Despite Bumps Along the Way, Road to Economic Recovery Shows Promise

Halfway through 2020, we’ve already had enough news (and then some) to fill up an average year. So far, we’ve seen a pandemic explode—then moderate. The stock market crashed—then recovered rapidly. There were protests around the nation—and we don’t know what will come next there. In addition to these major events, politics has steadily become more confrontational, and we know it will likely get worse as we move toward the November elections.

Read more

Is Now the Time to Buy or Refinance?

June usually marks the height of the spring real estate market—it’s National Homeownership Month, after all. But this June hasn’t been typical. With job loss numbers in the tens of millions, the economic impact of the coronavirus pandemic has put home ownership at risk, with many struggling to make mortgage or rent payments.

Read more

Market Update for June 30, 2020

Positive June caps off strong quarter for markets

Read more

Coronavirus Update from Commonwealth CIO Brad McMillan

Brad McMillan, Commonwealth’s CIO, provides an update on the coronavirus pandemic, including the economic and market implications. The virus remains under control, with the case growth rate at about 1 percent per day and daily case growth at about 20,000 per day. But while we didn’t see any signs of a national wave of second infections, it was a different story at the local level. Infection rates started to tick up in some states, which is something we need to keep an eye on.

Read more

Market Update for the Month Ending May 31, 2020

Markets continue to recover in May

Read more

Should You Save for Retirement or for a Child’s College Education?

For parents, deciding how much to save for retirement versus what to set aside for a child’s education can be a difficult balancing act. Saving for your future should be a priority, particularly through maximizing the benefits of retirement plans. But, although paying yourself first is essential, that doesn’t mean you can’t set funds aside to further a child’s education. A college savings plan is a tax-advantaged way to achieve this goal. The following information is intended to help you understand how these savings vehicles can help you meet the present and future needs of your family.

Read more