Rodeo Realty

January 12, 2024

Mortgage Rate Update | January 12, 2024

Mortgage rates – Every Thursday Freddie Mac publishes interest rates based on a survey of mortgage lenders throughout the week. The Freddie Mac Primary Mortgage Survey reported that mortgage rates for the most popular loan products as of January 11, 2024, were as follows: The 30-year fixed mortgage rate was 6.66%, up slightly from 6.62% last week. The 15-year fixed was 5.87%, down slightly from 5.89% last week.

The graph below shows the trajectory of mortgage rates over the past year.

Freddie Mac was chartered by Congress in 1970 to keep money flowing to mortgage lenders in support of homeownership and rental housing. Their mandate is to provide liquidity, stability, and affordability to the U.S

January 11, 2024January 11, 2024

From CES to Benz AI and More! | Tech News

Stay connected in the world of technology and media! From CES to Benz AI and more, we have you covered with the latest news. Read on for what’s happening across the World Wide Web!

Introducing the Rabbit R1, a cutting-edge AI device designed to operate your apps on your behalf

Jesse Lyu, CEO and founder of AI startup Rabbit has introduced the R1, a $199 standalone AI device with ambitious goals. While Lyu doesn’t aim to replace smartphones immediately, he envisions the R1 eventually taking their place. The R1 features a 2.88-inch touchscreen, a rotating camera, and a built-in assistant. Powered by Rabbit OS, the device acts as a universal controller for apps, aiming to provide a seamless experience across various platforms and devices. The initial run of 10,000 R1 units has already sold out, with pre-orders available for a second shipment in the spring.

VinFast unveils a midsize truck and a compact electric utility vehicle (EV) at CES

Vietnamese automaker VinFast showcased its ambitions for the US electric vehicle (EV) market at CES in Las Vegas with the unveiling of a midsize pickup truck and a compact utility EV called the VF3. The company hopes these vehicles will cater to American preferences for trucks and affordable crossovers, potentially gaining a foothold in the US market. However, VinFast has faced challenges in its initial entry into the US market, with its first global vehicle, the VF8, receiving poor reviews. The company, founded in 2017, has received substantial financial support from its founder, Pham Nhat Vuong, and plans to build factories in the US, India, and Indonesia. Despite obstacles, VinFast is determined to establish itself as a contender in the EV market.

Jackery showcases its rooftop tent that doubles as a robust solar generator at CES

Jackery has introduced a rooftop tent concept that functions as a powerful solar generator, allowing cars to go off the grid for extended periods. While currently a concept showcased at CES, Jackery plans to put it into production by the end of 2024. The tent features retractable solar panels that can produce up to 1000W when the car is parked and the tent is open. It’s designed to maximize power generation by filling the entire roof with solar cells, neatly integrating the wiring for the Jackery power station. The tent includes a 1.26kWh E1000 Plus power station, offering various AC output options, and can be charged while driving or from a wall jack. The production version will feature a 400W central panel and a removable, sleekly designed power station. Jackery aims to make expansion kits available and cater to various vehicle sizes, including sedans.

Tesla’s improved 2024 Model 3 is now accessible in the United States

The updated 2024 Tesla Model 3 is now available in North America. This refreshed model features a redesigned front end with improved aerodynamics and new exterior colors. Additionally, it features two available versions: a Long Range AWD model with dual motors and a Rear-Wheel Drive version. The top speed for both versions of the 2024 Model 3 is listed at 125mph, compared to the previous model’s. Tesla highlights upgrades such as acoustic glass for a quieter cabin and improved suspension. Other additions include enhanced interior materials, ventilated seats, customizable ambient lighting, a brighter center touchscreen, and an upgraded sound system with up to 17 speakers.

Mercedes-Benz’s top-notch voice assistant is receiving an AI enhancement

Mercedes-Benz is enhancing its in-car voice assistant, MBUX Virtual Assistant. Generative AI will be added to create a more human-like and personalized interface for drivers. The next-generation MB.OS operating system will power this AI-driven assistant. Likewise, this enables predictive behavior such as playing morning news or joining a meeting based on the driver’s schedule. While Mercedes already has voice-command capabilities, generative AI aims to make interactions more natural and reduce false positives. The upgraded assistant will rely on large-language models (LLMs) for natural dialogue. In addition, it will offer customization options, including tone and speaking style. Mercedes has not disclosed the specific AI technology provider it is working with. Other automakers like Volkswagen, BMW, and Hyundai are also enhancing in-car voice assistants with LLMs.

January 11, 2024January 11, 2024

Weekend Events | January 12 – January 14

The weekend has arrived with a range of local fun happening January 12 through January 14. Explore what’s happening in your neighborhood this MLK weekend with this week’s blog. From pop-ups to parades and more, there is plenty to do around town!

LOS ANGELES WEEKEND EVENTS | JANUARY 12 – JANUARY 14

Luna Luna: Forgotten Fantasy

When: Through Spring 2024

Where: Boyle Heights

What: In the summer of 1987, Germany hosted a unique carnival where traditional rides were embellished with art from Salvador Dalí, Jean-Michel Basquiat, Keith Haring, David Hockney, Sonia Delaunay, and many others. After that summer, this distinctive carnival disappeared, tucked away in storage for years. Recently, however, Luna Luna has been resurrected in Los Angeles. Thanks to the efforts of several art world collaborators and Drake, the carnival has been meticulously restored and reassembled. It is now open for visitors in a Boyle Heights soundstage until the spring of 2024.

Batman 1989 35th Anniversary Concert

When: January 13

Where: Hollywood

What: Experience the 1989 classic “Batman” on the large cinema screen accompanied by a live orchestra performing the iconic score composed by Danny Elfman in this event at the Dolby Theatre. Embrace your inner superhero and feel free to don your favorite superhero costumes for added excitement.

Squid Game: The Trials

When: Until January 31, 2024

Where: Fairfax District

What: This real-life version of Squid Game is much safer than its on-screen counterpart, offering a chance to participate in six challenges drawn from the popular Netflix show. Over a 70-minute period, participants can accumulate points through various games, overseen by a character resembling the Front Man from the series. These games are adaptations of classic childhood favorites, including unique versions of marbles, Battleship, and Operation, along with direct adaptations from the series like Red Light, Green Light.

WESTSIDE & BEACH COMMUNITIES WEEKEND EVENTS | JANUARY 12 – JANUARY 14

The Mean Girls Experience L.A.

When: January 12 – April 21, 2024

Where: Santa Monica

What: Get ready to immerse yourself in a Mean Girls-inspired adventure in Santa Monica where you might just hear some “you can’t sit with us!” exclamations. With each ticket, you’ll enjoy a meal consisting of an entree and side (such as the “Stab” Caesar salad and cheese fries) in a cafeteria-style atmosphere. Additionally, you’ll have access to the Cool Mom Bar and numerous photo opportunities, including Regina’s bedroom mirror, the Burn Book, and the talent show stage. Located at 2020 Wilshire Boulevard in Santa Monica, it’s the ultimate Mean Girls experience!

This Light of Ours: Activist Photographers from the Civil Rights Movement

When: Until February 25

Where: Westside

What: Discover over 150 impactful black-and-white photographs captured by nine photographers at Skirball’s civil rights movement exhibition. This collection showcases a blend of daily life scenes, protest moments, and influential figures like Dr. Martin Luther King, Jr. The exhibition highlights not only the subjects in front of the camera but also the activist photographers behind the lens.

The Dr. Seuss Experience

When: Until Janaury 31

Where: Santa Monica

What: Immerse yourself in the whimsical universe of Wockets and Truffula Trees at The Dr. Seuss Experience, an interactive adventure inspired by the beloved books of Dr. Seuss. This enchanting experience brings to life the vivid characters and landscapes from classics like The Cat in the Hat and The Lorax. Guests can explore a series of rooms, each offering unique interactions with characters and perfect photo opportunities. At the heart of this pop-up lies a mirror maze, inspired by The Sneetches, providing a captivating challenge. Catch this touring show at Santa Monica Place starting in November 2023 for a magical journey through the world of Dr. Seuss.

SAN FERNANDO VALLEY WEEKEND EVENTS | JANUARY 12 – JANUARY 14

The Piano Says It Better

When: January 13

Where: The Colony Theater | Burbank

What: Introducing “The Piano Says It Better” – a mesmerizing one-man-piano show by David Snyder, the young pianist who captured hearts on America’s Got Talent, opened for Snoop Dogg, amassed a devoted following on TikTok, has composed for TV and Film, and accumulated over 6 million streams on his piano music.

Shaping Gravity: Abstract Art Beyond the Picture Plane

When: Until March 10

Where: Glendale

What: Experience the vibrant interpretations of abstraction by seven artists at this complimentary exhibit at the Forest Lawn Museum. Explore diverse artworks ranging from sculptures and paintings to augmented reality pieces and interactive video projections. Featured artists include Jen Stark, Molly Larkey, Shane Guffogg, Michelle Jane Lee, Christine Nguyen, Rema Ghuloum, and Sara Ippolito.

VALLEY RELICS MUSEUM EXPERIENCE

When: Every Saturday and Sunday

Where: 16781 Stagg Street Hangar C3 & C4 | Van Nuys

What: Visit the Valley’s beloved Museum of Pop Culture this weekend! The Valley Relics Museum invites you to join them for a day full of nostalgia and fun. Their one-of-a-kind museum.

CONEJO VALLEY WEEKEND EVENTS | JANUARY 12 – JANUARY 14

SAMO Fund Hosts Urban Forest Planning Workshop

When: January 13, 9:00am – 11:30am

Where: 29900 Ladyface Ct, Agoura Hills, CA 91301

What: Santa Monica Mountains Fund is partnering with both the County Chief Sustainability Office and the City of Los Angeles to engage the local community in the development of Urban Forest Management Plans. These plans will guide future decisions about urban forests.

Native Plant Fest

When: January 13, 11am – 4pm

Where: 800 Hobson Way, Oxnard, CA 93030

What: A community celebration for our love of all things plants! Native Plant Fest brings together our community to celebrate and showcase local plant-inspired culture, food, traditions, and creativity! This festival is community-led by plant enthusiasts of diverse backgrounds who will share their plants, services, artwork, culinary creations, products, educational resources, and much more!

Ventura County’s Annual Martin Luther King, Jr. Day Program Celebration

When: January 15, 9am – 10am

Where: 800 Hobson Way, Oxnard, CA 93030, USA (map)

What: The 38th Annual Ventura County Martin Luther King, Jr. Celebration is Monday, January 15, 2024. The event starts at 8 a.m. with a gathering at Plaza Park, 500 South C Street in Downtown Oxnard, followed by a “Freedom March” to the Oxnard Performing Arts Center. Tickets can be purchased at the door or online.

January 11, 2024January 11, 2024

Eats of the Week – January 12 | L.A. Eats

Take a bite out of this week’s restaurant round-up! From Beverly Hills to Conejo Valley, we’re sharing our favorite eateries of the week through January 12. Read on for a grand selection of options to dine at!

Los Angeles | Week of January 12

Highly Likely

Location: 5526 North Figueroa Street, Los Angeles, California 90042

Highly Likely, located in Highland Park, boasts a cozy and stylish interior, but the real star is its captivating patio. This popular outdoor space, known for filling up quickly, includes an outdoor bar serving frozen daiquiris on weekends and a cocktail menu available at all other times. While the daytime menu mirrors that of the original West Adams restaurant, the evening offerings crafted by partner and chef Kat are entirely new and exciting. Appetizers tempt with delights like yuzu deviled eggs and chicken liver mousse, while Turner’s childhood memories inspire Midwest comforts such as fettuccine Alfredo, fried chicken schnitzel, and steak au poivre.

Jemma Hollywood

Location: 1717 Vine Street, Los Angeles, California 90028
Los Angeles is currently experiencing a genuine red sauce renaissance, and Jemma Hollywood is positioned as one of its prominent contenders. Despite its placement amidst the bustling Walk of Fame, Jemma excels in terms of its cuisine, atmosphere, and central location. Chef Jackson Kalb’s Italian-American menu features timeless favorites like crispy calamari and rigatoni with vodka sauce, as well as delightful surprises such as a Chicago-style hot beef sandwich and even a barbecue chicken pizza. Be sure to leave space for the delectable cannoli and tiramisu desserts.

Ètra

Location: 737 North Western Avenue, Los Angeles, California 90029

Ètra, an Italian eatery founded by Chef Evan Algorri, General Manager Andrew Lawson, and Real Estate Developer Tyler Stonebreaker, brings a personalized and refined approach to both its cuisine and service. The dishes served at Ètra are a reflection of Chef Algorri’s culinary upbringing. The initial menu comprises six pasta dishes, shareable protein options, and seasonal plates like seafood crudo and imported Italian burrata. General Manager Lawson curates a wine list with a focus on French and Italian varietals that emphasize minimal intervention winemaking techniques.

Westside & Beach Communities | Week of January 12

Si! Mon

Location: 60 North Venice Boulevard, Venice, California 90291

Celebrated chef José Olmedo Carles Rojas, known for his highly praised Lo Que Hay restaurant in Panama City, has opened his first U.S. restaurant in Venice. Named Si! Mon, the eatery offers a menu of shareable dishes featuring “elevated street food.” Standout items include Carles’s renowned yuca tostadas, fried chicken drumsticks, and Panamanian-style dumplings.

Sushi Note Omakase

Location: 421 North Rodeo Drive, Beverly Hills, California 90210

Tucked inside a Rodeo Drive parking garage, the newly opened Sushi Note Omakase offers an exquisite selection of nigiri for just under $200 per person. Mirroring its original Sherman Oaks venue, the restaurant also recommends wine pairings, starting at $150.

Amour

Location: 8715 Beverly Boulevard, West Hollywood, California 90048

The historic Dominick’s location, which served West Hollywood for 67 years and briefly transformed into a modern Mexican restaurant owned by Joe Jonas, has now reopened as “Amour,” a venture by nightlife impresario Thomas Fuks, known for revitalizing the former Dar Maghreb/Acabar in Hollywood. Amour exudes a seductive Parisian bistro ambiance, evident in its diverse settings, from the lush garden patio to the candlelit dining room adorned with intricate wallpaper, vintage sconces, and rich green accents. With a background at El Bullí, Chef Dany Bello-Chavez prepares Japanese-influenced French cuisine, featuring dishes like steak au poivre, chawanmushi, and exquisitely presented lobster ravioli, mirroring the restaurant’s stylish aesthetic.

San Fernando Valley | Week of January 12

Spina

Location: 3193 Glendale Boulevard, Los Angeles, California 90039

Spina, an Italian term with various meanings including thorn, plug, and draft beverage, introduces a rich array of pasta dishes by Chef Pablo Cruz to Atwater Village. Its opening menu boasts classics like cacio e pepe, ricotta-stuffed ravioli with butter and sage, and lobster linguine in tomato sauce. Complementing these are antipasti options such as meatballs in tomato sauce, fried calamari, and burrata with prosciutto. For heartier appetites, larger secondi offerings include grilled salmon, prime ribeye steak, and tomahawk pork chop. The carefully selected all-Italian wine list offers eight choices by the glass and an extensive selection by the bottle, along with a $12 spritz.

Asanebo

Location: 11941 Ventura Blvd | Studio City

Asanebo is a must-visit dining destination in SFV, offering exceptional dishes crafted by the renowned sushi chef Tetsuya Nakao. You can’t go wrong with their lunch or dinner selection – we highly recommend indulging yourself in an unforgettable culinary experience: try the halibut yuzu and toro carpaccio for starters!

Petit Trois

Location: 13705 Ventura Blvd, Sherman Oaks, CA 91423

Experience the Parisian flair of Petit Trois and indulge in classic French cuisine right here in Sherman Oaks. Delight your taste buds with all-day options such as Brittany Wild Sole Meunière and Big Mec. The latter is a creative spin on the beloved American favorite. Visit Chef Ludo’s cozy bistro for breakfast, lunch, or dinner – you won’t regret it!

Conejo Valley | Week of January 12

Dong Ting Spring

Location: Newbury Park

Dong Ting Spring offers authentic Hunan cuisine to the area, serving as the second branch of Dong Ting Chun in Newbury Park. Although the extensive menu may seem overwhelming initially, it’s recommended to explore the Hunanese section that features dishes such as braised pork belly with preserved vegetables, lamb in golden soup, and the more daring mashed eggplant with century egg.

Sage Vegan Bistro

Location: 5046 Cornell Rd | Agoura Hills

Ready to tantalize your taste buds? Sage Vegan, located in Agoura Hills, is the perfect spot for vegan bites. The menu offers breakfast, lunch, and dinner—all crafted with creativity! We recommend the Bowl of Soul or Festival Burrito – both unique treats that will delight any palate.

Paul Martin’s American Grill

Location: 100 South Westlake Blvd. | Westlake Village

Paul Martin’s American Grill in Westlake Village takes classic American cuisine and elevates it to something special. There are many choices, from unforgettable entree such as Cedar Plank Salmon or a flavorful Blackened Ribeye. This restaurant is sure to satisfy your cravings with its unique menu offerings.

January 10, 2024January 10, 2024

The Art Connoisseur’s Guide to SoCal | Out & About

January in Southern California is not just about sunny skies and pleasant weather; it’s a hidden gem for art enthusiasts. The region, known for its cultural diversity and artistic vibrancy, offers an array of exclusive exhibits, high-end galleries, and private events. This guide will take you through some of the must-visit art destinations and events in Southern California this January.

A Journey Through Elite Art Exhibitions

January is a time when many galleries unveil new exhibitions. The Los Angeles County Museum of Art (LACMA), for example, often features contemporary artists with groundbreaking installations. This January, LACMA is hosting an exclusive exhibition of modernist art, showcasing works that redefine the boundaries of the genre. The exhibit includes rare pieces loaned from private collections, offering a unique opportunity to view works not typically available to the public.

Similarly, The Broad in downtown Los Angeles, known for its post-war and contemporary collections, often introduces new artists in January. This month, they are featuring a special exhibition on contemporary digital art.

Exploring High-End Galleries

Southern California’s high-end galleries are a treasure trove for collectors and enthusiasts. In Beverly Hills, the Gagosian Gallery is a must-visit. Known for representing some of the world’s most acclaimed artists, this January, they feature a solo show of a renowned abstract artist, offering a deep dive into the evolution of abstract art in the 21st century.

In Santa Monica, the Bergamot Station Arts Center offers a collective of galleries, each with its unique flavor. This January, one of the center’s galleries is hosting a retrospective of a prominent Southern Californian painter, known for their vibrant and emotive landscapes.

Exclusive Art Events and Private Viewings

January also brings exclusive events that offer a behind-the-scenes look into the art world. Many galleries and museums in Southern California host private viewings, artist talks, and VIP events. For instance, an invite-only event in a private gallery in Malibu offers a chance to meet with emerging artists. Likewise, you are able to view their works in an intimate setting.

January 9, 2024

Rodeo Realty’s Los Angeles Magazine 2024 Real Estate All-Stars

We are delighted to announce that 33 agents from Rodeo Realty have been recognized as Los Angeles Magazine’s 2024 Real Estate All-Stars. This distinguished recognition is awarded to real estate professionals who have exhibited exceptional sales acumen, securing the highest regional sales volumes for the year. Rodeo Realty takes immense pride in announcing that a total of 29 individual agents and two agent teams have achieved coveted positions on this esteemed list. Congratulations to you all.

This comprehensive roster is featured in Los Angeles Magazine, who commissioned the regional residential sales survey that produced this list. Rodeo Realty extends its sincere compliments to each individual agent and team who earned this distinction, showcasing exemplary dedication, poise, and proficiency within the real estate domain. Your collective achievements have set a new standard for our business.

Carol	Wolfe
Adi	Livyatan
Jordana	Leigh
Jimmy	Heckenberg
Roger	Perry
Ben	Salem
Brandon	Haft
Carmen	Mormino
Casey	Gordon
Dan	Drantch
Dana	Frank
David	Salmanson
Desiree	Zuckerman
James	Respondek
Jenna	Kaye
Jessica	Felix
Loni	Wiener
Lonnie	Mintz
Marly	Tempel
Matthew	Paul
Oren	Ovadia
Poupee	Komenkul
Ron	Maman
Scott	Goshorn
Shane	Nichols
Todd	Jones
Zizi	Pak


Team Marc Tahler / Ken Zietz
Team Peter Maurice / Tregg Rustad

January 9, 2024January 9, 2024

New Year, New Smart Home Features | Home Tips

The dawn of a new year often brings with it the desire for change and improvement, and for luxury homeowners, integrating the latest smart home technology can redefine living spaces. In 2024, the focus is on seamlessly blending technology with comfort, security, and convenience, ensuring your house is not just a place of residence, but a futuristic haven.

Advanced Home Security Solutions

Security is paramount in any luxury home, and modern technology offers some of the most sophisticated systems available. Facial recognition technology, motion sensors, and remote monitoring are now standard in high-end security systems. These technologies offer peace of mind, knowing that your home is protected by the latest advancements in security.

Intelligent Climate Control

Smart thermostats have evolved beyond basic temperature control. Today’s systems learn your preferences and adjust settings to ensure optimal comfort at all times. Imagine your house intuitively knowing when to adjust the heating or cooling, or even the lighting, based on the time of day or the weather outside. This not only enhances comfort but also contributes to energy efficiency.

A Revolution in Kitchen Convenience

The kitchen is often the heart of the home, and in luxury properties, it’s also a hub of innovation. High-tech kitchens in 2024 feature appliances that can be controlled via smartphone, voice-activated assistants, and even AI-driven culinary gadgets. These advancements transform cooking from a chore into a delightful experience, blending convenience with luxury.

Whole-Home Automation

Imagine controlling every aspect of your house from a single device. Lighting, entertainment systems, window treatments, and even irrigation systems can now be controlled through smart home hubs. Integration platforms like Apple HomeKit, Google Home, or Amazon Alexa allow homeowners to manage all these aspects through voice commands or a simple app, making home management effortlessly elegant.

The Rise of Wellness Technology

Luxury abodes now also focus on the wellness of their occupants. Technologies that purify air, control humidity, and even lighting systems designed to regulate circadian rhythms are becoming more prevalent. These features contribute to a living environment that not only looks good but also promotes the health and wellbeing of its residents.

Energy Management Systems

In an era where sustainability is becoming increasingly important, smart energy management systems are essential in luxury homes. These systems monitor and manage energy usage, ensuring that your home is as efficient as it is comfortable. From smart meters to solar panel integrations, these systems help reduce your carbon footprint while keeping your home running smoothly.

In conclusion, the integration of smart technology in luxury abodes is about enhancing the quality of life. The latest trends for 2024 focus on security, comfort, convenience, wellness, and sustainability, ensuring that your home is not just a living space, but a forward-thinking, intelligent environment. By adopting these technologies, you step into a future where your home is a sanctuary of both luxury and innovation.

January 6, 2024January 11, 2024

Economic Update | Week Ending January 6, 2024

Stock markets dropped in the first week of 2024 – After weeks of stock market gains and lower mortgage and bond yields, the year began with a reversal of those trends. This was because hiring picked up in December and wage gains, which have moderated in recent months, increased more than expected. On Thursday, ADP, the world’s largest payroll company, estimated that new jobs in December would be more robust than experts had hoped for. The December jobs report on Friday confirmed that. Lower unemployment and higher wages encourage consumer spending. The more consumers spend, the greater the risk of inflation picking back up. The Consumer Price Index (CPI) for December will be released next week. That will be the first measure of inflation to be released this year. The Dow Jones Industrial Average closed the week at 37,466.11, down 1.4% from 37,689.40 last week. The S&P 500 closed the week at 4,697.24, down 1.5% from 4,769.89 last week. The Nasdaq closed the week at 14,524.07, down 3.2% from 15,011.35 last week.

The December jobs report shows an increase in hiring; The Department of Labor and Statistics reported that 216,000 new full-time jobs were added in December, up from 173,000 in November and exceeding analysts’ expectations of 175,000 new jobs. The unemployment rate remained at 3.7% in December, unchanged from November. Analysts expected the unemployment rate to increase to 3.8%. The Fed is looking to get the unemployment rate to the low to mid 4% range to combat the labor shortage and get wage increases down in order to combat inflation. Average hourly wages increased 4.1% year-over-year, up from a year-over-year increase of 4% in November. Economists expected a 3.9% increase.

U.S. Treasury bond yields – The 10-year treasury bond closed the week yielding 4.05%, up from 3.88% last week. The 30-year treasury bond yield ended the week at 4.21%, up from 4.03% last week. We watch bond yields because mortgage rates follow bond yields.

Mortgage rates – Every Thursday Freddie Mac publishes mortgage interest rates based on a survey of mortgage lenders throughout the week. The Freddie Mac Primary Mortgage Survey reported that mortgage rates for the most popular loan products as of January 4, 2024, were as follows: The 30-year fixed mortgage rate was 6.62%, unchanged from 6.61% last week. The 15-year fixed was 5.89%, down from 5.93% last week. Rates rose on Thursday and Friday after news of the robust hiring in December. The 30-year jumped to near 7% on Friday.

The graph below shows the trajectory of mortgage rates over the past year.

Have a great weekend!

January 5, 2024January 11, 2024

Mortgage Rate Update | January 4, 2024

Mortgage rates were unchanged this week – Every Thursday Freddie Mac publishes a interest rates based on a survey of mortgage lenders throughout the week. The Freddie Mac Primary Mortgage Survey reported that mortgage rates for the most popular loan products as of January 4, 2024, were as follows: The 30-year fixed mortgage rate was 6.62%, unchanged from 6.61% last week. The 15-year fixed was 5.89%, down from 5.93% last week.

The graph below shows the trajectory of mortgage rates over the past year.

January 4, 2024January 4, 2024

From Mickey Mouse in public domain to an XBox Toaster, and More! | Tech News

Jumpstart 2024 with the latest major headlines in the world of tech news! From Mickey Mouse in the public domain to an Xbox Toaster, and more, we have you covered. Read on for our weekly round-up of tech and media news.

Microsoft Introduces Revolutionary Copilot Key

In 2024, Microsoft is introducing the Copilot key, a major update to Windows keyboards, designed to facilitate direct access to the AI-powered Windows Copilot experience. This new key, replacing the menu key and positioned next to the right-hand alt key, will feature on new laptops and PCs from Microsoft’s partners. The initiative is part of Microsoft’s broader strategy to integrate AI into the Windows ecosystem, marking a significant shift towards more intelligent and personalized computing. This includes a planned refresh of Windows with new AI features and enhancements, reinforcing Microsoft’s commitment to an AI-focused future in computing.

The Xbox Series S Toaster Becomes a Reality

The Xbox Series S toaster, initially a meme, has become a reality and is now available at Walmart for $39.99. Resembling the Xbox Series S console, complete with the distinctive black air vent, this toaster boasts practical features like six browning levels, a removable crumb tray, an LED countdown, and a defrost button. Its unique selling point is the ability to toast the Xbox sphere logo onto bread. This release follows other gaming-themed appliances like the Destiny-themed toaster from Bungie and joins the Xbox Series X mini fridge, another meme-turned-product. The concept of Xbox-themed home appliances humorously suggests the potential for an entire range of kitchen and household items catering to Xbox fans.

LG Unveils the Quickest OLED Gaming Monitor to Date

LG Display is showcasing a new 27-inch OLED panel, set to revolutionize high-end gaming monitors with its unprecedented speed. This 1440p display boasts a rapid 0.03ms response time and a remarkable 480Hz refresh rate, making it the fastest OLED display currently available. It outperforms LG’s own 32-inch “Dual-Hz” OLED gaming monitor, which requires a reduction to 1080p resolution to achieve the same 480Hz rate. This advancement positions LG Display to rival Samsung’s display division, which recently introduced a 27-inch gaming monitor with a 360Hz refresh rate and 1440p resolution. LG’s panel also features “META Technology” for enhanced brightness and wider viewing angles, and claims to emit the lowest level of blue light in the industry. This development signals a trend towards more OLED technology in gaming monitors.

LastPass to Implement Mandatory 12-Character Minimum for Master Passwords

LastPass, in response to a significant security breach in 2022, is now enforcing a 12-character minimum for all customer master passwords. Although this length was already the default setting, existing users previously had the option for shorter passwords. This loophole was closed for new customers and password resets last April. Likewise, all users with shorter passwords will need to update them. LastPass is also implementing enhanced security measures for older accounts. Likewise, this includes stricter password hashing standards. This month, LastPass will begin prompting customers to set stronger master passwords. Of course, this highlights the importance of robust security practices for all digital accounts.

Urbanista Expands Solar Headphone Range with New Adaptive Noise Cancellation Models

Urbanista is revamping its solar-charging headphone line with second-generation versions of its headphones and wireless earbuds. These updated models still utilize the Powerfoyle solar charging material. In addition, they now feature adaptive noise cancellation, more power-efficient components, and sleeker designs. Set to be released mid-year, the new Los Angeles will be priced at $179 and the Phoenix at $129. The headphones and earbuds are designed to extend battery life significantly through solar charging. These advancements in solar charging technology are part of a growing trend in the industry.

Steamboat Willie, Starring Mickey Mouse, Enters the Public Domain

Disney notably influenced the extension of copyright duration from 75 to 95 years in 1998. The move became known as the “Mickey Mouse Protection Act.” This act was primarily aimed at preventing Mickey Mouse, one of Disney’s most iconic characters, from entering the public domain. However, as of January 1st, 2024, the earliest iterations of Mickey Mouse, as seen in the 1928 animation “Steamboat Willie” are now in the public domain. This shift allows for greater creative freedom. Despite this milestone, Disney still holds rights over later versions of Mickey Mouse. Following the example set by Winnie the Pooh’s entry into the public domain in 2022, this development is likely to inspire a wave of creative interpretations.