Retirees, Break Free From Low Yields. He already has two years’ worth of living expenses stashed in ultrasafe money market funds that offer little in the way of income. He’s planning to replace some of his stocks and real estate investment trusts with a high-quality short-term bond fund that yields about 2.2%.
Who started it in this country is subject to debate, but we do know that the first Labor Day as a public holiday was in Oregon in 1887. Seven years later, it became a Federal Holiday and today it is a statutory holiday in the US and it is enjoyed for sports reasons too – traditionally, the start of the College Football and NFL seasons.
But unless you are a fan of higher down payments and stricter mortgage requirements. you might not even get that far. The good news is that surging home prices have forced the federal government to.
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So just how much help has this change been for homeowners. but only because rates are going up for everyone. Several factors are at work. Since Fannie and Freddie look shakier than ever, fewer.
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But bond yields are still low and following the path of the data," said Rob Robis, head of fixed income macro strategies at ing investment management in Atlanta. "There is no reason for the Fed to.
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Officials may also discuss how to set rates-a technical issue separate from the question of how high to move them-and how much to let the central bank’s bond portfolio shrink. to flood insurance.