As the year draws to a close, the housing market typically slows down, a seasonal trend exacerbated by recent spikes in mortgage interest rates. Toward the end of December 2024, the Mortgage Bankers Association (MBA) reported a substantial decrease in mortgage application volume, which dropped by a staggering 21.9% compared to the preceding week. This
Finance
The aviation world was shaken after the tragic crash involving a Jeju Air Boeing 737-800 over the weekend, which claimed 179 lives out of 181 passengers and crew. The disaster has prompted urgent action from South Korean authorities, leading to a market response characterized by a more than 2% drop in Boeing shares on Monday.
The financial sector has seen various innovations in payment methods, with “Buy Now, Pay Later” (BNPL) services emerging as a popular alternative to traditional lending. Affirm, a prominent player in this arena, recently disclosed its fiscal first-quarter results, highlighting a robust performance that exceeded analysts’ expectations. This article delves deep into Affirm’s financial standing, growth
Home Depot has faced a uniquely challenging landscape in 2024, characterized by high interest rates and consumer caution. However, as the year drew to a close, numerous indications suggested that the company could experience a meaningful recovery in 2025. This optimistic outlook points towards an anticipated uplift in housing turnover and a resurgence in the
The holiday season is often synonymous with joy, warmth, and the excitement of gift-giving. However, for many, this jubilant time can quickly turn into a financial nightmare. As families unwrap presents, they may later dread opening their credit card statements, revealing expenditures that far exceeded their budgets. As we approach the 2024 season, it’s crucial
The housing market is experiencing a pivotal moment as 2024 draws to a close, showcasing an intriguing interplay of increasing supply yet contrastingly prolonged stagnation in home sales. This situation presents both opportunities and challenges for prospective buyers and sellers, culminating in a complex landscape that shapes their decisions moving forward. As of November 2024,
As we approach the new year, the focus for many households is on bettering their financial situation. A recent survey by Allianz Life revealed that 38% of Americans are prioritizing financial stability as their primary objective for 2025. In line with this sentiment, certified financial planners have offered valuable resolutions that can serve as a
The recent electoral success of former President Donald Trump has raised significant apprehensions within the solar energy sector. Following the announcement of Trump’s anticipated return to the White House, solar stocks have experienced a stark decline, primarily driven by fears of the future of the Inflation Reduction Act (IRA). This legislation has been a cornerstone