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
Estimated reading time: 3 minutes Gold prices just broke another record, passing $2,600 per ounce for the first time last week, a key milestone as the precious metal’s strong performance in 2024 continues. So what’s going on? Gold Rush The price of gold started the year around $2,000 per ounce. Its price has increased by nearly a…Read more
