Tag Archives: interest rates

Q4 GDP Growth Up 2.9% Q/Q

Posted on April 2, 2018 by Popular Economics Weekly

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

Posted on March 23, 2018 by Popular Economics Weekly

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?

Posted on March 14, 2018 by Popular Economics Weekly

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?

Posted on March 14, 2018 by Popular Economics Weekly

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

Posted on March 5, 2018 by Popular Economics Weekly

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?

Posted on March 2, 2018 by Popular Economics Weekly

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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Lower Inventory = Fewer Home Sales

Posted on February 22, 2018 by Popular Economics Weekly

The Mortgage Corner WASHINGTON (February 21, 2018) — Existing-home sales slumped for the second consecutive month in January and experienced their largest decline on an annual basis in over three years, according to the National Association of Realtors. All major … Continue reading →

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2018 Housing Market To Stay Strong

Posted on February 13, 2018 by Popular Economics Weekly

The Mortgage Corner Total existing-home sales1, https://www.nar.realtor/existing-home-sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 1.1 percent in 2017 to a 5.51 million sales pace and surpassed 2016 (5.45 million) as the highest since 2006 … Continue reading →

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Whither Go 2018 Interest Rates?

Posted on December 28, 2017 by Popular Economics Weekly

Financial FAQs The 10-year benchmark Treasury yield dropped 5.12 points yesterday, the biggest drop in 5 months, according to Marketwatch. It is hovering just above a 2.4 percent yield—which is why one can still obtain a 30-year fixed rate conforming … Continue reading →

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Housing Market Is Booming!

Posted on December 20, 2017 by Popular Economics Weekly

The Mortgage Corner Both new and existing-home sales are highest since the end of the Great Recession, thanks to interest rates that are still at historical lows, and in spite of the Fed’s latest 0.25 percent rate hike. It looks … Continue reading →

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