US new home sales dove by 11.3% month-over-month in May, a noticeable difference between expectations for just a 0.2% drop. The US Census Bureau also reported that median new home prices fell to $417,400 in the month. Catalysts Hosts Seana Smith and Madison Mills sift through the fresh housing data and its relation to elevated mortgage rates and homebuilder sentiments. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. – Get the latest news and data at finance.yahoo.com – Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android […]
59% of employees not saving for retirement believe they are saving for retirement, according to Principal Financial Group. IRAHelp.com Founder & CPA Ed Slott joins Wealth! to discuss retirement plans and some of the changes that you should take advantage of. “Everybody thinks inflation is bad, and I get that because things cost more. But when it comes to taxes, inflation is great because tax brackets expand too. So more money can come out at lower rates. And the other opportunity now is the low rates… We have historic low tax rates now. So the key to anybody saving for retirement is if you have an IRA, a 401(k), remember […]
Recent Case-Shiller data reveals that home prices in the 20 largest US cities have surged by an average of 7.2% year over year. In light of this increase, Structured Finance Association CEO Michael Bright joins Wealth! to offer insights into how borrowers can potentially reduce their loan burdens. Bright emphasizes the importance of working with a broker agent and thoroughly exploring options. He advises homebuyers to “shop around” and build relationships with brokers. These connections can potentially help borrowers “get a loan at a lower rate than you otherwise would.” “I really don’t want houses to continue to be unaffordable for so many Americans, and we are at historic unaffordability […]
Ritholtz Chief Market Strategist Callie Cox joined the Stocks In Translation Podcast to discuss the increasingly bullish sentiment for the S&P 500 and how bias might shape investors’ points of view when investing in the stock market. This segment aired on June 18, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #podcast #podcastclips #bestpodcastmoments #2024 #2024shorts #stockmarketforbeginners #stockmarketinvesting
