Guru focuses on infrastructure growth stocks and ETFs Continue reading...
Climate research group First Street Foundation will offer access to a risk model that forecasts the probability of flooding for homes across the nation. Houzz Principal Economist Nino Sitchinava breaks down what this means for home owners, along with 2020 design trends, and more. Yahoo Finance's Zack Guzman & Heidi Chung, along with the Director of Research at QVIDTVM, Inc. Max Raskin join in on the conversation.
Mortgages are the largest component of household debt. Yahoo Finance's Zack Guzman, Sibile Marcellus & Brian Cheung, along with and NY Post Hedge Fund reporter Carleton English discuss.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Military Commercial Joint Stock Bank and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
The latest yield curve inversions, however, are showing up in mortgage rates—particularly adjustable-rate mortgages (ARMs). The latest yield curve inversion flashing from the bond markets is now revealing something that doesn’t traditionally happen in the mortgage market: ARMs are showing higher initial rates versus fixed-term mortgages.
The Fed has been on a mortgage bond buying spree since May with a goal of $30 billion in purchases in mind, according to a MarketWatch report. ETF investors can put mortgage bond funds on their radars as the central bank takes on this hefty endeavor and ramps up their purchases through the end of the year. The purchase of mortgage bonds was something the Fed implemented over 10 years ago during the financial crisis in 2008—of course, mortgage-backed securities at the time were deemed as toxic assets that helped cause the crisis.
The average 30-year fixed mortgage rate declined to its lowest rate since October this week, but is now the best time to buy? The Corcoran Group Founder & Shark Tank star Barbara Corcoran, joins Yahoo Finance's Zack Guzman and Kristin Myers discuss.
Moody's Investors Service has today taken rating actions on 18 banks in Vietnam. For 10 of the 18, Moody's has confirmed the banks' long-term local and foreign currency deposit and issuer ratings, and changed the outlooks for these ratings to negative from ratings under review for downgrade. Of the 10, Moody's has confirmed the Baseline Credit Assessments (BCAs) and Adjusted BCAs of four banks, as well as the long-term Counterparty Risk Assessments (CR Assessments) and Counterparty Risk Ratings (CRRs) of six.
Inside the ETFs that drew maximum assets last week after the S&P 500 and the Dow Jones hit record highs.
U.S. homeowners filled the most applications to refinance their current mortgages in over three years as 30-year borrowing costs slipped to their lowest levels since November 2016, according to the Mortgage Bankers Association. Yahoo Finance's Zack Guzman & Sibile Marcellus, along with retail expert Erin Sykes discuss.
The Fed has been on a mortgage bond buying spree since May with a goal of $30 billion in purchases in mind, according to a MarketWatch report. ETF investors can put mortgage bond funds on their radars as the central bank takes on this hefty endeavor and ramps up their purchases through the end of the year.
In 2008, mortgage backed bond values were battered by defaulting subprime borrowers. Today, refinancing by homeowners is sending their prices down.
While homeowners often borrow equity in their homes for expenditures such as home improvements, car payments, or medical bills, recently it seems this trend has reversed. Despite broadening equity percentages in many homeowner markets, homeowners are nonetheless hoarding cash, keeping equity in the home.
As more reported cases of the coronavirus flood the news, investors are seeking the safe haven of bonds, which sparked a drop in yields—thus, causing mortgage rates to fall. If more investors keep piling into bonds, investors should keep an eye on fixed income ETFs as well as funds backed by mortgages.
Bond ETFs are experiencing big inflows as the Federal Reserve shifts away from the rate hikes of last year and hints at interest rate cuts ahead. Mutual funds and ETFs that track bonds just saw $12.1 billion of inflows for the week ended July 17, which marked the 28th consecutive week of inflows, the Wall Street Journal reports. To put this in perspective, bond funds accumulated $1.7 billion in inflows over the past decade, according to a Bank of America Merrill Lynch analysis of EPFR Global data.
New home sales increased 1.3% to a seasonally adjusted annual rate of 719,000 units in November. Lawrence Yun, National Association of REALTORS Chief Economist, discusses on The Ticker with Yahoo Finance's Seana Smith.
Inside the ETF asset flow of 2019.
Moody's Investors Service has placed some of the ratings of 17 Vietnamese banks on review for downgrade. Of the 17, Moody's has also placed on review for downgrade the Baseline Credit Assessments (BCAs) and Adjusted BCAs of four banks, and the long-term Counterparty Risk Assessments (CR Assessments) of nine. The rating actions on the 17 banks follow Moody's placement of Vietnam's Ba3 sovereign rating under review for downgrade on 9 October 2019.