The Stock Market and Mortgage Rates

The carnage in global stock markets continues this morning with US stocks plunging after the Dow suffered its worse daily point loss ever in yesterday’s session (-1,190). Stock Investors are seemingly rushing to the exits screaming, “get me out,” and this is typically...
Daily Rate Update: February 24th-28th

Daily Rate Update: February 24th-28th

Friday – February 28, 2020 Consumer Sentiment surged in late February hitting 101.0 despite the fears of the coronavirus that have caused a melt down in the major U.S. stock indexes. The Consumer Sentiment Index rose to 101.0, the second highest in the current...
Daily Rate Update: February 24th-28th

Daily Rate Update: February 18th-21st

Friday – February 21, 2020 The National Association of REALTORS® reports that January Existing Home Sales fell 1.3% from December to an annual rate of 5.46 million units versus the 5.42 million expected due in part to a big decline in sales in the West. Gains...
How to Live on Half Your Income… And Invest The Rest

A Brighter View From Consumers

A brighter view from consumers on the economy and finances in January lifted sentiment to the highest level since March 2018. The Consumer Sentiment Index rose to 100.9 in early February from 99.8 recorded in January. Overall, both the sentiment and expectations...