What’s Ahead for Mortgage Rates?
What’s ahead for mortgage rates? There will be movement, says Maryland Smith’s Clifford Rossi, the question is: How much? Rossi says he expects the 30-year fixed-rate mortgage rate to remain low by historical standards, but not as low as it is now. He says the 30-year mortgage rate is likely to rise to 3.5-3.6% by year-end, from the current 2.7%. The 15-year mortgage rate, he says, could also rise to 2.5-2.6%, from the current 2.1%.
Buying and Selling a House in a Hot Market
SMITH BRAIN TRUST – In the housing market, 2021 is shaping up to be the year of the bidding war. In the United States, prospective home buyers are facing fierce competition for limited inventory, as low mortgage rates and pent-up demand drives a seller’s market. Homes for sale are seeing multiple offers, often above the asking price and above appraised value.
21 for 2021: Midyear Stocks To Watch
SMITH BRAIN TRUST – With temperatures rising, Maryland Smith’s David Kass is looking to add a little heat to his biannual list of stocks to watch, dropping four of the picks he made in December of 2020 , and adding nine new ones. Of the 16 stocks he recommended in December, 12 have increased in value over the past six months.
These new and innovative virtual case competitions allow Maryland Smith undergraduate majors and minors to solve a real global business issue with a focus on business resilience. During these 4-5 day IB agility labs, students will benefit from exposure to an international company, work on teams with business students around the world, and gain hands-on case experience to build their resumes. Each IB agility lab will focus on one functional area of business and will include an optional virtual cultural activity.
Date
Location
Contact
Scholarship Honors Late Maryland Smith Student
Tom Savransky, a finance student and College Park Scholar who co-founded a virtual fitting company that would improve the experience of shopping online, is being remembered with a memorial scholarship. Savransky died last month after sustaining injuries during a car accident. He was 23. Colleagues and peers considered Savransky a software innovator with an entrepreneurial spirit.
Global Teams Compete in the Finance IB Agility Lab
As part of the #KeepGlobalSmith campaign, the Center for Global Business held the International Business (IB) Agility Lab: Finance from February 24-26, 2021. The IB Agility Labs are short, virtual case competitions that allow undergraduate students to learn from global business leaders, collaborate with international peers, and focus on business resilience.
Why Italy’s Economy Stopped Growing
For the past quarter-century, Italy’s economy has been nearly stagnant – not because of trade shocks, bad government, labor market problems, or lack of technology advancements, but because of a management style that is holding the country back, finds research from Maryland Smith’s Bruno Pellegrino.
Once Wall Street’s Darling, SPACs Fall From Favor
How the Special Purpose Acquisition Companies went from so hot to, recently, so not.