Category Archives: Weekly Financial News

Economic Growth Still Too Slow

Posted on August 14, 2013 by Popular Economics Weekly

Popular Economics Weekly Part of the debate over whether the Fed’s QE3 purchases of securities should end is based on economic growth.  I.e., why isn’t U.S. Gross Domestic Product growing faster than the average annual 2.2 percent rate? Actually, Q1 … Continue reading →

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Why Is QE3 So Important For Housing?

Posted on August 8, 2013 by Popular Economics Weekly

The Mortgage Corner Alas, it does look like the Fed’s Governors are about to slow down the $85 Billion in monthly purchases of Treasury Bonds and Mortgage Backed Securities that have been holding down long term interest rates since last … Continue reading →

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What’s The Fed To Do?

Posted on August 5, 2013 by Popular Economics Weekly

Popular Economics Weekly Why the debate over who should be the next Federal Reserve Chairman? There is a tug of war going on between inflation ‘doves’ and ‘hawks’ within the Fed. The debate is whether inflation is or will be … Continue reading →

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New Home Sales Surging—First-timers Being Priced Out?

Posted on July 24, 2013 by Popular Economics Weekly

Financial FAQs New-home sales are surging, reports the U.S. Census Bureau. But who is buying them with interest rates up 1 percent since Chairman Bernanke made his infamous remark that QE3 bond buying could begin to slow in September? The … Continue reading →

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Inflation Is Not The Problem

Posted on July 23, 2013 by Popular Economics Weekly

Popular Economics Weekly All the talk that QE3 is about to end centers on when the Fed believes inflation will become a problem. Fed Chairman Bernanke doesn’t believe inflation will be a problem, as long as wages aren’t growing. And … Continue reading →

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Are Home Prices Rising Too Fast?

Posted on July 22, 2013 by Popular Economics Weekly

The Mortgage Corner No, they are just catching up to 4 years of weak household formation and even weaker income growth. Home prices have been held down from a combination of government austerity policies and private sector hoarding since the … Continue reading →

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Builder Confidence Soaring

Posted on July 16, 2013 by Popular Economics Weekly

The Mortgage Corner The National Association of Home Builders just announced that home builder confidence soared to the highest level since 2006, the height of the housing bubble.  This can only mean more new-home construction to fill the pent up … Continue reading →

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Shadow Inventory of Bad Loans Still Too High

Posted on July 12, 2013 by Popular Economics Weekly

Financial FAQs The shadow inventory of troubled homes fell to about 2 million in April, down 18 percent from the same period in the prior year, and down 34 percent from a peak of 3 million in early 2010. But … Continue reading →

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No Tapering By Fed This Year

Posted on July 12, 2013 by Popular Economics Weekly

Popular Economics Weekly Fed Chairman Bernanke once more ‘clarified’ his remarks, saying there is no way the Fed will even begin to raise their (short term) interest rates when the unemployment rate falls to 6.5 percent. “There will not be … Continue reading →

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Mortgage Delinquencies Continue Decline

Posted on July 9, 2013 by Popular Economics Weekly

The Mortgage Corner Mortgage delinquencies and foreclosures continue to decline. According to Lender Processing Services (LPS), 6.08 percent of mortgages were delinquent in May, down from 6.21 percent in April, while 3.05 percent of mortgages were in the foreclosure process, … Continue reading →

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