Category Archives: Weekly Financial News

Home Equity Increasing

Posted on December 17, 2013 by Popular Economics Weekly

The Mortgage Corner CoreLogic, a real estate analytics firm, today released new analysis showing approximately 791,000 more residential properties returned to a state of positive equity during the third quarter of 2013, and the total number of mortgaged residential properties … Continue reading →

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The Great Divergence

Posted on December 16, 2013 by Popular Economics Weekly

Popular Economics Weekly The so-called “minimalist” budget deal just reached by Congress is another illustration of the great divergence in wealth distribution of recent years that has eclipsed the middle class. The Great Divergence is not a term usually associated … Continue reading →

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Affordable Housing In Decline

Posted on December 11, 2013 by Popular Economics Weekly

The Mortgage Corner The Harvard Joint Center for Housing Studies has just come out with their rental market report, and it shows very little low rent housing available, due mainly to both increased household formation and those who have lost … Continue reading →

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November’s 203,000 Payroll Jobs Not Enough

Posted on December 6, 2013 by Popular Economics Weekly

Popular Economics Weekly The U.S. Bureau of Labor Statistics reported today unemployment declined from 7.3 percent to 7.0 percent in November, and total nonfarm payroll employment rose by 203,000. But that shouldn’t be enough good news for the Federal Reserve … Continue reading →

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New-Home Sales Soaring

Posted on December 4, 2013 by Popular Economics Weekly

The Mortgage Corner There aren’t enough new homes being built, apparently, as new U.S. homes sold at an annual rate of 444,000 in October, up 25.4 percent from 354,000 in September, the U.S. Census Bureau said Wednesday. And the inventory … Continue reading →

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Conforming Loan Limits Won’t Decline in 2014

Posted on November 28, 2013 by Popular Economics Weekly

The Mortgage Corner The Federal Housing Finance Agency has just announced it is keeping conforming loan limits at the same level in 2014 for most areas in the country. Fannie Mae and Freddie Mac can guarantee mortgages up to $417,000 … Continue reading →

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What Should We Be Thankful For?

Posted on November 26, 2013 by Popular Economics Weekly

Financial FAQs There is still much we can be thankful for this Thanksgiving, in spite of tax raises and government spending cuts that affect mostly the poorest—whether it’s less food stamps, early child care, environmental protection, and maybe even fewer … Continue reading →

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Equality Is Good For Everyone!

Posted on November 21, 2013 by Popular Economics Weekly

Popular Economics Weekly It looks like some states are beginning to take the equality issue seriously again. Massachusetts just raised their minimum wage to $10 per hour, California is raising it to $8.25 over 2 years, with New Jersey and … Continue reading →

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Is Builder Optimism, New Home Construction Faltering?

Posted on November 19, 2013 by Popular Economics Weekly

The Mortgage Corner Will new-home construction falter, now that interest rates are rising and consumers remain unsettled over Washington’s political gridlock that prevents any legislation being passed that would aid economic growth? Builder confidence in the market for newly built, … Continue reading →

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Why Do We Have Two Countries?”

Posted on November 14, 2013 by Popular Economics Weekly

Popular Economics Weekly   Former CIA assistant director Mike Morell lamented on a recent CBS 60 Minutes that he didn’t understand why congressional Democrats and Republicans couldn’t work together to boost economic growth for “the good of the country” when … Continue reading →

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