Category Archives: Weekly Financial News

Where Are The New Homes?

Posted on March 24, 2016 by Popular Economics Weekly

The Mortgage Corner Sales of newly built, single-family homes rose 2 percent in February from an upwardly revised January reading to a seasonally adjusted annual rate of 512,000 units, according to newly released data by the U.S. Department of Housing … Continue reading →

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Why Is the Fed Waiting For Inflation?

Posted on March 22, 2016 by Popular Economics Weekly

Popular Economics Weekly The Federal Reserve should stick with a “wait-and-see monetary response” absent more evidence of sustainable inflation gripping the U.S. economy, Chicago Fed President Charles Evans said Tuesday. That seems to be Fed Chairwoman Yellen’s response to current … Continue reading →

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Existing-Home Sales Fall, Inflation Too Tame

Posted on March 21, 2016 by Popular Economics Weekly

The Mortgage Corner After increasing to the highest annual rate in six months, existing-home sales tumbled in February amidst very low supply levels and robust price growth in several sections of the country, according to the National Association of Realtors. … Continue reading →

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Job Openings Still At Record Level

Posted on March 18, 2016 by Popular Economics Weekly

Popular Economics Weekly The number of job openings rose to 5.5 million on the last business day of January, the U.S. Bureau of Labor Statistics reported today. It is just below the record high set in July 2015. Hires declined … Continue reading →

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Builder Sentiment Holds, Housing Starts Booming

Posted on March 16, 2016 by Popular Economics Weekly

The Mortgage Corner Builder confidence in the market for newly-built single-family homes was unchanged in March at a level of 58 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).“Confidence levels are hovering above the 50-point mid-range, … Continue reading →

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We Need More Productive Investment

Posted on March 15, 2016 by Popular Economics Weekly

Financial FAQs Consumers’ financial health has substantially improved in 2015, according to the Fed’s 2015 Q4 Flow of Funds report, plus, their real wages are rising because of lower inflation. And since consumer income drives aggregate demand—the overall demand for … Continue reading →

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Consumer Finances Much Healthier

Posted on March 11, 2016 by Popular Economics Weekly

Financial FAQs Consumers’ financial health has substantially improved in 2015, and their net worth has now surpassed that of pre-recession 2006, according to the Fed’s 2015 Q4 Flow of Funds report. That is the main reason economic growth prospects have … Continue reading →

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Who Will Trump Trump’s Ambitions?

Posted on March 10, 2016 by Popular Economics Weekly

Popular Economics Weekly Thomas Friedman seems to believe the Donald has sewed up a majority of the Republican Primary delegates and will be a formidable foe for Hillary, assuming she is the Democrat’s candidate. But chances are his past will … Continue reading →

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Job Market Grows Stronger

Posted on March 4, 2016 by Popular Economics Weekly

Popular Economics Weekly Americans are going back to work, though mostly in lower paying jobs at the moment. That’s why those states and cities raising their minimum wage rate are so important for growth. The U.S. added 242,000 new jobs … Continue reading →

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Fannie-Freddie Debacle Continues

Posted on March 3, 2016 by Popular Economics Weekly

The Mortgage Corner We are already seeing the results of Obama Administration attempts to kill Fannie Mae and Freddie Mac, the Government Sponsored Entities that guarantee more than 60 percent of all mortgages originated in the U.S. housing market these … Continue reading →

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