Daily Reads 3/1/19
Happy Friday! Today we roll out some news about Amazon HQ2, GDP Growth, Interest rates, and Mortgage rates.
28/cuomo-asked-bezos-to-bring- amazon-hq2-back-to-new-york. html?__source=twitter%7Cmain
The current state of Amazon: Not in New York. Governor Cuomo seeks to change that.
news/articles/2019-03-01/fed- patient-approach-hinges-on- risks-and-slow-moving- inflation?srnd=premium
When it comes to interest rates, the Fed remains patient, but what are we waiting for? See why the Fed claims they are in a sweet spot to keep interest rates steady.
story/mortgage-rates-stay- subdued-as-housing-reform- issues-grab-the-spotlight- 2019-02-28?mod=economy- politics
As we wrapped up February, mortgage rates remained the lowest this year. This is great news for new home buyers and has shown as applications for home mortgages are reportedly on the rise.
As the 2019 tax filing season continues into March, the IRS has reported an increase of $40 in the average refund. More money means you could contribute more towards your 401k, IRA, or HSA.
In the 2018 Q4, GDP growth hit 2.6%, which was better than expected by .3% despite the 35 day government shut down.