Investors await another Monday jolt after Moody’s downgrades US

Investors face yet another bumpy start to the trading week, although it’s mounting concern over US debt rather than tariffs likely generating the volatility this time. Financial markets reopen in Asia on Monday after Moody’s Ratings announced Friday evening it was stripping the US government of its top credit rating, dropping the country to Aa1 […]

Investors await another Monday jolt after Moody’s downgrades US Read More »

US states likely to defy US downgrade to keep top credit ratings

US states from Florida to North Carolina and Texas would likely hold onto top-notch credit scores from Moody’s Ratings, mostly because they’re in better fiscal shape than the federal government itself.  More than a dozen states have pristine triple-A ratings from Moody’s, according to Bloomberg-compiled data, ranking them higher than the US government, which was stripped of

US states likely to defy US downgrade to keep top credit ratings Read More »

Better mortgage spreads boost housing demand in 2025

One of the lesser known storylines in housing economics is that the improvement in mortgage spreads since 2023 has contributed to a noticeable trend in purchase application data for 2025, which is now showing 15 consecutive weeks of positive year-over-year growth.  Mortgage spreads recently turned negative due to market volatility, which resulted in an increase

Better mortgage spreads boost housing demand in 2025 Read More »