Tag Archives: interest rates

Housing Construction Booming For How Long With a Trade War?

The Mortgage Corner How is it possible the 10-year Treasury yield has fallen back to 2.88 percent, and the 30-year fixed conforming rate is again 4.0 percent for 1 origination point in California? It’s all because the Trump trade wars … Continue reading

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April Housing Sales Slow

The Mortgage Corner Graph: Econoday The above graph says it all. With rising interest rates, housing sales are slowing a bit. Total existing-home sales, https://www.nar.realtor/existing-home-sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, decreased 2.5 percent … Continue reading

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Retail Sales, Consumers Resume Spending Ways For How Long?

Financial FAQs Graph: Econoday “Autos are the big story in March,” said Econoday, “jumping 2.0 percent and finally shaking off the long lull following the replacement surge of September’s hurricanes. Excluding autos, retail sales managed only a 0.2 percent gain … Continue reading

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Retail Sales, Consumers Resume Spending Ways For How Long?

Financial FAQs Graph: Econoday “Autos are the big story in March,” said Econoday, “jumping 2.0 percent and finally shaking off the long lull following the replacement surge of September’s hurricanes. Excluding autos, retail sales managed only a 0.2 percent gain … Continue reading

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Q4 GDP Growth Up 2.9% Q/Q

Financial FAQs Graph: Econoday Fourth quarter Gross Domestic Product, the total value of the country’s production of purchases of domestically-produced goods and services by individuals, businesses, foreigners and government entities, rose to 2.9 percent from 2.6 percent in its third … Continue reading

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Housing Sales, Leading Growth Indicator, Higher

The Mortgage Corner Higher new and existing-home sales, and continued economic growth are the reason the Fed raised their overnight rate into a range between 1.5 to 1.75 percent on Wednesday. Even with consistently low inventory levels and faster price … Continue reading

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Where is the Inflation, Higher Growth?

Financial FAQs The drumbeat for a higher inflation target is picking up. The Chicago Fed’s Charles Evans recently advocated a less hawkish Fed stanch on maintaining the 2 percent inflation target with few signs of inflation even on the horizon. … Continue reading

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Where is Inflation, and Higher Growth?

Financial FAQs The drumbeat for a higher inflation target is picking up. The Chicago Fed’s Charles Evans recently advocated a less hawkish Fed stanch on maintaining the 2 percent inflation target with few signs of inflation even on the horizon. … Continue reading

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The Dangerous Treasury Yield Curve

Popular Economics Weekly New Federal Reserve Chairman Jerome Powell has maintained that the Fed is on track to raise their short term interest rates at least 3 times this year. Why? It sees higher inflation down the road because of … Continue reading

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Where Have All the Profits Gone?

Popular Economics Weekly I first wrote about the reasons for the huge stock selloff in early February when the DOW plunged more than 1,000 points in one day. It seems to be repeating itself this week, with the DOW losing … Continue reading

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