|
 |
|
|
|
|
|
New and Noteworthy |
|
US Dollar Surges The US dollar surged to its highest level in two decades as investors ramped up bets that aggressive interest rate rises from the Federal Reserve will leave other big central banks trailing far in its wake. The immediate catalyst for the move came from the Bank of Japan who is keeping a looser monetary policy by keeping bond yields at zero. (Full Story) |
|
"I Think We Are At Peak Inflation and Peak Fear" - Leuthold Group This chart illustrates several key ingred-ients that underlie pricing pressures are losing their inflationary force. These include the systemic impact of rising inflation expectations, the coincident contribution of higher commodity prices, and the leading influence of economic policies. (Full Report) |
|
|
Mortgage Rates Pause Their rapid Ascent For Now The average rate on the 30-year fixed mortgage edged down to 5.10% from 5.11% last week, according to Freddie Mac. Mortgage rates have jumped over 2 percentage points since the beginning of 2022 on expected interest rate hikes by the Federal Reserve to tame runaway inflation. (Full Story) |
|
Team News |
|
|
Alex Mahgoub |
|
New Video: Alex Mahgoub With over 15 years of experience, Alex Mahgoub has been involved in over 400+ residential real estate transactions across New York City. Alex provides clients with guidance, resources, and the support they need to be successful. Watch his latest team video here! |
|
Our Properties |
|
|
|
We are partnering with Block: a home renovation platform that helps you design, plan, and build all in one place. If you are planning a home reno, use Block to get an on-site estimate of costs before you even start. Plus use offer code APKSTEPTXU to get $500 off your materials purchase. Click here for more info. |
|
|
|