Daily Rate Update: December 16th-20th

Daily Rate Update: December 16th-20th

Thursday – December 19, 2019 The National Association of REALTORS® reports that Existing Home Sales fell by 1.7% in November to October to an annual rate of 5,350,000 versus the 5,450,000 expected. On an annual basis, sales rose 2.7%. Gains were seen in the...
Fed Signals Longer Pause on Rates

Fed Signals Longer Pause on Rates

The Wall Street Journal wrote, “The Federal Reserve held interest rates steady and signaled no appetite to raise them soon. After lowering rates at their three previous meetings to guard the US economy from the effects of trade tensions and a global slowdown, Fed...
Daily Rate Update: December 16th-20th

Daily Rate Update: December 9th-13th

Friday – December 13, 2019 Home equity increased which is providing a source of wealth for homeowners in the U.S., CoreLogic reports. Borrower equity increased by $457 billion in the third quarter of 2019 compared with the third quarter of 2018, a 5.1% increase....
It’s Just The Facts: November 2019

It’s Just The Facts: November 2019

OWNERS AND RENTERS – The 111.2 million households that existed in the United States on 9/30/09 were split 68/32 between 75.2 million owners and 36.0 million renters. The 122.7 million households in the United States on 9/30/19 were split 65/35 between 79.5...
Daily Rate Update: December 16th-20th

Daily Rate Update: December 2nd-6th

Friday – December 6, 2019 And the survey says … 266,000 new jobs created in November, crushing expectations of 182,000 as the strong labor market marches on. September and October payroll growth were revised higher by a total of 41,000 lifting the...