MARKETWATCH FRONT PAGE BTIG Researchers say investors face a trifecta of inflection points that could feed off one another in the coming months and is sure to deliver turbulence for investors. See full story. There are six types of retirees — which are you? Everyone transitions to retirement differently. See …
Read More »Mortgages remain hot as market battles volatility
2020 is expected to go down as one of the best years for the mortgage industry since 2003. This week the Mortgage Bankers Association released its forecast for the remainder of 2020 and into 2021. The group predicts mortgage originations will increase to $ 3.18 trillion in 2020. That’s the …
Read More »Market volatility spurred by Congress, housing demand stays strong
The continued back and forth in Washington has pushed the stock market into continued volatility this week. President Trump’s comments on Wednesday that legislators were “starting to have some very productive talks” about a new federal economic support plan spurred Wall Street to its best finish since July. The Dow …
Read More »Housing booming as Wall Street amps up volatility
In a word, housing is booming. Data released this week shows sales of newly-built homes at a 14-year high. The Census Bureau’s August report shows an eye-popping 43% year-over-year increase in the sale of newly-built homes. Recently, the National Association of Realtors reported that sales of existing homes also increased …
Read More »Housing staying strong amid market volatility
Tech stocks took a hit this week, dragging Wall Street down with them. The Dow Jones Industrial average saw a sharp sell off Thursday, dropping around 400 points. Apple, Amazon and Microsoft all took losses with Microsoft faltering by 4%. Travel also took a huge hit, with companies like Southwest …
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