Mindblown: a blog about philosophy.
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Builders’ mortgage aid contributing to higher home prices, Morgan Stanley says
By Scott Carpenter, Bloomberg Home-building companies now commonly reduce borrowers’ mortgage rates on new homes by kicking in some of the financing, but one byproduct of those efforts is that they’ve kept home prices elevated, according to a report by Morgan Stanley. Homes tied to Ginnie Mae mortgages could be around 12% cheaper if builders…
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June New Home Sales Hold Steady
Mortgage rates and affordability continue to challenge the housing market, keeping buyers hesitant and new-home sales sluggish despite builder incentives. WASHINGTON — Challenging affordability conditions, elevated interest rates and economic uncertainty continue to act as headwinds on the housing sector as many potential buyers continue to stay on the sidelines. Sales of newly built single-family…
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New-home sales stay sluggish as builder headwinds persist
The good news is that new-home sales in June ticked up slightly compared to May. The bad news is they’re still running at a significantly lower pace than a year ago. According to the monthly report released Thursday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development (HUD), new-home sales…
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5 silly earnings season stock price moves!
About 135 S&P 500 ( ^GSPC) companies, or 29% of the index’s market cap, have reported earnings at the time of this writing. Sales and earnings have increased by a solid 6.5% and 7.2%, respectively.
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The Smartest Growth Stock to Invest $5,000 in Right Now
For the third quarter, Netflix is guiding for year-over-year revenue and EPS growth of 17% and 27%, respectively. Management also increased its full-year revenue outlook to a range of $44.8 billion to …
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The Smartest Growth Stock to Invest $5,000 in Right Now
For the third quarter, Netflix is guiding for year-over-year revenue and EPS growth of 17% and 27%, respectively. Management also increased its full-year revenue outlook to a range of $44.8 billion to …
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New-home sales stay sluggish as builder headwinds persist
The good news is that new-home sales in June ticked up slightly compared to May. The bad news is they’re still running at a significantly lower pace than a year ago. According to the monthly report released Thursday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development (HUD), new-home sales…
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Think the Stock Market Is Too Expensive? This Historical Chart Might Change Your Mind.
Now, it’s worth noting Stock Advisor’s total average return is 1,041% — a market-crushing outperformance compared to 183 % for the S&P 500. Don’t miss out on the latest top 10 list, available when you …
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New-home sales stay sluggish as builder headwinds persist
The good news is that new-home sales in June ticked up slightly compared to May. The bad news is they’re still running at a significantly lower pace than a year ago. According to the monthly report released Thursday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development (HUD), new-home sales…
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I Want to Retire Next Year. Should I Keep My Money In the Stock and Bond Markets?
With life expectancies getting longer, 120 minus your age has become a common rule as well. It might be best to think of it as a range of 100 to 120 minus your age. So, that 65-year-old could have …
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