For the Week Ending August 8, 2019 Please enjoy this quick update on what happened this week in the housing and financial markets. At the end of July, the Fed made its first policy rate cut since 2008. Over the following week, mortgage interest rates dropped to their lowest level since 2016. P
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08/08/2019
For the Week Ending July 25, 2019 Please enjoy this quick update on what happened this week in the housing and financial markets. Expectations are that the Fed will cut policy rates at next week's FOMC meeting. There's speculation the cut will be anywhere from 0.25% to 0.50%. While the Fed can
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07/25/2019
For the Week Ending July 18, 2019 Please enjoy this quick update on what happened this week in the housing and financial markets. Retail sales increased in June, pointing to strong consumer spending. This could offset the slowdown from the business sector. Lower import prices in June are evide
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07/22/2019
For the Week Ending July 11, 2019 Please enjoy this quick update on what happened this week in the housing and financial markets. Recent comments by Fed Chair Jerome Powell have markets speculating a 0.25% policy rate cut at this month's FOMC meeting. Some traders think it may even be 0.50%. A
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07/11/2019
For the Week Ending July 5, 2019 Please enjoy this quick update on what happened this week in the housing and financial markets. A gauge of U.S. service industries dropped to its weakest level in almost 2 years, led by a cooling in employment that may temper labor market optimism. ADP reported
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07/05/2019
For the Week Ending June 28, 2019 Please enjoy this quick update on what happened this week in the housing and financial markets. The economy grew at a healthy 3.1% rate in the first quarter of this year. However, there are signs growth has slowed sharply in the second quarter. Consumer confid
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06/28/2019
For the Week Ending June 20, 2019 Please enjoy this quick update on what happened this week in the housing and financial markets. The Fed kept policy rates unchanged at this week's FOMC meeting. However, the policy statement left the door open for possible rate cuts later this year. The 10yr T
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06/20/2019
For the Week Ending June 14, 2019 Please enjoy this quick update on what happened this week in the housing and financial markets. Both wholesale and consumer inflation data came in as expected this week, showing inflation is not a concern to pressure rates higher in the near future. The Fed me
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06/14/2019
For the Week Ending June 6, 2019 Please enjoy this quick update on what happened this week in the housing and financial markets. Mortgage rates continue to improve as mortgage bonds reach levels not seen since 2017. The outlook remains good that rates could go even lower this year. As U.S. tr
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06/06/2019
For the Week Ending May 30, 2019 Please enjoy this quick update on what happened this week in the housing and financial markets. Economic growth in Q1 accelerated, but momentum is slowing. Inflation pressures were much weaker than initially thought, supporting lower rates. Consumer confidenc
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05/30/2019
