Almost exactly four months ago, the U.S. declared a national emergency because of COVID-19. So, I thought that now would be a good time to take a look at how the U.S. housing market has fared over the past 16 weeks and also let you know what you might expect to see as we ...
Corporate bond marketpandemicCOVID-19We find that bond issues increased substantially since the onset of the COVID-19 crisis in calendar week 12 (March 16-20) for bonds rated A or higher, but surprHalling, MichaelYu, JinZechner, Josef...
However, the COVID-19 recession is shaping up to be different. For starters, people are being asked to curtail outside activities. This is particularly true for those who have medical conditions that put them at higher risk—the type of individuals who use health care the most. On top of...
“The housing market is likely to see some challenging times ahead, especially in the form of high mortgage rates which are expected to level up higher than many forecasts did,” said Hepp. “As a result, the number of home sales in the next two years will likely decline from its 20...
2020 is the last year of China's 13th Five-Year Plan (FYP). However, the sudden COVID-19 pandemic has disrupted the original pace of production and life. It's also a major test for the country's public health system. "The practice of fighting COVID-19 exposed many loop...
Researchers at Université Laval, the Centre de recherche du CHU de Québec-Université Laval and Université de Montréal received a $2.2 million grant today from the COVID-19 Immunity Working Group to measure the impact of the pandemic on food workers.
Lower interest rates helped the U.S. housing market make its recovery after the gut punch of the2007-2008 financial crisis, and then again during the COVID-19 pandemic. Higher interest rates have the opposite effect, reducing demand for loans in order to cool down inflation. ...
Learn More How Interest Rates Affect the Housing Market Key Terms Pre-Approval Definition Prepayment Penalty Adjustable Rate Mortgage Mortgage Interest Mortgage Rate Lock Buydown Definition Private Mortgage Insurance (PMI) Conventional Mortgage Mortgage Broker Mortgage Closing Pre-Approval Definition A mort...
Inflation can lead central banks to set higher interest rates to help cool down a hot economy. As the United States emerges from the COVID-19 pandemic, increases in interest rates have strengthened the value of the U.S. dollar. The Effect of Interest Rates ...
In such a tight labor market, employers typically need to pay higher wages to attract employees, ultimately leading to rising wage inflation.3 Over the years, economists have studied the relationship between unemployment and wage inflation, as well as the overall inflation rate. The Phillips ...