Prestige Wealth Management

Interest rates have climbed to 6.52%, the highest since August, causing significant shifts in the mortgage market. We're seeing a 17% drop in total mortgage applications and a 26% decrease in refinancing. However, it's not all downward trends. Purchase applications are actually up 7% compared to last year, suggesting ongoing activity among homebuyers. ?? Interestingly, first-time buyers seem undeterred, with FHA applications holding steady. These changes in the housing market can have ripple effects on overall financial strategies. If you're wondering how these trends might impact your situation, feel free to reach out for a conversation. ?? #MortgageRates #HousingMarket #FinancialStrategy Source: https://lnkd.in/gk9_4QDX

Tis’ the season for spooky… We are excited to share some favorite spooky Halloween movies for the season of scares! Comment with your favorite spooky movies of the season! https://lnkd.in/gWymTzm5

August 26 is National Dog Day, but if you’re like most dog lovers you celebrate your pup EVERY day! Dogs teach us so many things, but none more important than how to love unconditionally. Show your dog some extra love on this special day! #nationaldogday #furbaby

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You may not know what a big “dill” it is, but today’s a day to “relish” the sport of pickleball. Pickleball combines tennis, badminton, and ping-pong, and is sweeping the nation. This sport is fun for people of all ages, and is a great way to stay active.

Planning a trip abroad? ???? The Fed's potential interest rate cuts could impact your travel budget. Here's how the Fed's decisions could impact your next international trip: ?? A strong U.S. dollar has made international travel more affordable recently ?? Fed rate cuts may weaken the dollar, potentially increasing costs for American travelers ?? Countries like Japan have been especially attractive due to favorable exchange rates ?? The timing of your trip could affect your purchasing power overseas ?? Consider how currency fluctuations might impact your overall travel expenses The global economy affects us all, even on vacation. Understanding these trends can help you make more informed choices about when and where to travel. ???? #TravelTips #FinancialAwareness #GlobalEconomy #CurrencyExchange Source: https://lnkd.in/dBMZw5Ed TinyURL: https://lnkd.in/dZDy8Pse

Embracing the history and spirit of freedom. Happy Juneteenth! #Juneteenth #CelebrateHistory

Astronomers have made a groundbreaking find that's rewriting our understanding of planet formation. Get ready for these mind-blowing details: ?? Telescopes in Hawaii detected a colossal disk of gas and dust swirling around a young star 1,000 light-years away. ?? This disk is a staggering 3,300 times the distance between Earth and our Sun, making it the largest known reservoir of planet-building materials! ?? Dubbed IRAS 23077, the disk's butterfly-like shape suggests the birth of potentially supersized planets in distant orbits. ?? Scientists believe studying this cosmic nursery will unlock secrets about the origins and evolution of worlds beyond our solar system. As telescopes like Hubble and Webb investigate this phenomenon further, we may witness the incredible formation of Jupiter-sized planets or even larger cosmic bodies emerging from IRAS 23077! ?? The Universe never ceases to amaze with its grand mysteries and wonders. This cosmic discovery reminds us of the vast unknown that still awaits exploration. #Astronomy #PlanetFormation #CosmicDiscovery #SpaceExploration #IRAS23077 Source: https://lnkd.in/dSAFVd9M

??? Oil prices have dipped due to an increase in U.S. crude stockpiles. Here's how this could impact your investing strategy: ?? Crude oil futures fell for the second consecutive day as U.S. stockpiles rose by 3.2 million barrels for the week ending March 22. ?? The West Texas Intermediate (WTI) contract for May delivery fell by 0.33%, settling at $81.35 a barrel. ?? Despite the recent dip, WTI has gained 13.54% for the year, while Brent is up 11.75%. This fluctuation in oil prices can have ripple effects on your portfolio, particularly if you're invested in energy stocks. It's crucial to stay informed and adjust your strategy as needed. #InvestingStrategy #OilPrices #FinanceUpdates Source: https://lnkd.in/gfeCEm4u