In the US bond market on the 23rd, the yield on the 10-year Treasury note briefly exceeded 5%, reaching its highest level in 16 years. This is a level that was hardly expected during the long period of ultra-low interest rates that followed the financial crisis. Yields have since fallen sharply, likely as investors exit … Read more
The Deloitte survey reveals a decrease in purchasing intentions for gifts (-18%), gift cards (-14%) and charitable donations (-40%). (Photo: 123RF) Inflation and economic uncertainty will dampen holiday spending, estimates Deloitte, which forecasts an 11% drop in purchases during this crucial period for businesses. The fifth edition of the annual Deloitte Holiday Shopping Survey, conducted … Read more
Traders in the world’s financial markets are bracing themselves for volatile market fluctuations. Continuing conflict in the Middle East has increased demand for haven assets and forced investors to rethink the outlook for global interest rates. In the foreign exchange market, attention will likely be focused on movements in the US dollar, Japanese yen, and … Read more
On the 10th, US stock prices continued to rise for the third consecutive day. US bond yields fell. The comments from US financial officials have led to speculation that the Federal Open Market Committee (FOMC) is heading for another pause in interest rate hikes. New York crude oil futures fell. The day before, it had … Read more
In the US financial market on the 9th, stock prices continued to rise. Comments from multiple US financial officials have strengthened expectations that further interest rate hikes will be postponed this year. Crude oil futures prices soared as fears of an escalation of fighting grew following a surprise attack on Israel by the Islamic group … Read more
What is passive income? Passive income is income streams that are generated with little or no initial effort after you have established the income stream. They differ from active income, which requires continuous dedication of time and effort. Creating passive income requires an initial investment in time, capital or effort, but you can then receive … Read more
The Federal Open Market Committee (FOMC) is likely to be inclined to raise interest rates again by the end of the year, as the number of non-farm employees in the US employment report was significantly higher than expected. The number of employees in September increased by 336,000 from the previous month, and the figures for … Read more
These are the risks you have when “buying” a house through this non-existent figure: • You would pay the loan in the name of another person, but you would not have any document that proves that you are the owner of the house. • To claim the right to the home, you would have to … Read more
In 2021, if your household income was $170,000, you could qualify for a purchase of $815,000, at the best rate, with the minimum down payment ($56,500). This fall, with the same income, you qualify for a property worth $680,000, under the same conditions (minimum down payment of $43,000). (Photo: 123RF) GUEST EXPERT. Are you renewing … Read more
When you take out your Infonavit Credit, you choose the beneficiaries of your financing, but the legal document that determines who gets the house is the will, the institute said in a statement. Infonavit recalled that all the loans it grants include death insurance, with which the debt is settled in the event of death, … Read more