For the Week Ending March 3, 2017 The idea of a Fed policy rate hike in March has gained steam, with an almost 80% expectation it will happen. Just last week there was only a 30% chance.Consumer spending was down slightly in January, but manufacturin
Mar 02, 2017 | markets-in-a-minute
As a mortgage lender, I often work with recently engaged and married couples who plan to buy their first home.The decision to buy comes with a lot of questions about the down payment, closing costs and the mortgage process in general. But then I also hear
Feb 25, 2017 |
Although markets were closed on Monday for Presidents' Day, stocks once again hit new highs this week as traders expect the economy to continue improving.Unemployment filings continue to reflect labor market strength. Although up slightly this w
Feb 23, 2017 | markets-in-a-minute
For the Week Ending February 17, 2017 Consumer prices increased in January by the highest level since February 2013, signaling rising inflation. Inflation could pressure mortgage rates higher.Jobless claims this week came in even lower than expected,
Feb 17, 2017 | markets-in-a-minute
For the Week Ending February 10, 2017 Gallup reports its Economic Confidence Index hit a new high in January, reaching its highest monthly average in 9 years. The labor market continues to show strength, with jobless claims hitting a 43-year low
Feb 09, 2017 | markets-in-a-minute
For the Week Ending February 3, 2017 The Fed concluded the most recent FOMC meeting and announced there would be no policy rate increases. The next FOMC meeting is scheduled for March 14/15.Economic activity in manufacturing expanded in January, surp
Feb 03, 2017 | markets-in-a-minute
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