight inventory. The markets were quiet on that news, and because all eyes were on the Fed meeting on Tuesday and Wednesday, almost every investor had hit...
Economic News This Week: Not much movement in the rates
It was a quiet week this week, so not much movement in the rates. The big number was Thursday’s June housing starts - a much bigger number than expected at 8.2%. Also, building permits were up 7.3%, which should have made rates go up more, but they did only slightly....
Success Story of the Week: Five siblings, one duplex that they inherited from their mother
Five siblings, one duplex that they inherited from their mother, and none can agree on what to do. Buy and hold forever? Cash out now and buy your own home? Cash out partially and pay off debt? Rent it out? Sell? The family’s trustee, who is also one of the siblings,...