For the Week Ending August 9, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets. Although last week's jobs numbers were lower than expected, employment remains strong. Unemployment claims this week unexpectedly fell to 213,000. The strong labor
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08/09/2018
For the Week Ending August 3, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets. The Fed elected to leave policy rates unchanged at this month's meeting, as was expected. Markets have already priced in 2 more rate hikes this year though. Consu
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08/03/2018
For the Week Ending July 26, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets. Talk of tariffs and trade concerns continue to help keep mortgage rates low. However, the strong economy and labor market could pressure rates higher. Recent comme
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07/26/2018
For the Week Ending July 19, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets. Retail sales rose for a fifth straight month in June. A tight labor market and lower taxes have supported solid gains in household purchases. Investors say the ec
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07/19/2018
For the Week Ending July 12, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets. Consumer prices barely rose in June, but the underlying trend points to inflation. Rising inflation will likely lead to more Fed rate increases and higher rates. Pr
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07/13/2018
For the Week Ending July 6, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets. Manufacturing activity surged in June, as companies accelerated production in advance of expected tariffs. Stocks continue to suffer as concerns remain about the
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07/06/2018
For the Week Ending June 29, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets. Consumer confidence was down slightly in June, suggesting economic growth may temper a bit. Economists said trade dispute concerns were to blame. Some economists
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06/29/2018
For the Week Ending June 22, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets. Tariffs imposed by President Trump have elicited retaliation from countries around the globe. Concerns about a trade war have helped mortgage rates. Fed Chai
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06/22/2018
For the Week Ending June 14, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets. As expected, the Fed raised policy rates a quarter percent at this week's meeting. The increase will likely have little impact on long-term mortgage rates. The
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06/14/2018
For the Week Ending June 8, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets. June's Federal Open Market Committee (FOMC) meeting is next Wednesday. The Fed is widely expected to raise policy rates by 0.250% at this meeting. Mortgage rates
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06/11/2018