The dream of owning your own home is slipping further out of the reach of first-time buyers thanks to sky-high prices and mortgage rates that have more than doubled over the last few years. Amira Elgoneimy, a premiere agent with Redfin real estate brokerage, and Daryl Fairweather, chief economist with the real estate brokerage, explain the challenges buyers are experiencing as they try to buy their first homes.
Ed Egilinsky, managing director and head of sales and distribution & alternatives with Direxion, joined Cheddar News to discuss how bond traders are reacting to the latest consumer price index data and how they're positioning portfolios ahead of next week's release of Nvidia's earnings. Egilinsky also discussed some of the other bigger-cap companies, including Alphabet, Amazon and Apple.
