Tag Archives: interest rates

What Happened to Consumers’ Confidence?

Posted on January 24, 2019 by Popular Economics Weekly

Financial FAQs http://www.sca.isr.umich.edu/ Consumer sentiment declined in early January to its lowest level since Trump was elected, reported the December U. of Michigan sentiment survey. It’s down for a number of reasons—too many reasons, and economists are consequently beginning to … Continue reading →

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Why Falling Home Sales?

Posted on January 22, 2019 by Popular Economics Weekly

The Mortgage Corner Econoday.com Total existing-home sales, https://www.nar.realtor/existing-home-completed transactions that include single-family homes, townhomes, condominiums and co-ops, decreased 6.4 percent from November to a seasonally adjusted rate of 4.99 million in December. Sales are now down 10.3 percent from a … Continue reading →

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Why the Fed’s Obsession With Inflation?

Posted on December 20, 2018 by Popular Economics Weekly

Popular Economics Weekly tradingeconomics.com/FRED The Federal Reserve’s December FOMC statement, said, after increasing their overnight rate another one-quarter percent: “Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. The Committee judges that some further … Continue reading →

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Where Goes the Housing Market?

Posted on December 19, 2018 by Popular Economics Weekly

The Mortgage Corner Calculated Risk WASHINGTON (December 19, 2018) – Existing-home sales increased in November, said the National Association of Realtors®, marking two consecutive months of increases. Three of four major U.S. regions saw gains in sales activity last month. … Continue reading →

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It’s the Third Largest Housing Boom Ever!

Posted on December 11, 2018 by Popular Economics Weekly

The Mortgage Corner fred.stlouisfed.org The 10-year Treasury bond yield has fallen back to 2.86 percent, which is usually recession territory. And the 30-year conforming fixed rate is 4.125 percent again with a 1-point origination fee. This is unheard of in … Continue reading →

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Credit Alert—Interest Rates about to Invert

Posted on December 4, 2018 by Popular Economics Weekly

The Mortgage Corner MarketWatch.com The spread between the 2-year note and the 10-year narrowed 4 basis points to 0.16 percentage point on Monday, its flattest levels since July 2007, according to MarketWatch. The 10-year Treasury yield dropped back below 3 … Continue reading →

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Home Sales Rise for the Holidays

Posted on November 21, 2018 by Popular Economics Weekly

The Mortgage Corner Econoday.com Existing-home sales increased in October after six straight months of decreases, according to the National Association of Realtors. Three of four major U.S. regions saw gains in sales activity last month. Lawrence Yun, NAR’s chief economist, … Continue reading →

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Higher Interest Rates Ahead?

Posted on November 14, 2018 by Popular Economics Weekly

Popular Economics Weekly Econoday.com The benchmark 10-year Treasury Bond Yield that determines mortgage and other long term rates ended at 3.13 percent today from 3.11 percent last week with the continued stock market selloff. It was as high as 3.22 … Continue reading →

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U.S. Wages At 9-Year High

Posted on November 2, 2018 by Popular Economics Weekly

Popular Economics Weekly MarketWatch.com Total nonfarm payroll employment rose by 250,000 in October, and the unemployment rate was unchanged at 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, in manufacturing, in construction, … Continue reading →

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Strong Employment Report Due Tomorrow?

Posted on October 4, 2018 by Popular Economics Weekly

Financial FAQs Graph: Econoday ADP, or Automatic Data Processing, predicts 230,000 private payroll jobs could be created in September per tomorrow’s U.S. unemployment report. The reason is both the manufacturing and non-manufacturing (service) sectors reported strong hiring in their ISM … Continue reading →

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