At Inman Connect Las Vegas, July 30-Aug. 1 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us. Home prices are showing surprising strength in the face of the Fed’s “higher for longer” interest rate strategy, but home price appreciation is [...]read more“Higher for Longer” Rates May Yet Cool Home Price Gains
Mortgage demand dipped last week as mortgage rates reached their highest levels since late 2023. Applications decreased by 2.7% on a seasonally adjusted basis during the week ending April 19, according to the Mortgage Bankers Association’s (MBA) weekly mortgage applications survey. “Mortgage rates continued to move higher last week, reaching their highest levels since late [...]read moreMortgage demand slumps as interest rates move higher: MBA
Are technical glitches in Meta’s ad delivery algorithm leading to higher costs? That’s the claim coming from an article from Bloomberg. The Complaints The article says that Meta “has been hammered by major performance issues, according to numerous marketers. The cost of running ad campaignsThe campaign is the foundation of your Facebook ad. This is [...]read moreAre Glitches Leading to Higher Costs?
BEIJING — Sales of Chinese smartphone maker Xiaomi’s first electric car have been 3-5 times higher than expected, CEO Lei Jun said on Thursday, as the company began delivering standard versions of the so-called SU7 to buyers ahead of schedule. Lei, Xiaomi’s founder, made the comments during a two-hour livestream on Douyin, the Chinese equivalent [...]read moreXiaomi says sales of its EV are 3-5 times higher than expected
10-year yield and mortgage rates There is nothing good to report on mortgage rates from last week. The chart below shows that we broke the critical technical level on the 10-year yield (marked with a red line). The CPI data, which the Federal Reserve doesn’t track for its 2% target, came in 0.1% hotter than [...]read moreWill a wider war in the Middle East push mortgage rates higher or lower?
Jamie Dimon thinks interest rates could rise to 8 percent or more. He also said in a new letter that a recession and stagflation could be in the offing. Join the movement at Inman Connect Las Vegas, July 30 – Aug. 1! Seize the moment to take charge of the next era in real estate. [...]read moreJPMorgan Chase CEO Warns Of Higher Rates, More Inflation
Proton sold a total of 39,150 units in the first quarter of 2024, including domestic and export shipments. Based on Malaysia’s estimated total industry volume (TIV) of 202,492 units for the first three months of the year, Proton’s market share is estimated at 19.3%, which is a 5.1% growth and good for second place overall [...]read moreProton S70 meets 2k units monthly sales target in Q1 2024, production ramped up to meet higher demand
By Reuters Published Apr 1, 2024 The Chinese market is likely to be difficult until the end of the year with consumers hesitating over higher prices, the chief executive of Swiss watchmaker Swatch Group was quoted as saying in a newspaper interview. Reuters Swatch CEO Nick Hayek told the Neue Zuercher Zeitung that China still [...]read moreSwatch buyers in China hesitate over higher prices, CEO says
WASHINGTON — The catastrophic bridge collapse that closed the Port of Baltimore to ship traffic is unlikely to trigger a major new U.S. supply chain crisis or spike goods prices, due to ample and growing spare capacity at competing East Coast ports, economists and logistics experts say. With six people still missing after a [...]read moreWill Baltimore bridge blockage trigger a new supply chain crisis or higher prices?
Bask Bank may not be the first bank that comes to mind when you think of online banks, but it shouldn’t be ignored. It offers some of the best rewards and APYs compared to many other online banks and has a solid history to back it up. In This Article About Bask Bank Bask Bank [...]read moreBask Bank Review 2024 | Online Banking with Higher APYs