7% mortgage rate may become new 'status-quo': Economist

Mark Fleming News

7% mortgage rate may become new 'status-quo': Economist
Inflationary EnvironmentMortgage RatesHousing Prices
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Housing prices continue to rise under the higher-for-longer inflationary environment, according to a Redfin (RDFN) report. First American Chief Economist...

) report. First American Chief Economist Mark Fleming joins Wealth! to discuss the implications of these trends for the housing market .He notes that the impact is now also being felt on the supply side, as homeowners have become less willing to sell their properties due to the increased costs associated with housing transactions.

An FAQ on the Truth Social owner’s website gave stockholders multiple ways to avoid their shares being lent to short sellers.Small-time investors in Trump’s Truth Social reckon with stock collapse Baby boomers may have had the best financial start of all the generations -- coming of age when salaries kept up with the cost of living and goods and services were affordable -- but that doesn't mean...In this article, we will take a detailed look at Jim Cramer’s New Picks: 10 Stocks to Buy. For a quick overview of such stocks, read our article Jim Cramer’s New Picks: 5 Stocks to Buy.

OTTAWA — Canada's wealthiest individuals and corporations will soon pay taxes on a larger share of the capital gains they earn, a change that economists say will make the tax system more efficient, despite pushback from business groups. The federal budget presented Tuesday proposes taxing two-thirds rather than one-half of capital gains — which refers to profit made on the sale of assets.

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