Answering some reader email and want to reiterate as the extension due date draws near, there is no Covid exception to the home office deduction rule. If you're an employee, your home office expenses aren't deductible on your 1040 even if you were required to work from home. #tax
My two cents on #inflation, knowing when you're on track financially and how I became "the funny Aunt Jill who will tell you what you’re screwing up, but not be mean about it." @usnews@emmarkerr https://t.co/JwZAveSqVp
My two cents on #inflation, knowing when you're on track financially and how I became "the funny Aunt Jill who will tell you what you’re screwing up, but not be mean about it." @usnews@emmarkerr https://t.co/JwZAveSqVp
Adjustable-rate mortgages are making another comeback as 30-year fixed mortgage rates eclipse 6%
For the past two weeks, nearly 1 in 10 of all mortgage applications have been for ARMs
Data: @MBAMortgage
“As humans we are not good at making decisions when we are emotional... Come up with metrics to decide when to hit the emergency break." https://t.co/IvtJVHnq76
29 days straight of declining #gasprices! We’re now down 40c/gal from the peak with Americans spending $150 million LESS on gasoline today alone vs June 14. National average $4.634/gal with over 10,000 stations at $3.99 or less. We will fall under $4.60 by the weekend.
As of this morning, the Fed Futures are now pricing in a 100% chance of at least a 75 basis points hike on July 27 and a 30% chance rates rise by 100 basis points.
Some data reports tell you a lot about the world, affirm trends, etc.
No matter how you cut it, today's CPI was not one of those. (1/)
https://t.co/iFBHgzAxlu
This article seems like a W for millennials. It's not.
Here's the caveat: Millennials with *boomer parents who GIFT them down payments* are the ones able to buy homes.
https://t.co/3S4tNmKD5l
Fed gov Chris Waller on CNBC: The data was screaming at us to raise rates by 50 bps but the geopolitical situation led me to support the 25 bps move. We might need to do 50 bps at the next couple meetings.
Two years ago *today,* the Fed slashed interest rates to zero at an emergency meeting.
Seems only fitting that tomorrow will likely bring the Fed's first rate hike since 2018 — and the first of many more to come.
Our preview, via @Bankrate:
https://t.co/UIKaeOQ8C9
"Crude oil and gasoline get all the headlines. But it’s diesel that moves the economy, and prices there are skyrocketing more than gasoline." https://t.co/3NF7uDKsEt