- Typical Homebuyer’s Mortgage Payment Up 15% Since Mid-August
Sellers should adjust their price to stay competitive as mortgage rates approach 7%
Sellers should adjust their price to stay competitive as mortgage rates approach 7% According to a new report from Redfin, the technology-powered real estate brokerage, the typical homebuyer’s monthly mortgage payment has climbed $337 (15%) over the past six weeks to a new high of $2,547. View full report findings here. SEATTLE–(BUSINESS WIRE)–(NASDAQ: RDFN) — …
read more - Gigged Out
An emerging workforce in pursuit of stability
The pandemic finally put to rest a myth about the Gig Economy that’s been peddled for more than a decade. Following quick on the heels of the 2008 financial crisis, a “new” labor paradigm took shape. Occasioned by record-breaking unemployment and unleashed by advances in smartphone technology, the Gig Economy gave workers new and streamlined…
read more - Medicare Changes For 2023: What You Need To Know
Medicareresources.org offers insights ahead of open enrollment, which begins Oct. 15
Changes in out-of-pocket costs, new benefits and continued growth of Medicare Advantage plans are a few of the important trends to watch this fall, according to information released today by medicareresources.org.
read more - Going Beyond Payments
Why banks need to embrace super wallets
Traditional banks cannot avoid adapting to the new requirements and desires of their customers if they want to stay relevant. The focus, therefore, should be on creating a compelling mobile wallet solution that cuts across all situations in life.
read more - Investor Decisions: In A Multi-Source World, Do-it-Yourselfers Still Look To Financial Professionals
Millennials turn to employer programs; family first for Gen Z
Most Americans say they are do-it-yourself investors, but 60% of DIYers also use financial professionals, according to a new research report by Hearts & Wallets, the independent research and benchmarking firm that specializes in saving, investing and financial advice.
read more - More BIPOC Americans Open To Getting Financial Planning Help In 2022
Fewer BIPOC respondents said they feel prepared to financially support the various things they’d like to do or the passions they’d like to pursue over the course of their life compared to white respondents
Despite the significant financial challenges brought on by the pandemic over the past two years, Americans who identify as BIPOC (Black, Indigenous, and People of Color, including Hispanic and Asian/Asian Americans) report receiving less professional assistance than they did a year ago, according to the 2022 Retirement Risk Readiness Study* from Allianz Life Insurance Company…
read more - How To Manage Credit Card Debt During Inflation
Tips to help you avoid overutilizing your cards and take advantage of their benefits without the dangers of credit card debt
Inflation has hit a 40-year high in 2022, jumping as high as 9.1% year over year in June, compared to the long-term average of about 3.2%. And according to data from credit reporting agency Equifax and the New York Federal Reserve Bank, it appears that some Americans are relying on credit card debt to keep…
read more - Investors Are Continuing To Adopt Factors To Navigate The Inflationary Environment; Increased Demand For Fixed Income Factors
Over 50% of respondents believe the current market environment makes factor investing in fixed income more attractive
Invesco Ltd., a leading global asset management firm, today released the findings of its seventh annual Invesco Global Factor Investing Study. The Study is based on interviews with 151 institutional and retail factor practitioners managing over $25.4 trillion in assets combined.
read more - Private Equity Continues To Make Inroads In The Insurance Industry
M&A and large block reinsurance transactions have fueled much of the growth in admitted assets owned by private equity firms in 2021
An active year for mergers and acquisitions in 2021 and large block reinsurance transactions led to a 41% increase in admitted assets owned by private equity firms in 2021, according to a new AM Best special report.
read more - CFP Board Center For Financial Planning Hosts 2022 Academic Research Colloquium For Financial Planning
The Colloquium, an initiative of the Center for Financial Planning, is an international meeting of researchers, practitioners, graduate students and leaders of the financial planning practice
The CFP Board Center for Financial Planning ("Center") today announced that the sixth annual Academic Research Colloquium ("Colloquium") for financial planning and related disciplines will be held in person at the Conrad Washington, DC, on October 24-25, 2022. Many of the Colloquium's sessions will be eligible for Continuing Education (CE) credit.
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