Category: News

A Great Housing Backdrop

Last Week in Review: A Great Housing BackdropMany are wondering what lies ahead for housing as we enter 2020.There are many reasons why the U.S. housing sector should do well for…

The Definition of Goldilocks

Last Week in Review: The Definition of Goldilocks“Looking ahead, my colleagues and I see a sustained expansion of economic activity, a strong labor market, and inflation near our symmetric 2% objective…

How Fast Rates Can Change

Last Week in Review: How Fast Rates Can ChangeRight now, the biggest news story to follow is the U.S. and China trade negotiations.This past week, home loans started inching higher but…

Fed Takes Action

Last Week in Review: Fed Takes ActionThis past week the Federal Reserve cut the Fed Funds Rate for the third time this year, by .25%. Along with the rate cut, the…

The Remedy for Higher Rates

Last Week in Review: The Remedy for Higher RatesThis past week home loan rates were essentially unchanged from the previous week, breaking a trend of higher rates since the beginning of…

Recession Fears Renewed

Last Week in Review: Slowing but GrowingRecession fears were back in full swing this past week, thanks to the weakest manufacturing report since June 2009, which was the last month of…

A Fed Rate Cut Refresher

Last Week in Review: Bullard Wants MoreThis past week was a classic example of how good news means bad news for Bonds and home loan rates.A little trade deal with Japan,…

Divided Fed Cuts Rates

Last Week in Review: Three Things the Fed SaidThis past week the Federal Reserve cut the Fed Funds Rate for the second time this year, lowering the rate to 2.00%. Remember…

Stocks and Mortgage Rates Rise

Last Week in Review: Stocks and Mortgage Rates RiseThis past week home loan rates ticked up sharply from the previous week leaving many wondering — have rates bottomed?For would-be homebuyers, real…