A recent “report card” from the Center for Financial Literacy at Champlain College in Vermont shows there has been a significant increase in the number of states requiring students to take personal finance courses before graduation. Seven states received an “A”. Four states received an “F” including ... » Learn More about California Gets an “F” in Financial Literacy Education per 2023 National Report Card on Financial Literacy in High Schools
San Fernando Valley Real Estate Market Update Mid-December 2023
The San Fernando Valley Los Angeles region’s housing market has remained solid. Presently we have the seasonal slowdown in play, but the recent drop in mortgage rates will no doubt stimulate activity. Affordability levels are low because of the higher rates and values. The lower rates will help ... » Learn More about San Fernando Valley Real Estate Market Update Mid-December 2023
Fed Goes to Neutral and Mortgage Rates Lowest Since May
The Federal Reserve left the Fed Funds Rate unchanged at 5.375% at their policy meeting today. Even though the Fed left the rate unchanged, they’ve basically admitted that they are now in a neutral position. They’ve been in a tightening stance for almost two years. The rates have hit their highs for ... » Learn More about Fed Goes to Neutral and Mortgage Rates Lowest Since May
San Fernando Valley Real Estate Market Update November 2023
San Fernando Valley Single Family Housing median price is up 13% year over year. A far cry from the calls that we would have a housing price crash. As I've conveyed numerous times, it's just a matter of supply and demand. Active listings should seasonally go up soon, but statistically is over 30% ... » Learn More about San Fernando Valley Real Estate Market Update November 2023
Mortgage Rates Lowest In Two Months
Inflation based on the Producer Price Index (PPI), Consumer Price Index (CPI), and the Federal Reserve's favorite Personal Consumption Expenditures all show continued improvement. That in conjunction with the moderate Job Data, kept the the Federal Reserve to maintain the target range for the ... » Learn More about Mortgage Rates Lowest In Two Months