Want to estimate your monthly energy bill in a new home — before you buy it? This new service may help.
Home shoppers often try to estimate the cost of monthly utilities payments for prospective homes by quizzing real-estate agents. A new feature offered by a brokerage should help demystify that number. The feature, unveiled on Thursday by real-estate brokerage firm Redfin RDFN, +0.33%, provides energy-cost estimates for 85 million homes nationwide. The estimates are provided […]
The housing market is showing signs of ‘normalizing’ and IRS says ‘Tax Day’ will be different this year — put these important tax dates on your calendar
Hi, MarketWatchers. Don’t miss these top stories.IRS says ‘Tax Day’ will be different this year — put these important tax dates on your calendar Two thirds of households received income-tax refunds last year, IRS statistics show. Read More U.S. mortgage rates slip, giving some relief to homebuyers The 30-year mortgage rate is averaging at 6.33%, […]
What exactly is Services CPI ex Rent and Shelter doing?
SF Fed President Daly said that she is watching the services CPI ex housing for signs of inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in […]
Fed’s Bostic sees a likelihood services inflation will prove stickier than Fed would want
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GBP/USD rallies sharply above 1.2070 on disappointing US Services PMI
The GBP/USD soared close to 1.50% on disappointing US ISM Services data. Hawkish Fed speaking failed to weigh on the GBP/USD. Next week’s economic calendar would feature UK GDP, and US CPI reports. The Pound Sterling (GBP) extended its gains against the US Dollar (USD), surging more than 160 pips on Friday, following a disappointing […]
US dollar sinks on hard landing fears after ISM services survey plunges
The ISM services sector survey is one of the best forward looking indicators out there and today’s edition plunged to 49.6 from 56.5, far worse than the economist consensus of 55.0. Even worse, the forward-looking new orders component in the survey looks like this: ISM new orders Market participants are struggling with the idea of […]