The following chart shows the national average of 5-year CD rates on amounts less than $100,000.
As seen in the chart, Mount Deadcatbouncus erupted in the spring of 2019, long before Covid-19 was even a thing.
Thanks to the "rising" interest rate environment we now find ourselves in, savers nationwide are pinning their hopes and dreams on a new and more prosperous Mount Fatchancus forming. May they find much better luck than their predecessors.
Housing January 5th Weekly Update: Inventory Down 2.2% Week-over-week
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Altos reports that active single-family inventory was down 2.2%
week-over-week.
Note that Inventory usually bottoms seasonally in January or February.
T...
1 hour ago

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