by Michael E Dehn | Sep 30, 2023 | Banking and Finance, consumer spending and sentiment
Here's a housing market stat that might surprise you: It is now ALMOST cheaper to buy a new house than and existing house. The median new house is selling for $416,000 while the median existing house is selling for $396,000. How is this possible? Because existing...
by Michael E Dehn | Sep 30, 2023 | Banking and Finance, Breaking News, General politics
BREAKING: The US government is now just 24 hours away from a shutdown. Speaker of the House McCarthy just said that a bill passed by the Senate is "dead on arrival." Today marks exactly 4 months since the debt ceiling crisis. Since the "end" of the...
by Michael E Dehn | Sep 30, 2023 | Banking and Finance, Breaking News
This is incredible: Interest rates were literally at 5,000 year lows over the last decade, according to Bank of America. Now, we are right around the historical average. However, rates have been rising near the fastest pace in history. Many people have not...
by Michael E Dehn | Sep 29, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment
You can’t make this up: 1. Median Mortgage Payment: $2,900 2. Median Rent Price: $1,900 It now costs ~$1,000/month more to buy a house than to rent. Meanwhile, the average new car payment is now at $750/month. The average interest rate on a used car loan just hit a...
by Michael E Dehn | Sep 29, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment, General interest, General politics
https://nypost.com/2023/09/28/the-supreme-court-is-about-to-rule-on-americas-most-powerful-unaccountable-federal-agency/
by Michael E Dehn | Sep 29, 2023 | Banking and Finance, Breaking News
https://newslink.reuters.com/public/32870162
