Is the end of Libor a threat to financial stability?

WASHINGTON — There is little doubt in anyone's mind that by the end of 2021, the London interbank offered rate will cease to exist. But as banks prepare for the switch, a growing chorus is warning of financial-stability issues with the transition to a new interest rate benchmark.

Read more... https://www.americanbanker.com/news/is-the-end-of-libor-a-threat-to-financial-stability

The Dawn of a New Era for Title

In 1964, Bob Dylan famously sang the lyrics, "Oh, the times they are a-changin." While Dylan's melodramatic anthem focused on the shifting American societal landscape during that turbulent decade, the title industry is currently undergoing its own era of change in the 21st century. 

Read more... https://dsnews.com/daily-dose/10-24-2019/the-dawn-of-a-new-era-for-title

The Cost of Trade Wars on Housing

A forecast from Goldman Sachs says the ongoing trade war between China and the U.S.  is "kicking the tires" of growth, and added insight as to what that could mean for a recession.

Read more... https://dsnews.com/news/10-21-2019/could-trade-wars-cause-the-next-recession

Lucara rocks — finds blue, pink diamonds at Botswana mine

Canada's Lucara Diamond (TSX:LUC) continues to find gem-quality, coloured diamonds at its Karowe mine, in Botswana, which in April yielded the 1,758-carat Sewelô (meaning "rare find") diamond, the largest ever recovered in the African country.

Read more... https://www.mining.com/lucara-on-a-roll-finds-blue-pink-diamonds-at-botswana-mine/

Millennial Money: Surprising tricks for your credit cards

Credit cards are daily payment tools for many Americans, but yours probably also has unintended tactical uses you never thought of, such as slicing open birthday card envelopes your grandparents send.

Read more... https://wtop.com/living/2019/10/millennial-money-surprising-tricks-for-your-credit-cards/

Refinance or not? Getting a better deal isn't a slam dunk, but low rates offer compelling choices

Low interest rates are sparking another mortgage-refinance boom. If you haven't applied for a loan in a few years, it might be time to reconsider.

Read more... https://www.azcentral.com/story/money/business/economy/2019/10/20/mortgage-refinancing-popular-interest-rates-what-know/3977040002/

How Automated Trading Can Increase Your Trading Profits

Have you ever wondered how you can automate your trading strategies and increase your trading profits? In this article we'll cover the basics of algorithmic trading (AKA trading bots), the benefits, and the risks. Get ready for Automated Trading 101!

Read more... https://medium.com/datadriveninvestor/how-automated-trading-can-increase-your-trading-profits-371ae1f828fe

    Best Regards,

Lillian Wong
Sr. Mortgage Advisor
NMLS 630337
NEXA Mortgage
2450 S Gilbert Rd #210
Chandler AZ 85286
480.650.5412
www.lillianwong.net
lwong@nexamortgage.com

The 10 most expensive ZIP codes for renters in Arizona

The peak rental season is coming to an end, making October the perfect time to identify and rank the areas that have charged the largest rents this year.

Read more... https://azbigmedia.com/real-estate/multifamily/the-10-most-expensive-zip-codes-for-renters-in-arizona/

3 projects that are shaping the future of Downtown Phoenix

The evolution of Downtown Phoenix continues, and there are three key projects leading the market forward, The Link PHX, Block 23 and two buildings going up at the newly renovated Arizona Center — the AC Hotel by Marriott and Palm Tower, a residential tower. All of these projects are in different stages of development, but the tallest of the new buildings, The Link PHX, will be the first one to be delivered.

Read more... https://azbigmedia.com/real-estate/3-projects-that-are-steering-the-future-of-downtown-phoenix/

Tracking Home Equity Growth Since 2012

Redfin reports that people who purchased homes in 2012 have earned $203 billion in home equity. The buyer who bought a home the year prices reached their lowest point following the Great Recession has earned $141,000, or 261%, in home equity. 

Read more... https://dsnews.com/daily-dose/09-30-2019/tracking-home-equity-growth-since-2012