It’s time for your weekly look at what’s happening with rate movement, the economy, and the housing market. Watch to the end for a quick smile. The Economy Economic growth in the 4th quarter was better than anticipated. Gross domestic product increased 2.6%, much higher than the 2.2% expectation. Fed Chair Jerome Powell gave semi-annual testimony Read more about Weekly What’s Happening – February 28, 2019[…]
It’s time for your weekly look at what’s happening with rate movement, the economy, and the housing market. Watch to the end for a quick smile. The Economy The unsecured personal loan market hit an all-time high last year, reaching $138 billion. A rise in lending from fintech firms is helping to fuel the borrowing frenzy. Read more about Weekly What’s Happening – February 21, 2019[…]
It’s time for your weekly look at what’s happening with rate movement, the economy, and the housing market. Watch to the end for a quick smile. The Economy Producer prices fell for a 2nd straight month in January, leading to the smallest annual increase in 1-1/2 years. Low or absent inflationary pressure is good for interest Read more about Weekly What’s Happening – February 14, 2019[…]
It’s time for your weekly look at what’s happening with rate movement, the economy, and the housing market. Watch to the end for a quick smile. The Economy Mortgage rates have shown more volatility from day-to-day recently. Overall, rates have hovered at recent lows. The rate of retail sales growth is expected to slow in 2019 Read more about Weekly What’s Happening – February 7, 2019[…]
It’s time for your weekly look at what’s happening with rate movement, the economy, and the housing market. Watch to the end for a quick smile. The Economy Consumer confidence was down this month, likely affected by the government shutdown. Still, consumer spirits remain robust by historic standards. The Fed leeft policy rates unchanged at this Read more about Weekly What’s Happening – January 31, 2019[…]
It’s time for your weekly look at what’s happening with rate movement, the economy, and the housing market. Watch to the end for a quick smile. Rate Environment Mortgages are holding out in the middle range, but the great news is that rate volatility is low. The Economy The government shutdown continues to impact markets, with Read more about Weekly What’s Happening – January 24, 2019[…]
Hello, All! We have been getting a lot of questions lately regarding the Government shut down and how it may impact mortgage closings, so we want to get a Q&A piece out to help provide some clarity and hopefully, some peace of mind. Of course, this information is subject to change, but as of Read more about The Government Shut Down and Your Mortgage Options[…]
It’s time for your weekly look at what’s happening with rate movement, the economy, and the housing market. Watch to the end for a quick smile. The Economy The government shutdown, now the longest in U.S. history, hasn’t yet slowed down the economy. It is expected to, however, the longer it continues. Economic data has been affected Read more about Weekly What’s Happening – January 17, 2019[…]
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It’s time for your weekly look at what’s happening with rate movement, the economy, and the housing market. Watch to the end for a quick smile. The Economy The government shut down, in its third week, hasn’t yet shown signs of affecting the economy. However, it has impacted some mortgage programs like USDA. After a dismal Read more about Weekly What’s Happening – January 10, 2019[…]
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