Category Archives: Weekly Financial News

Low Inflation Everywhere Is Shrinking Growth

Posted on February 14, 2015 by Popular Economics Weekly

Popular Economics Weekly Deflation is a rising risk for the U.S. economy based on import and export price data where contraction is at its most severe since the 2008-2009 recession, as well as for the rest of the world. U.S. … Continue reading →

Posted in Consumers, Economy, Macro Economics, Weekly Financial News | Tagged , , , , , | Leave a comment

Mortgage Refinancings Surge in 2015

Posted on February 11, 2015 by Popular Economics Weekly

The Mortgage Corner The still record-low interest rates are making a difference. Refinancings jumped 66 percent in January’s first two weeks, according to the MBA. And borrowers who refinanced during the fourth quarter of 2014 were able to reduce their … Continue reading →

Posted in Consumers, Housing, housing market, Weekly Financial News | Tagged , , , , | Leave a comment

The Bernanke-Yellen Led US Recovery

Posted on February 8, 2015 by Popular Economics Weekly

Financial FAQs Friday’s January unemployment report should close the books once and for all on the debate whether austerity cutbacks in government spending (and debt) such as happened in Europe, or pro-active government policies by the U.S. Federal Reserve Banks … Continue reading →

Posted in Economy, Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged , , , , , , , , | Leave a comment

Housing Sales-Construction Continue to Expand

Posted on January 26, 2015 by Popular Economics Weekly

The Mortgage Corner The NAR reports total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 2.4 percent to a seasonally adjusted annual rate of 5.04 million in December from a downwardly-revised 4.92 million … Continue reading →

Posted in Consumers, Economy, Housing, housing market, Politics, Weekly Financial News | Tagged , , , , , , , , | Leave a comment

The Bully Mentality—Part II

Posted on January 23, 2015 by Popular Economics Weekly

Financial FAQs NOAA, the National Oceanic and Atmospheric Administration, just announced 2014 the warmest year in recorded history, and 14 of the last 15 years as the warmest in recorded history. Yet Paul Krugman in his latest NYTimes Oped still … Continue reading →

Posted in Consumers, Economy, Politics, Weekly Financial News | Tagged , , , , , , , , , , , | Leave a comment

Europe on Verge of Recession

Posted on January 21, 2015 by Popular Economics Weekly

Popular Economics Weekly Oil prices are plunging below $50 per barrel, and the European Central Bank is about to announce whether it will begin its own Quantitative Easing program, similar to the Fed’s purchase of government securities that is designed … Continue reading →

Posted in Consumers, Economy, Keynesian economics, Weekly Financial News | Tagged , , , , , , , | Leave a comment

Mortgage Applications Increase Incredible 49 percent in January

Posted on January 18, 2015 by Popular Economics Weekly

The Mortgage Corner Mortgage applications increased 49.1 percent from one week earlier, said the just released Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending January 9, 2015. It was the largest increase since 2008 at the start … Continue reading →

Posted in Consumers, Housing, housing market, Weekly Financial News | Tagged , , , , , | Leave a comment

CFPB Releases Borrower Guidelines

Posted on January 15, 2015 by Popular Economics Weekly

The Mortgage Corner The Consumer Protection Financial Bureau, set up as part of the Dodd-Frank Wall Street and Consumer Protection Act, has just published guidelines for mortgage borrowers to help them get the best possible terms. Knowing mortgage guidelines and … Continue reading →

Posted in Consumers, Housing, housing market, Weekly Financial News | Tagged , , , , , , , , , , , | Leave a comment

December Unemployment Report Sets Record

Posted on January 9, 2015 by Popular Economics Weekly

Financial FAQs Friday’s Labor Dept. nonfarm payrolls report has just set a record for annual job creation. The U.S. added 252,000 new jobs in December to extend the strongest streak of hiring since the mid-1990s, but wages fell and more … Continue reading →

Posted in Economy, Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged , , , , , , , , | Leave a comment

Good Pending Sales, Home Prices in 2015

Posted on January 7, 2015 by Popular Economics Weekly

The Mortgage Corner Pending home sales are rising again. Sales picked up steam in November, to 104.8 from a revised 104.0 in October for a better-than-expected gain of 0.8 percent. It is a sign, along with the Case-Shiller Home Price … Continue reading →

Posted in Consumers, Housing, housing market, Weekly Financial News | Tagged , , , , , , , | Leave a comment