Mortgage credit access is increasingly hard to come by

On Tuesday, New Jersey Gov. Mikie Sherrill signed a bill designed to make it easier for residents to generate their own electricity by using small solar systems that plug directly into a household outlet. “Balcony solar is the ultimate win-win,” Sherrill said after plugging in a solar panel at the bill-signing ceremony. “It’s accessible, affordable,…

When the dot-com bubble burst, Matt (the “Lumberjack Landlord”) watched his 100% stock portfolio go to dust. Having lost everything he had saved throughout his early twenties, his only option was to rebuild. But with what? He needed something that could help him offset his living expenses today and propel him toward retirement. That “something”…

The average five-year fixed mortgage rate among Canada’s Big Five banks edged just one basis point higher over the month, to 4.55% in August, from 4.54% in July. That’s a move too small to materially affect monthly payments or qualification thresholds. It was declining prices, not rates, doing the heavy lifting. That pattern tracks closely with…

The latest rebalance of VettaFi’s Thematic Rotation Quality Momentum Screened Index (TQRMS), tracked by the NBI Thematic Rotation ETF (NTHM:TSX), reshapes the portfolio around a new set of themes. GLP-1 weight loss drug manufacturers and midstream energy join the index, while battery technology & storage and software-as-a-service (SaaS) exit.  Key Takeaways Theme changes: The NTHM…

Notional open interest in Ice interest rate derivatives surpassed CME flagship SOFR (secured overnight financing rate) contracts for the first time in June, as demand for euro- and sterling-denominated hedges continued to climb, data from the two exchanges shows. Daily open interest in Euribor, Sonia and €STR contracts on Ice reached a combined $62.3 trillion…