Category Archives: Weekly Financial News

Mortgage Activity Continues To Improve

Posted on February 6, 2013 by Popular Economics Weekly

The Mortgage Corner Increasing mortgage purchase and refinance activity, key forward looking indicators of our housing market, show 2013 should be a great year for housings’ continued recovery. The Mortgage Bankers Association reported its Refinance Index increased 4 percent from … Continue reading →

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Why Shouldn’t the Fed Do More?

Posted on February 4, 2013 by Popular Economics Weekly

Financial FAQs Fourth Quarter Gross Domestic Product growth was a bust. And so cries are rising for the Federal Reserve to do more to promote growth (since Congress and the White House can’t or won’t). Actually the Fed has done … Continue reading →

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Why Are Consumers So Unhappy?

Posted on February 2, 2013 by Popular Economics Weekly

Popular Economics Weekly It shouldn’t be a secret, by now. Consumers are unhappy. And it’s not because we are too busy paying down our debts. It’s really because no one in Washington has been focusing on job creation—at least since … Continue reading →

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Dr. Robert Shiller Says No Housing Boom

Posted on January 29, 2013 by Popular Economics Weekly

The Mortgage Corner Dr. Robert Shiller, Yale Econ Professor, and co-creator of the Case-Shiller Home Price Index, has become very cautious in his latest articles. Don’t expect much in the way of a housing boom in 2013. He isn’t even … Continue reading →

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2013 U.S. Economy Finally In Recovery

Posted on January 25, 2013 by Popular Economics Weekly

Popular Economics Weekly With tax rates returning to more normal levels from the rollback of Bush era tax cuts, and Republicans giving up on denying debt ceiling increases until April that would force more cuts in government spending, there seem … Continue reading →

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Existing-Homes Inventory at Record Lows

Posted on January 22, 2013 by Popular Economics Weekly

The Mortgage Corner The housing market is recovering with the highest sales and price rises since 2007. Only problem is that inventory is also at the lowest level since 2007, with just 4.4 month’s supply of housing on the market. … Continue reading →

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Juicing Employment Is Good

Posted on January 20, 2013 by Popular Economics Weekly

Financial FAQs The subject of juicing is in the air with Lance Armstrong’s confession that he and his cycling teammates injected various stimulants to win races. Yet he told Oprah on her show he didn’t think he was cheating. “Scary, … Continue reading →

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What Budget Problem?

Posted on January 17, 2013 by Popular Economics Weekly

Popular Economics Weekly Does Congress know that our federal budget deficit has been shrinking steadily since 2009, the end of the 18-month Great Recession? Yes, that’s right. A combination of cuts in government spending and very low interest rates on … Continue reading →

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The Hunger Games Are Coming…

Posted on January 15, 2013 by Popular Economics Weekly

Financial FAQs Was the Sandy Hook Elementary School massacre the sign of an apocalyptic future? Or the Aurora Theatre shootings by a cold-blooded killer? The Hunger Games is a riveting portrayal of how the young see the modern world, where … Continue reading →

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Mortgage Quality Highest in Decade

Posted on January 12, 2013 by Popular Economics Weekly

The Mortgage Corner Record low interest rates and low prices, are making housing more affordable than ever. This is also helping lower default rates, as average credit scores have soared, and Debt to Income Ratios used to quality borrowers have … Continue reading →

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