In a shocking turn of events, the Alexander brothers—Tal, Oren, and Alon—have been accused in a federal indictment of committing heinous crimes over a span of more than a decade. Federal prosecutors in New York allege that the trio engaged in drugging and raping numerous victims, with revelations suggesting that their predatory behavior may extend
Real Estate
On a recent Wednesday, the Federal Reserve made headlines by announcing a reduction in its benchmark interest rate by 25 basis points, marking the third consecutive cut since September. This significant monetary policy decision has resulted in a cumulative decrease of one full percentage point in the federal funds rate, providing a glimmer of hope
In November, a notable uptick in the sales of previously owned homes was recorded, highlighting a 4.8% increase compared to the previous month, October. The National Association of Realtors (NAR) reported an annualized rate of 4.15 million units, marking a significant 6.1% rise from the same month last year. This surge positions November as the
In 2024, the Federal Reserve implemented a series of interest rate cuts, reducing its target three times in an effort to stimulate the economy. This monetary policy shift has left many prospective homeowners eagerly awaiting subsequent decreases in mortgage rates. However, expert predictions suggest that a significant decline in mortgage interest rates is unlikely in
The economic landscape following the Federal Reserve’s recent decision to cut interest rates has garnered considerable attention and analysis from market experts and homeowners alike. On December 19, 2024, the Fed enacted its third rate cut of the year, lowering the benchmark rate by 0.25 basis points. Despite this move, which historically aims to stimulate
The stock market is rife with volatility, a sentiment echoed by many investors who find themselves knee-deep in uncertain waters. However, amidst the chaos, Jim Cramer’s Charitable Trust has made some calculated moves, particularly with investments in CrowdStrike and Home Depot. This article delves into these strategic acquisitions, exploring their potential impact and the underlying
As we gaze into the horizon of the real estate market for 2025, prospective homebuyers and sellers alike face a complex set of variables that dictate housing conditions. The dynamics surrounding home buying have always been intricate, and the current climate suggests that this complexity will reach new heights as various economic, demographic, and market
In a notable shift, mortgage rates experienced a substantial surge last week, resulting in a downward trend in overall mortgage demand. The Mortgage Bankers Association (MBA) reported a 0.7% decrease in total application volume from the previous week, marking the first decline in what had seemingly been a steady five-week increase. This upward trajectory in