The Ticker

March interest rate hike? Odds are now up to 50%

Chances up significantly from last week
Expectations for a rate hike in March are up significantly from last week, as traders now place an over-50% chance on an interest rate increase in March. And one expert explains this increase in expectations could turn into a self-fulfilling prophecy.
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10 best and worst markets for first-time homebuyers right now

And a breakdown of key factors blocking homeownership
As the industry gears up for the spring homebuying season, first-time homebuyers are once again stuck trying to gauge exactly how affordable their market is, along with if it’s even one they are able to jump into. This new report from Bankrate shows what markets are ideal for first-time homebuyers. Does yours rank at the top of the list?
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[Watch] Hensarling: Dodd-Frank reform is a this-year priority

Congress only in the beginning stages
House Financial Services Committee Chairman Rep. Jeb Hensarling, R-Texas, is at the forefront of reforming Dodd-Frank, spearheading one of the most prominent options to change the controversial act. His position of authority brings a lot more weight to his recent comments during a CNBC interview where he stated that dealing with Dodd-Frank is a this-year priority.
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Wells Fargo commits $60B lending goal toward African American Homeownership

Plans to create at least 250,000 homeowners
America is projected to become drastically more diverse over the next several decades. By the year 2024, 75% of the expected 14 million new households in the U.S. will be diverse, and Wells Fargo is stepping up to meet that need. The bank announced on Tuesday a $60 billion lending commitment to African American homeownership.
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Second estimate keeps GDP at 1.9% growth in Q4

Led by positive contributions from personal consumption expenditures
The second estimate for the fourth quarter’s GDP remained at 1.9%, but one expert says the real story is the increase in GDP from the first half of 2016. While GDP decreased from the third quarter, this was due to a spike in soybeans the faded in the fourth quarter.
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Fired HUD aide to Ben Carson softens stance on Trump

Let go for criticizing the president
After being fired earlier this month for being critical of President Donald Trump during the campaign, Shermichael Singleton, who was one of Ben Carson’s top aides at HUD, went on CNN for an interview as a follow-up to his controversial op-ed. For Singleton, time has helped change his stance on Trump.
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