HousingWire Lead Analyst Logan Mohtashami joins Yahoo Finance to provide insights on the current state of the housing market.
Mohtashami emphasizes that housing affordability"depends on the labor market." He explains that if jobless claims increase, mortgage rates will likely fall, but if not,"then we'll stay at these levels." However, he highlights the improving spreads between the 10-year report has triggered a broad market sell-off, with stock futures feeling the most pressure. Edward Jones CEO Penny Pennington joins Yahoo Finance Live to discuss market outlooks and investment strategies.
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These are tough times for two big US dollar store chains. In the past month, Family Dollar said it will close nearly 1,000 stores and 99 Cents Only said it will go out of business.BCE stock has dipped 40% in almost two years. Your BCE investment in 2023 might be in the red, but there is a silver lining. The post If You’d Invested $10,000 in BCE Stock in 2023, This Is How Much You Would Have Today appeared first on The Motley Fool Canada.
The central bank noted that while CPI and core inflation have eased, it is looking for evidence that momentum is sustained.As the spring housing market in Canada kicks off in March, the Bank of Canada's interest rate announcement on Wednesday could provide valuable insights for prospective homebuyers who are waiting for the right moment to make a purchase. Experts predict that the central bank will exercise caution in order to avoid adding fuel to an already hot housing market.