Sage Investment Club

‘The U.S. housing market is crumbling under the weight of higher mortgage rates and rock-bottom affordability’: Prices fell the most in these U.S. states

Americans are finding it hard to afford homes at mortgage levels now beyond 7%, according to some measures. Home prices have begun to reflect that. As mortgage rates rose in the last quarter of 2022, Americans found the cost of homeownership increasingly challenging, adding hundreds of dollars in interest to their potential monthly mortgage payment. […]

Mortgage demand falls 9% despite rates falling for fourth week in a row

The numbers: The housing market is not out of the woods yet, as mortgage demand fell again despite an improvement in rates. Despite mortgage rates dropping for the fourth consecutive week, mortgage demand fell 9% in the latest week. Demand for both purchases and refinancing fell. That pushed the market composite index down, a measure […]

The airline rewards programs that give the most value

Airline reward programs offer a simple proposition: If you fly with our airline a bunch, you’ll get paid back in the form of miles or points that can be used for future travel. Yet understanding how many miles you’ll earn, and how much these miles are worth, can be anything but simple.  These reward programs […]

Apple couldn’t save the smartphone industry from its worst year since 2013

The personal-computer market just capped off a bad year, but the smartphone market suffered more—at least by one metric. The smartphone industry shipped 1.21 billion units during 2022, marking the lowest shipment count since 2013, according to researchers from IDC. Smartphone shipments declined 11.3% on the year. The PC market saw a steeper… Source link