Homeowners Only! 🏠

- marry the house, date the rate                                                                                                                                                                                                                                                                                                                                                                                                                 July 11, 2023 | [Read Online]( Check this out: - Trend Tracker - Up To Date News and Trends On The Stock Market 📈 - Hot or Not? - All Your Real Estate Needs 🏠- Crypto Chronicles - Basically the Avengers of Crypto! How Cool Is That? 🦸‍♂️ - Money Moves - Who doesn’t wanting to be making money moves? Latest on your Personal Finance. 📈 Trend Tracker [Stocks edge higher in wait for inflation data.]( The S&P 500 and Dow Jones Industrial Average were up slightly at the open on Tuesday, as investors awaited key inflation data that could give the Federal Reserve cause to consider ending its interest-rate hikes more quickly. The tech-heavy Nasdaq Composite was little changed. [Wall Street is more bullish on companies than stocks.]( Analysts have been revising their price targets for the S&P 500 higher, with some now forecasting the index to reach 4,825 by year-end. This is despite the recent volatility in the market, as investors remain confident in the long-term prospects of US companies. [Bank of America fined $225 million by U.S. regulators]( for 'widespread' AML failures. The bank admitted to failing to properly monitor customer activity and report suspicious transactions, as well as to inadequately training employees on AML procedures. The fine is the largest ever imposed on a U.S. bank for AML violations. 🏠Hot or Not? [The "marry the house, date the rate" homebuying strategy is tempting](, but it's not without its risks. This strategy involves buying a home now and refinancing later when interest rates drop. However, there are a number of factors that could prevent you from refinancing, such as rising home prices or stricter lending standards. As a result, you could end up stuck with a higher mortgage payment than you expected. [Homebuyers, listen up!]( Figuring out how much house you can afford is essential in today's hot market. The 28/36 rule is a simple but effective way to calculate your max mortgage payment, but there are other factors to consider as well, such as your down payment, closing costs, and other debt. Get a handle on your finances before you start house hunting so you don't overspend. [Total Transformation: Season 3]( ‘Fixer Upper’ Home Jumps Into the Market and Scores an Offer Crypto Chronicles 💥 [Former SEC Chairman Jay Clayton says that a Bitcoin]( ETF could be approved if the market for Bitcoin futures is regulated and if there is a robust system for preventing market manipulation. [tw profile: Squawk Box] Squawk Box @SquawkCNBC [tw] "I was very skeptical with trading in the #bitcoin market when I was SEC Chair," says Jay Clayton. "But if you can demonstrate that the spot market has similar efficacy to the futures market, it would be hard to resist approving a #bitcoin ETF." Jul 10, 2023 145 Likes 50 Retweets 41 Replies [Crypto investors will be watching the release](of June's CPI and PPI readings this week for clues on the direction of inflation and monetary policy. [Rodeo Finance, an Arbitrum-based DeFi platform,](was exploited for $888,000 today. Hackers used Oracle manipulation to alter price feeds and exploit the platform. This is the latest in a series of DeFi hacks that have happened recently. 💸 Money Moves 💰 [Federal watchdog cracks down on Bank of America]( but ‘junk fees’ aren’t going anywhere, expert says — it’s a ‘game of whack-a-mole’ [The best high-yield savings account]( rates for July 2023 [Cash diet 101:]( How to cash stuff, think about your spending and maybe save some money You got it! Alright, financial mavericks, it's time to wrap up today's discussion. But fear not, we can keep the conversation going like the true money mavericks we are. Share Financial Maverick Calling all Financial Mavericks! To help out a family and friend in need by sharing this newsletter. Tell you what if you ever wanted to be a Hero, Financial Guru, or a Nice Person this is your time! [Click to Share]( Did today's newsletter hit the spot? 😉 - [Heck Yeah! Money Moves!]( - [Nah! Was More like Financial Dumpster]( DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.  [fb]( [tw]( [ig]( Update your email preferences or unsubscribe [here]( © Financial Maverick 19354 Watermark Drive, Suite 202 Cornelius, North Carolina 28031, United States