Home equity hits record high, and here's how homeowners are spending it - CNBC

https://player.cnbc.com/p/gZWlPC/cnbc_global?playertype=synd&byGuid=3000684820&size=530_298Home equity hits record high from CNBC.

Since the development of the FICO credit scoring model in 1989, lenders—including mortgage lenders—have relied on that method for assessing the creditworthiness of people applying for mortgages and other types of loans. The FICO Classic score, developed by Fair, Isaacs & Co., ranges between 300...

The stock market began the New Year with a bang, with all of the major stock indexes reaching new all-time highs.  Although the Dow Jones Industrial Average is narrowly focused, containing just 30 large-cap stocks, it attracted considerable investor attention as it passed above the 25,000 mark ...

http://player.cnbc.com/p/gZWlPC/cnbc_global?playertype=synd&byGuid=3000681281&size=530_298

New home sales up 17.5% in November from CNBC.

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Buying a first home can be a daunting process. Apart from the somewhat complex issue of financing, there is the matter of finding the “perfect home.” Here are some things buyers should maybe not sweat—and some surprising facts about what they should be concerned about. Your furniture doesn’t fit As...

The stock market advanced to new highs in anticipation both houses of Congress would reach an agreement on a tax cut bill.  It appeared on Friday the reconciliation process had run its course as House Ways and Means Chairman Kevin Brady stated the conference committee had completed its negotiat...

The song remains the same.  The stock market again ended “mixed” this past week with the Dow Jones Industrial Average and S&P 500 Index setting new all-time highs.   Meanwhile, the NASDAQ Composite Index stumbled very slightly to close the week seven and a half points lower.  ...

The stock market ended “mixed” this past week while showing greater volatility although the major indexes once again set new all-time highs during the week.  The Dow Jones Industrial Average and S&P 500 rallied almost 1% on both Tuesday and Thursday on increasing investor sentiment optimism...

The major stock market indexes traded to new all-time highs during a holiday shortened week characterized by light trading volumes.  The week’s economic data were mixed, but strong housing data reported on Tuesday from the latest Existing Home Sales report helped spark a market rally.   Ex...

The major stock market indexes traded mostly flat to modestly lower to end the week “mixed” with the Nasdaq Composite Index managing to record a gain while the Dow Jones Industrial Average and the S&P 500 Index saw small losses.  Trading volumes began to shrink as the week progressed as mar...

The major stock market indexes reached new record highs on Monday and Wednesday before ending the week modestly lower to snap an eight week winning streak.  There was some profit taking on Thursday and Friday to coincide with Thursday’s release of the Senate's version of a tax reform bill that ...

The major stock market indexes once again recorded new all-time highs during the week while bond prices also recorded modest gains to send yields slightly lower.   Political events during the week seemed to create crosscurrents within investor sentiment. An announcement of a couple of indictmen...

Home buyers today are faced with a fundamental choice: should they buy a home in an established neighborhood? Or is it better to go for a never-lived-in home in a new development? Each has its advantages and drawbacks. Here are some of the top decision points. An “older” home—a better term would be...

The majority of stock market indexes continued to advance into record territory led by a surge in earnings from technology companies Alphabet (Google), Amazon, Intel, and Microsoft.  Strong 3 ^rd Quarter earnings reports from 3M, Caterpillar, Corning, and General Motors also provided a market b...

September new home sales increased by 18.9% in September, well above expectations.  This is another indicator of growing economy.      

 Just about any news these days bolsters the US and global equity markets. Over the weekend, Japanese Prime Minister Shinzo Abe’s election victory lifted world stocks and the dollar this morning. His victory assures Japan will continue its quantitative easing, which means a weaker yen and ...

The stock market continued to advance into new record-high territory last week on better than expected third quarter corporate earnings reports.  The Dow Jones Industrials in particular benefited from earnings reports from IBM, Johnson & Johnson, and UnitedHealth that helped send the Dow ov...

Natural disasters, like the storms that battered Texas, Florida and Puerto Rico, and the devastating wildfires in California, do far more damage than destroying people’s property and lives. They also disrupt local municipal budgets.   Some might say, local bureaucracy is far less important tha...

The stock market continued to advance into new record-high territory, boosted by releases from major third quarter corporate earnings reports.  This past week marked the fifth consecutive weekly gain for both the Dow Jones Industrial Average and the S&P 500 Index despite a number of politic...