Author Archives: Popular Economics Weekly

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About Popular Economics Weekly

Harlan Green is editor/publisher of PopularEconomics.com, and content provider of 3 weekly columns to various blogs--Popular Economics Weekly, Financial FAQs and the Mortgage Corner.

Existing-Home Sales On Rise Again

Posted on July 23, 2014 by Popular Economics Weekly

The Mortgage Corner The NAR just reported total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, climbed 2.6 percent to a seasonally adjusted annual rate of 5.04 million in June from an upwardly-revised 4.91 … Continue reading →

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Don’t Forget the Consumer!

Posted on July 22, 2014 by Popular Economics Weekly

Popular Economics Weekly “It’s the Consumers, Stupid,” is an oft-repeated mantra being echoed currently by Internet advocates who want to keep Internet access free. But there’s a more important reason to worry about consumer health. Consumers are still way too … Continue reading →

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Why Such Low Interest Rates?

Posted on July 17, 2014 by Popular Economics Weekly

The Mortgage Corner Fixed 30-year conforming interest rates have once again dropped slightly below 4 percent for a 1 pt. origination fee in California, after being as high as 4.50 percent earlier this year. Why the drop when most economic … Continue reading →

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Don’t Forget the Millennials!

Posted on July 17, 2014 by Popular Economics Weekly

Popular Economics Weekly Fed Chair Janet Yellen’s current congressional testimony is saying the Fed could keep rates low for a long time to come. Why? Because unemployment is still too high, and economic growth too slow at present. The CBO … Continue reading →

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Economic Recovery Is For Real

Posted on July 15, 2014 by Popular Economics Weekly

Popular Economics Weekly We are already in July, and can now see that the US economic recovery is for real, in spite of the past winter. Even economic growth is picking up, so that second quarter Gross Domestic Product might … Continue reading →

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Where is Housing Affordable?

Posted on July 14, 2014 by Popular Economics Weekly

The Mortgage Corner Why aren’t there more home buyers? It seems that housing can’t really recover until household incomes recover, and household incomes are barely keeping up with inflation at the moment. We also know that can’t happen until we … Continue reading →

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We Need Some Inflation!

Posted on July 8, 2014 by Popular Economics Weekly

Financial FAQs How much inflation is too much inflation? Germany thinks any inflation is too much, based on their 1920s inflation experience when burning money for fuel was cheaper than burning wood. It has led to the EU’s draconian austerity … Continue reading →

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What is Yellen’s Real Unemployment Rate?

Posted on July 3, 2014 by Popular Economics Weekly

Financial FAQs Fed Chairwoman Janet Yellen spoke with IMF President Christine Lagard at an epoch-making conference yesterday. It was epoch-making (with luminaries such a ex-Fed Chair Paul Volcker in attendance), because Ms. Yellen told us which unemployment rate she and … Continue reading →

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Why Slow Recovery–It’s Housing, Stupid

Posted on July 2, 2014 by Popular Economics Weekly

Popular Economics Weekly Dean Baker, a noted economist with the Center for Economic Policy and Research (NEPR), has probably given the best and most understandable reason for the Great Recession and ultra-slow recovery—it’s the lousy housing market.  The economy is … Continue reading →

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Pending Home Sales Up—A Better 2014?

Posted on July 1, 2014 by Popular Economics Weekly

The Mortgage Corner Is the housing market finally beginning to thaw from the polar winter? Pending home sales rose sharply in May, with lower mortgage rates and increased inventory accelerating the market, according to the National Association of Realtors’ Pending … Continue reading →

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