Economists are predicting that the March jobs report, set to be released this week, will show a slower pace of hiring compared to previous months. This is due to various factors, including the impact of the ongoing pandemic on businesses and the economy.
Today, mortgage rates have remained steady for 30-year fixed-rate loans. However, there has been a noticeable decrease in rates for 15-year fixed-rate mortgages. This distribution of rates reflects the current trends in the housing market.
Bitcoin (BTC) is expected to face a distribution phase on March 23, according to market analysts. This could result in a period of sideways movement in the price of the leading cryptocurrency.
Today, mortgage rates for 30-year terms have remained steady across the board. This stability in the market offers potential homebuyers the opportunity to lock in favorable rates for their new purchases.
Predictions
According to some experts, the Fed’s decision to keep interest rates near zero could result in lower mortgage rates. They argue that the Fed’s stance on monetary policy will likely have a positive effect on the housing market.
Investor confidence boosts
Investor confidence received a boost from the unexpected dip in inflation, which came amid concerns about rising prices and interest rates. This led to a surge in major indexes such as the S&P 500 and the Dow Jones Industrial Average.
Investors looking to add stability and dividends to their portfolio should consider healthcare stocks. In particular, three Dividend Kings in the healthcare sector stand out as solid options for March.
Several economists and financial experts are offering varying opinions on whether or not CD interest rates will rise in March. With the current economic climate and inflation levels, many investors are closely monitoring the situation to make informed decisions on where to allocate their savings.
Wall Street is looking at mixed open on Friday as investors digest the latest jobs report and keep an eye on rising bond yields. The Dow Jones Industrial Average is set to open slightly lower, while the S&P 500 is expected to open flat. Tech-heavy Nasdaq is poised for a modest gain at the opening bell.
The U.S. stock market has shown mixed results in March after a strong performance in February.
