Lucid (LCID) stock continues to fall after completing a $1.5 billion equity offering in an effort to strengthen its balance…
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Change Is Good: What’s Shaking at StockCharts?
As a development-driven company, StockCharts is always looking for ways to improve its user experience. We needed a way for…
Continue ReadingIs Now A Good Time To Buy A Home?
There is a growing feeling among Americans that the housing market is getting worse. A survey released by Fannie Mae…
Continue ReadingThe Fed Has Pricked The Housing Bubble
In his podcast addressing the markets today, Louis Navellier offered the following commentary. No Liquidity There is no liquidity in…
Continue ReadingFreddie Mac: Mortgage Serious Delinquency Rate unchanged in November
Freddie Mac reported that the Single-Family serious delinquency rate in November was 0.66%, unchanged from 0.66% October. Freddie’s rate is…
Continue ReadingRealtor.com Reports Weekly Active Inventory Up 58% YoY; New Listings Down 17% YoY
Realtor.com has monthly and weekly data on the existing home market. Here is their weekly report released today from Economist…
Continue ReadingUS Markets Bounce Back Buoyed By Strong Earnings From Nike And FedEx
S&P 500 closes up 1.5% Asian markets follow suit with Hang Seng up over 2% US consumer confidence hits 9…
Continue ReadingSanta Rally Revs Up, Top Shares For 2022 And Economic Prospects For 2023
A Santa rally has shown up, but it may be a short lived sleigh ride of optimism as a UK…
Continue ReadingVehicle Sales Forecast: “Sales to Weaken Again in December”
From WardsAuto: U.S. Light-Vehicle Sales to Weaken Again in December; Inventory Set to Rise (pay content). Brief excerpt: If Winter…
Continue ReadingMortgage Rates Trend Down But Affordable Homeownership Remains Elusive
On the Mortgage Front Freddie Mac (OTCMKTS:FMCC) announced the 30-year fixed-rate mortgage averaged 6.27% as of Dec. 22, down from…
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