V//@PearlynCSY:Goldman slashes

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Iv50829922
2022-07-08

V//@PearlynCSY:Goldman slashes GDP forecast for the second quarter to just barely above water. Goldman sliced its second-quarter outlook for GDP to just 0.7%, down from the previous expectation of a 1.9% increase.Combined with the decline of 1.6% in the first quarter that would bring the first half to within a whisker of a recession.Wells Fargo economists said they expect more aggressive Fed policy to step up the timeline for a “moderate” recession starting soon and lasting a year.

US Mortgage Rates Plunge to 5.3% in Biggest Drop Since 2008

Mortgage rates in the US posted the biggest one-week decline since 2008.The average for a 30-year lo

US Mortgage Rates Plunge to 5.3% in Biggest Drop Since 2008

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Chilli Padi
·2022-07-08
Well anticipated.
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GinOng
·2022-07-08
Hope fed is kinder
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Ignis
·2022-07-08
kk
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yiy
·2022-07-08
[OK]
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Chris82
·2022-07-08
Ok
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imayu
·2022-07-08
ok
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Ahwei6868
·2022-07-08
Ok
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Kaycee
·2022-07-08
[Strong]
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Goldman sliced its second-quarter outlook for GDP to just 0.7%, down from the previous expectation of a 1.9% increase.Combined with the decline of 1.6% in the first quarter that would bring the first half to within a whisker of a recession.Wells Fargo economists said they expect more aggressive Fed policy to step up the timeline for a “moderate” recession starting soon and lasting a year.&nbsp;</body></html>","htmlText":"<html><head></head><body>\nV//<a href=\"https://ttm.financial/U/4092458811577680\">@PearlynCSY</a>:Goldman slashes GDP forecast for the second quarter to just barely above water. Goldman sliced its second-quarter outlook for GDP to just 0.7%, down from the previous expectation of a 1.9% increase.Combined with the decline of 1.6% in the first quarter that would bring the first half to within a whisker of a recession.Wells Fargo economists said they expect more aggressive Fed policy to step up the timeline for a “moderate” recession starting soon and lasting a year.&nbsp;</body></html>","text":"V//@PearlynCSY:Goldman slashes GDP forecast for the second quarter to just barely above water. Goldman sliced its second-quarter outlook for GDP to just 0.7%, down from the previous expectation of a 1.9% increase.Combined with the decline of 1.6% in the first quarter that would bring the first half to within a whisker of a recession.Wells Fargo economists said they expect more aggressive Fed policy to step up the timeline for a “moderate” recession starting soon and lasting a year.","highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9073914254","repostId":1180655595,"repostType":4,"repost":{"id":"1180655595","kind":"news","pubTimestamp":1657203627,"share":"https://www.laohu8.com/m/news/1180655595?lang=&edition=full","pubTime":"2022-07-07 22:20","market":"us","language":"en","title":"US Mortgage Rates Plunge to 5.3% in Biggest Drop Since 2008","url":"https://stock-news.laohu8.com/highlight/detail?id=1180655595","media":"Bloomberg","summary":"Mortgage rates in the US posted the biggest one-week decline since 2008.The average for a 30-year lo","content":"<html><head></head><body><p>Mortgage rates in the US posted the biggest one-week decline since 2008.</p><p>The average for a 30-year loan fell to 5.3%, the lowest in a month and down from 5.7% last week, Freddie Mac said in a statement Thursday.</p><p>Buyers are getting a slight reprieve from this year’s massive rise in rates that has started to cool parts of the US housing market. The jump in costs has pushed more buyers out of the real estate hunt, causinginventoryto increase. Sellers have started to cut prices in certain areas.</p><p>“While the drop provides minor relief to buyers, the housing market will continue to normalize if home-price growth materially slows due to the combination of low housing affordability and an expected economic slowdown,” said Sam Khater, Freddie Mac’s chief economist.</p><p>Even as price gainsstartto decelerate slightly, the market is the least affordable it’s been since the mid-1980s,accordingto mortgage data provider Black Knight Inc.</p><p>At the current 30-year average, a borrower with a $300,000 mortgage would pay roughly $1,665 a month, about $383 more than at the end of last year, when rates hovered around 3.11%.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US Mortgage Rates Plunge to 5.3% in Biggest Drop Since 2008</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Mortgage Rates Plunge to 5.3% in Biggest Drop Since 2008\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-07 22:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-07-07/us-mortgage-rates-plunge-to-5-3-in-biggest-drop-since-2008?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Mortgage rates in the US posted the biggest one-week decline since 2008.The average for a 30-year loan fell to 5.3%, the lowest in a month and down from 5.7% last week, Freddie Mac said in a statement...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-07/us-mortgage-rates-plunge-to-5-3-in-biggest-drop-since-2008?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-07-07/us-mortgage-rates-plunge-to-5-3-in-biggest-drop-since-2008?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180655595","content_text":"Mortgage rates in the US posted the biggest one-week decline since 2008.The average for a 30-year loan fell to 5.3%, the lowest in a month and down from 5.7% last week, Freddie Mac said in a statement Thursday.Buyers are getting a slight reprieve from this year’s massive rise in rates that has started to cool parts of the US housing market. The jump in costs has pushed more buyers out of the real estate hunt, causinginventoryto increase. Sellers have started to cut prices in certain areas.“While the drop provides minor relief to buyers, the housing market will continue to normalize if home-price growth materially slows due to the combination of low housing affordability and an expected economic slowdown,” said Sam Khater, Freddie Mac’s chief economist.Even as price gainsstartto decelerate slightly, the market is the least affordable it’s been since the mid-1980s,accordingto mortgage data provider Black Knight Inc.At the current 30-year average, a borrower with a $300,000 mortgage would pay roughly $1,665 a month, about $383 more than at the end of last year, when rates hovered around 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