Bay Area
-
Mortgage Rates Are Likely to Stay High as Fed Hikes Rates and Signals More to Come
Takeaway: The Fed hiked by 25 bps as expected and officially projected another hike this year, but Chairman Warsh’s remarks suggest more may be on the way. The committee unanimously agreed to a hike today and projected another hike or two through 2027 but that may undershoot the reality as Fed officials seem to think…
-
Cómo la mujer más poderosa del gobierno de California está dejando su huella en la Legislatura
Si bien la senadora Monique Limón no ha logrado una victoria legislativa contundente en su primer año como presidenta interina, su mayor logro hasta el momento es su popularidad entre sus colegas del Senado. A diferencia de su predecesor, conocido por su tendencia a la microgestión, el enfoque igualitario de Limón, basado en el consenso,…
-
Newsom firma una ley para que estos californianos queden exentos del deber de jurado, para siempre
Los californianos mayores de 80 años podrán obtener una exención permanente del servicio de jurado en virtud de una nueva ley firmada por el gobernador Gavin Newsom.
-
Los intermediarios de datos tienen archivos detallados sobre ti. Esto es lo que contienen y cómo te afecta
Las empresas de intermediación de datos recopilan miles de detalles sobre tus finanzas, salud y hábitos. Descubre qué información contiene tu perfil, quién la compra y cómo la utilizan las empresas.
-
¿Quién compra tus datos personales? Disney, GM, tu aseguradora y tu banco. Esto es lo que obtienen
Un grupo de consumidores solicitaron sus archivos a una importante empresa de intermediación de datos. La información que recibieron revela un interés en su índice de masa corporal, su consumo de alcohol y la probabilidad de que se realicen una mamografía, entre muchas otras características.
-
Judge: Immigration agents must stop the way they’re conducting warrantless arrests
A Los Angeles judge ruled federal immigration agents likely violated the Constitution by not assessing flight risk when making warrantless arrests.
-
Elevated Rates Slow Home Sales as Buyer Demand Softens (Zillow August Market Report)
Home sales fell 0.6% year over year in August, a deceleration from July’s 6% annual gain, according to Zillow’s August Market Report. Newly pending listings, a leading indicator of future closings, fell 2.6% year over year in August, extending a rapid deceleration from June’s 7.5% annual gain — even as the number of homes for…
-
What the Fed’s Rate Hike Means for Housing
A higher fed funds rate today is the medicine the housing market needs to recover tomorrow. Greater market confidence in inflation being under control is more likely to bring mortgage rates lower in 2027 and get the recovery back on track. Unfortunately, it’s going to be a challenged end of the year for home sales…
-
FOMC Raises Policy Rate to 3.75 to 4.0 Percent
The FOMC raised its policy rate to 3.75 – 4.0 percent in a unanimous, 12-0 vote. Above-target inflation and a steady labor market drove the policy adjustment.
-
The Bay Area Leads August’s Most Expensive Home Sales With a $70M Hillsborough Estate
August’s top 10 list was dominated by the Bay Area. Mega-mansions in Southern California, Florida and Hawaii also made the list. A Bay Area estate in Hillsborough was the most expensive U.S. home sale of August, fetching $70 million. It’s followed by a $51.5 million waterfront villa in Miami Beach. California is home to six…








