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
For the Week Ending June 1, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets. First quarter economic growth was solid though slightly lower than expected at 2.2%. An improving economy can pressure rates higher. Mortgage rates improved as ov
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06/01/2018
For the Week Ending May 24, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets. Minutes released this week from last month's Fed meeting point to a policy rate increase in June. However, mortgage rates likely won't be affected. Inflation is s
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05/24/2018
For the Week Ending May 18, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets. Retail sales rose 0.3% in April, matching expectations. Consumer spending is also picking up, but higher gas prices are cutting into discretionary spending. The i
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05/17/2018
For the Week Ending May 10, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets. The consumer price index, which measures inflation, was slightly lower than expected in April. Lack of inflationary pressure helps keep rates lower. The producer
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05/10/2018
