Tag Archives: interest rates

Why Has It Taken So Long?

Posted on January 13, 2016 by Popular Economics Weekly

Financial FAQs The latest Federal Reserve press releases—firstly, the minutes of last FOMC meeting, and also its reduced projections of expected inflation—tell us the Fed is still in austerity mode due to a fear of non-existent inflation. And it is … Continue reading →

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

What Happens in 2016?

Posted on December 25, 2015 by Popular Economics Weekly

Popular Economics Weekly Even with interest rates rising, we see 2.5 percent plus GDP growth in 2016, because of strong employment and consumer spending. An early sign of this this trend is the Conference Board’s Index of Leading Economic Indicators … Continue reading →

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

Fed Rate Hike Could Hurt Employment

Posted on December 3, 2015 by Popular Economics Weekly

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 →

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

Oct. Pending and New-Home Sales Still Rising

Posted on December 1, 2015 by Popular Economics Weekly

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 →

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

Dr. Yellen—Don’t Raise Interest Rates Just Yet.

Posted on November 18, 2015 by Popular Economics Weekly

Popular Economics Weekly The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in October on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased … Continue reading →

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

Home Ownership Rate Increases, Thanks to Millennials

Posted on November 3, 2015 by Popular Economics Weekly

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 →

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

Construction, Retail Sales Higher

Posted on September 15, 2015 by Popular Economics Weekly

The Mortgage Corner The strength of the economy right now is in the housing and construction sectors, again areas insulated from global factors, such as China’s slowdown. Construction spending, next to vehicle sales, is perhaps the week’s best surprise, rising … Continue reading →

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

Higher Birth Rates Are Here

Posted on August 19, 2015 by Popular Economics Weekly

The Mortgage Corner The mellennial generation, now aged 18 to 36 years, are beginning to drive higher birth rates. And that means more households being formed, which will ultimately create a higher demand for housing. Actually, a 4 million birth … Continue reading →

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

Case-Shiller Home Prices Up, Ownership Rate Lower

Posted on July 29, 2015 by Popular Economics Weekly

The Mortgage Corner Home prices have stabilized for a while, after the 2013 double-digit price surge brought on by the Fed’s various QE bond purchases and ultra-low interest rates. And homeownership rates are still dropping due mainly to affordability and … Continue reading →

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

Existing-Home Sales at 8-Year High

Posted on July 22, 2015 by Popular Economics Weekly

The Mortgage Corner It had to happen.  Why did June existing-home sales jump to an 8-year high? Fewer foreclosures is the short answer, hence more available for sale at market prices. But soaring consumer optimism due to an even better … Continue reading →

Posted in Uncategorized | Tagged , , , , | Leave a comment