Word: mortgagee
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In the housing sector, Wednesday brings Existing Home Sales for June, expected to be down a bit from last month, and Friday it's new home sales, expected to once again make Greenspan smile - especially as he's managed to talk those 10-year bonds (think mortgages and mortgage-refis...
He even went so far as to say that while "the risks would seem to remain mostly tilted toward weakness in the economy," he saw "no evidence" of inflation. That's the other half of the equation - the green light for the Fed to cut rates into a slowdown without...
Some tax pros have been angling for ways to reset the meter without moving. Philip Holthouse, a partner at the Los Angeles tax firm Holthouse Carlin & Van Trigt, says you can do that by setting up a trust and selling the house to your adult children. Future gains will accrue...
School officials credit their success in part to their 97% average attendance rate, which in turn is boosted by classes that emphasize art, poetry and yoga along with arithmetic and grammar. "Unless you're fully engaging the mind and body of the children, they're not going to be as...
As the Fed heads into its May confab Tuesday, the economy's prospects for dodging a recession are actually looking pretty good. On Friday, encouraging reports for April on retail sales (up), consumer sentiment (up) and wholesale inflation (pretty tame) put a dent in the unanimous expectation that the Fed...