Tag Archives: interest rates

Dear Fed—Please Don’t Raise Interest Rates Again!

Posted on December 5, 2017 by Popular Economics Weekly

Popular Economics Weekly The Federal Reserve FOMC meeting this week is expected to conclude with another 0.25 percent rate hike; but it’s happening at the wrong time.  This is the rate that controls credit card interest and the Prime Lending … Continue reading →

Posted in Consumers, Economy, Keynesian economics, Politics, Weekly Financial News | Tagged , , , | Leave a comment

Our Housing Supply Is Catching Up (Revised)!

Posted on November 20, 2017 by Popular Economics Weekly

The Mortgage Corner Nationwide housing starts rose 13.7 percent in October to a seasonally adjusted annual rate of 1.29 million units after a slight upward revision to the September reading, according to newly released data from the U.S. Department of … Continue reading →

Posted in Consumers, Housing, housing market, Weekly Financial News | Tagged , , , , | Leave a comment

Is Our Housing Supply Catching Up?

Posted on November 18, 2017 by Popular Economics Weekly

The Mortgage Corner Nationwide housing starts rose 13.7 percent in October to a seasonally adjusted annual rate of 1.29 million units after a slight upward revision to the September reading, according to newly released data from the U.S. HUD and … Continue reading →

Posted in Consumers, Housing, housing market, Weekly Financial News | Tagged , , , , , , | Leave a comment

Where Are the New Homes?

Posted on August 24, 2017 by Popular Economics Weekly

The Mortgage Corner There is a surging demand for new home that builders find hard to meet.  New-home sales fell in July to 571,000 units, though May and June totals were revised upward. That’s because the Census Bureau estimate comes … Continue reading →

Posted in Consumers, Housing, housing market, Weekly Financial News | Tagged , , , , , , | Leave a comment

More Job Openings, Fewer Hirings Mean What?

Posted on August 11, 2017 by Popular Economics Weekly

Popular Economics Weekly The job market continues to fluctuate, as job openings rose sharply in June to 6.163 million from 5.702 million in May. Hires, however, fell sharply, to 5.356 million from 5.459 million. This data set can be volatile … Continue reading →

Posted in Consumers, Economy, Weekly Financial News | Tagged , , , | Leave a comment

Home Sales Disappoint

Posted on July 25, 2017 by Popular Economics Weekly

The Mortgage Corner Existing-home sales were at a 5.52 million seasonally adjusted annual rate in June, the National Association of Realtors said Monday. That was 0.7 percent above the year-ago rate, but 1.8 percent lower than in May and marked … Continue reading →

Posted in Consumers, Housing, housing market, Weekly Financial News | Tagged , , , , | Leave a comment

Full Employment Is Here, But No Inflation (Revised)

Posted on July 21, 2017 by Popular Economics Weekly

Financial FAQs The Bureau of Labor’s JOLTS Job Openings and Labor Turnover Survey out Tuesday showed a huge boost in hiring and shrinkage of available jobs. What to make of it with almost nonexistent inflation, and the Fed’s Janet Yellen … Continue reading →

Posted in Consumers, Economy, Politics, Weekly Financial News | Tagged , , , , , , | Leave a comment

Housing Starts Rebound, For How Long?

Posted on July 20, 2017 by Popular Economics Weekly

The Mortgage Corner The Conference Board’s Index of Leading Indicators that predicts future growth says it is being boosted by a rebound in housing starts, which means more badly needed new homes being built. Its June report posted a 0.6 … Continue reading →

Posted in Consumers, Economy, Housing, housing market, Weekly Financial News | Tagged , , , , , | Leave a comment

Interest Rates On the Rise!

Posted on June 30, 2017 by Popular Economics Weekly

Financial FAQs Central Banks everywhere seem to be following our Federal Reserve in selling bonds they had accumulated to keep interest rates low for so long—in fact, since the end of the Great Recession. They also seem to be crossing … Continue reading →

Posted in Consumers, Economy, Politics, Weekly Financial News | Tagged , , , , , , , , | Leave a comment

Why Did Fed Raise Rates Again?

Posted on June 20, 2017 by Popular Economics Weekly

Popular Economics Weekly U.S. growth cycles have averaged about 8 years since WWII, yet the Federal Reserve just announced they were raising their overnight rate for the third time—to 1.25 percent. It also forecast that the unemployment rate could fall … Continue reading →

Posted in Consumers, Economy, Politics, Weekly Financial News | Tagged , , , , | Leave a comment