Posts Covering Economic News
The Federal Reserve announced a rate increase as expected. But here’s what you might not have anticipated.
February 15, 2018 in About Mortgages Economic News Essential Mortgage Miscellany Federal Reserve First-Time Home Buyers Forecasts Homeownership Topics Mortgage Rates Mortgage Strategy Real Estate Refinance Uncategorized
How useful is mortgage rate history? Mortgage rate history may sound a pretty boring topic. Indeed, you may subscribe to the Henry Ford school, which believes that all history is bunk. However, knowing how mortgage rates behaved in the past can help you understand what might happen to them in the future. That knowledge could […]
Happy new year — as a homeowner Is your new year’s resolution for 2018 to become a homeowner? Or would you make it one, if only you thought it was a smart move — and you stood a chance of achieving it? Well, read on because you might find some good news. 2018: A vintage […]
As the FOMC meets for the final time in 2017, analysts expect a rate hike. Janet Yellen’s comments on future Fed actions could have a ripple effect.
Post-hurricane jobs numbers not as strong as expected The October jobs report is in, and the numbers are a mixed bag. The U.S. economy added 261,000 nonfarm payroll jobs in October, according to the U.S. Bureau of Labor Statistics. A hiring rebound at restaurants and bars impacted by recent hurricanes helped boost numbers. However, October’s jobs […]
October 9, 2017 in Economic News
The U.S. economy unexpectedly was in negative territory for job creation in September. What does that mean for home buyers?
September 27, 2017 in Economic News
New-home sales for August were unexpectedly lower, says the Census Bureau and Department of Housing and Urban Development.
September 18, 2017 in Economic News
Equifax is making headlines for all the wrong reasons. Where did the credit bureaus come from, anyway, and how did they get so much of your information?
September 8, 2017 in Economic News
Equifax data breach sparks firestorm of consumer concerns 143 million. That’s how many U.S. consumers are potentially affected by a data breach of consumer credit reporting agency Equifax. Nearly two-thirds of the adult U.S. population. The disturbing thing about the latest breach — in what seems to be a neverending stream of breaches — is that thieves had […]
July 17, 2012 in Economic News
Inflation is a self-reinforcing cycle. The longer it lasts, the more insidious its effects, and rising mortgage rates are an unfortunate consequence.
2018 Conforming, FHA, & VA Loan Limits
Mortgage loan limits for every U.S. county, as published by Fannie Mae & Freddie Mac, the Federal Housing Administration (FHA), and the Department of Veterans Affairs (VA)