Category Archives: Weekly Financial News

Treasury Yield Curve Too Flat, As Fed’s Raise Interest Rate

Posted on December 13, 2017 by Popular Economics Weekly

Popular Economics Weekly The Federal Reserve FOMC meeting ended with the predicted 0.25 percent rate hike; but it’s happening at the wrong time.  This is the rate that controls credit card interest and the Prime Lending Rate banks use on … Continue reading →

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Another Great Jobs Report

Posted on December 8, 2017 by Popular Economics Weekly

The Mortgage Corner Total nonfarm payroll employment increased by 228,000 in November, and the unemployment rate was unchanged at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in professional and business services, manufacturing, … Continue reading →

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U.S. Taxes Are Not High!

Posted on December 6, 2017 by Popular Economics Weekly

Financial FAQs No, our taxes are not too high, and Americans suffer for it. In fact, the non-partisan Tax Policy Center says U.S. taxes at all levels of government represented 26 percent of GDP, compared with an average of 34 … Continue reading →

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Dear Fed—Please Don’t Raise Interest Rates Again!

Posted on December 5, 2017 by Popular Economics Weekly

Popular Economics Weekly The Federal Reserve FOMC meeting this week is expected to conclude with another 0.25 percent rate hike; but it’s happening at the wrong time.  This is the rate that controls credit card interest and the Prime Lending … Continue reading →

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New 2018 Conforming Loan Limits

Posted on December 2, 2017 by Popular Economics Weekly

The Mortgage Corner There is a huge jump in conforming loan limits for 2018 in line with housing price rises, folks. Here are the new numbers. In line with the Federal Housing Finance Agency (FHFA) announcement yesterday, they are increasing … Continue reading →

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Q3 Economic Growth Jumps to 3.3% (Revised)

Posted on November 30, 2017 by Popular Economics Weekly

Popular Economics Weekly It looks like the U.S. economy is charging ahead for the next few quarters, as Q3 Gross Domestic Product was revised from 3 percent to a 3.3 percent growth rate, due to higher exports and capital expenditures. … Continue reading →

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New-Home Sales at 10-yr High

Posted on November 27, 2017 by Popular Economics Weekly

The Mortgage Corner Sales of new single-family houses in October 2017 were at a seasonally adjusted annual rate of 685,000, according to estimates released jointly today by the U.S. Census Bureau and HUD. This is 6.2 percent (±18.0 percent) above … Continue reading →

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Housing Shortage Continues

Posted on November 22, 2017 by Popular Economics Weekly

The Mortgage Corner Existing-home sales increased in October to their strongest pace since earlier this summer, but continual supply shortages led to fewer closings on an annual basis for the second straight month, according to the National Association of Realtors. … Continue reading →

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Our Housing Supply Is Catching Up (Revised)!

Posted on November 20, 2017 by Popular Economics Weekly

The Mortgage Corner Nationwide housing starts rose 13.7 percent in October to a seasonally adjusted annual rate of 1.29 million units after a slight upward revision to the September reading, according to newly released data from the U.S. Department of … Continue reading →

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Is Our Housing Supply Catching Up?

Posted on November 18, 2017 by Popular Economics Weekly

The Mortgage Corner Nationwide housing starts rose 13.7 percent in October to a seasonally adjusted annual rate of 1.29 million units after a slight upward revision to the September reading, according to newly released data from the U.S. HUD and … Continue reading →

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