For the Week Ending December 27, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets. Early holiday shopping numbers are on track to break season records. However, stocks are still volatile and trending downward, despite the strong consumer spen
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12/27/2018
For the Week Ending December 20, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets. The Fed raised policy rates this week, but lowered the number of expected rate increases for 2019. Mortgage rates were basically unaffected by this rate hike.
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12/20/2018
For the Week Ending December 14, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets. The Fed's plans to continue raising policy rates next year may be on hold. However, a policy rate hike at next week's FOMC meeting is still likely. The core co
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12/14/2018
For the Week Ending December 6, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets. The yield on 5-year Treasury bonds slipped below the rate on 2-year Treasuries, called an 'inversion.' Inverted yield curves could be a sign of a future recessio
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12/06/2018
For the Week Ending November 30, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets. Recent comments by Fed Chair Jerome Powell have markets questioning if we'll see policy rate increases in 2019, which could be good for mortgage rates. Consume
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11/30/2018
For the Week Ending November 23, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets. Concerns over turmoil in Britain and their Brexit deal caused investors to seek safe haven in bonds. This helped mortgage rates improve this week. Stocks conti
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11/23/2018
For the Week Ending November 16, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets. Consumer prices posted the largest increase in 9 months in October. The Labor Dept said its index rose 0.3% last month after increasing 0.1% in September. Reta
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11/16/2018
For the Week Ending November 9, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets. The Fed didn't raise policy rates at this month's FOMC meeting but is expected to raise rates in December. Mortgage rates will likely remain unaffected. The midt
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11/08/2018
For the Week Ending November 2, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets. Consumer spending rose for a 7th straight month in September, but personal income recorded its smallest gain in more than a year on moderate wage growth. Com
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11/02/2018
For the Week Ending October 25, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets. This week's stock rout drove some traders to seek safety in bonds, causing mortgage bonds to perform well and helping to stabilize rates. Orders to U.S. factori
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10/25/2018