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2023-06-06 02:44:07 ET Summary Despite high mortgage rates and lower sales, home prices in the US are increasing again due to low inventory levels. The "months of sales" ratio indicates that demand is again exceeding supply, putting upward pressure on home prices. High mortgag...
2023-06-05 09:20:00 ET Summary The stock market surged last Friday after the employment report showed a gain of over 300k jobs while the year-over-year change in average hourly earnings fell to 4.3%. The rally in REITs and small-cap value may be more important because sentiment is...
2023-06-04 09:00:00 ET Summary U.S. equity markets rebounded this week as a critical slate of employment data provided evidence of a 'soft' economic landing, showing stronger-than-expected job growth combined with a cooldown in wage pressures. Closing the week at its highs for the...
2023-06-02 21:30:00 ET Summary Cooler heads prevail over debt ceiling but are there broader implications? Recession vs resilience: Finding opportunities in a cautious market. Why fixed income still may provide opportunities for investors. The bill to rais...
2023-06-01 09:00:26 ET Summary Rates Up, REITs Down? Whether fundamentally justified or not, commercial and residential real estate markets continue to bear the brunt of the Federal Reserve's historically swift monetary tightening cycle. Commercial real estate, in particular, has ...
2023-06-01 02:00:00 ET Summary Spring selling season was a dud. But what comes next may be worse, that’s what mortgage applications and investors tell us. The average interest rate on 30-year fixed-rate mortgages with conforming balances jumped to 6.91%, the highest since N...
2023-05-31 14:35:00 ET Summary With higher rates, fewer people can afford to buy homes. The result is a slowing in home sales that sees no signs of recovery. The slowdown in existing single-family home sales is strongest in regions that saw the most growth. By Alli...
2023-05-30 19:15:00 ET Summary March data shows a bounce in home prices in cities like San Diego, San Francisco, LA, Denver, and Phoenix, while Las Vegas, Miami, and Seattle saw declines. Miami has the highest year-over-year gain at 10.86% and is up 59.87% from pre-COVID levels. ...
Stretched finances due to higher cost-of-living push many to consider falsifying information FICO (NYSE: FICO) , a leading global provider of analytics software, today announced further findings from its consumer fraud survey exploring attitudes and preferences towards fraud checks....
Stretched finances due to higher cost-of-living push many to consider falsifying information FICO (NYSE: FICO) , a leading global provider of analytics software, today announced further findings from its consumer fraud survey exploring attitudes and preferences towards fraud checks....
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FICO (NYSE:FICO), a leading predictive analytics and decision management software company, today announced that its Board of Directors has approved a stock repurchase program to acquire up to $1 billion of the company’s outstanding common stock. This new program was approved following comp...
Congresswoman Alma Adams will attend a Score A Better Future Fundamentals teen event to support financial education for Charlotte’s youth Global analytics software leader FICO will host three free credit education events in Charlotte on August 6 th . These events include th...
FICO, a leading analytics software company, is partnering with the National Association of Minority Mortgage Bankers of America (NAMMBA) to help educate and train mortgage professionals on financial wellness and how to support their communities from a social impact lending perspective. The new co...