The 10-Year Treasury Yield Plunge: Unpacking June's CPI Surprise
In a financial rollercoaster that has left analysts reeling, the 10-year Treasury yield took an unexpected nosedive following a...
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Mar 33 min
Credit Card Defaults Soar Amid Rising Inflation and Interest Rates
Credit card defaults are rising at the fastest pace since the Great Recession, as borrowers struggle to keep up with rising inflation and...
Oct 12, 20232 min
CPI Data for October 2023 Released: Inflation Moderating Slightly
The Consumer Price Index (CPI) for all urban consumers (CPI-U) increased 0.4% in October 2023 and 7.7% over the year, the Bureau of Labor...
Oct 9, 20234 min
No Sign of Relief in Housing Even as the Federal Reserve Holds Rates Steady
The Federal Reserve has held rates steady in recent months, but there is still no sign of relief in the housing market. Home prices...
Oct 3, 20232 min
Credit Card Losses Set to Soar, Goldman Sachs Warns
Goldman Sachs is warning that credit card losses are set to soar through the end of 2024 or early 2025, as consumers struggle to keep up...
Oct 2, 20232 min
JPMorgan CEO Jamie Dimon Warns World May Not Be Prepared for Fed at 7%
https://www.klickmortgage.com/apply-nowJPMorgan Chase & Co. CEO Jamie Dimon warned on Monday that the world may not be prepared for the...
Sep 29, 20232 min
Housing Economist Warns of 8% Mortgage Rates After Home Sales Disappoint
Lawrence Yun, chief economist of the National Association of Realtors (NAR), warned on Thursday that mortgage rates could reach 8% in the...
Sep 21, 20233 min
The Federal Reserve's September 2023 Actions and Possible Consequences
The Federal Reserve (Fed) held its monetary policy meeting on September 19-20, 2023. At the meeting, the Fed decided to keep interest...
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