Tag Archives: Federal Reserve

Fed Rate Hike Could Hurt Employment

Financial FAQs Fed Chair Janet Yellen all but confirmed the Fed was ready to raise interest rates in December. She laid out a case for raising interest rates in a speech on Wednesday at the Economic Club in Washington. “Ongoing … Continue reading

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Oct. Pending and New-Home Sales Still Rising

The Mortgage Corner Both new and existing-home sales are still thriving, given that conforming fixed rates are still at almost historic lows, in spite of a looming Fed interest rate hike. Why? It’s mainly investors worried about worldwide growth that … Continue reading

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When Is Faster Growth Coming?

Popular Economics Weekly Where is the promised growth, with almost full employment? GDP growth was revised up from 1.5 to 2.1 percent Q2 to Q3, and is up 2.2 percent annually? When, if ever, will it return to the historical … Continue reading

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Home Ownership Rate Increases, Thanks to Millennials

The Mortgage Corner The Commerce Department just reported that homeownership rate rose to 63.7 percent in the third quarter, from 63.4 percent in the second quarter, reports the National Association of Realtors. That is still well below the high of … Continue reading

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Which Are Fastest Growing States?

Popular Economics Weekly A very interesting report by the Philadelphia Fed is just out that surveys economic growth in all 50 states. And the report shows excellent growth continuing in most of the country as of September. The Federal Reserve … Continue reading

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Pending Sales, Housing Construction Are Healthy

The Mortgage Corner Most of the Federal Reserve Governors have announced they don’t support raising interest rates until sometime next, year, and only if worldwide economic growth picks up. Why? The US Dollar is so strong that it’s hurting exports, … Continue reading

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Why the Q3 Slowdown Predictions?

Financial FAQs The International Monetary Fund and the Federal Reserve have downgraded their estimates of growth in upcoming quarters. The IMF takes the worldwide view, with particular weakness in the emerging markets of Brazil, Nigeria, South Africa and Russia., and … Continue reading

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When Will Fed Raise Interest Rates?

The Mortgage Corner It has been puzzling many major economists, including Nobelist Paul Krugman, Obama advisor Larry Summers, and Minneapolis Fed Chair Narayan Kacherlakota, why Janet Yellen’s Fed is still talking about raising interest rates when current inflation numbers are … Continue reading

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Q2 Economic Growth Gangbusters, But Q3?

Popular Economics Weekly In spite of all those predictions that GDP growth would exceed 3 percent for the rest of the year and into 2016, the latest factory orders and inflation indicators show a slowdown in Q3 from Q2’s gangbusters … Continue reading

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Don’t Count On Inflation Moving Federal Reserve

Popular Economics Weekly The Federal Reserve didn’t raise interest rates today at the close of their FOMC meeting. In fact the 9-1 vote against raising rates wasn’t even close. So don’t count on inflation to save the day for the … Continue reading

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