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
For the Week Ending May 3, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets. The PCE index, the Fed's preferred inflation barometer, rose to 2% year-over-year in March. This is the biggest jump since Feb '17 and could pressure rates. The Fe
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05/03/2018
For the Week Ending April 26, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets. Concerns over inflation and a spike in Treasury yields drove rates up this week. The 10-yr Treasury broke the 3% yield mark for the first time since 2014. While
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04/26/2018
For the Week Ending April 19, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets. The labor market continues to show strength, with unemployment of 4.1% nearing the Fed goal of 3.8%. Jobless claims this week were down to 232K. Members of the
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04/19/2018
For the Week Ending April 12, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets. Minutes released from last month's FOMC meeting show the Fed still plans on 2 more rate hikes this year. Inflation is a concern, as is a trade war with China. C
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04/12/2018
For the Week Ending April 6, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets. Factory activity slowed in March, but growth in the manufacturing sector is still going strong. More companies showed signs of expanding than shrinking. Tariffs
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04/08/2018
For the Week Ending March 29, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets. Although a short week for markets, there was lots of economic data to digest. The week overall was positive for rates, helping to rebound from recent highs. Con
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03/30/2018
