Daily Rate Update: September 24th-28th

Friday – September 28, 2018 Inflation remained contained in August and comes after Fed Chair Powell said this week that he doesn’t see any upside surprises to inflation. The Bureau of Economic Analysis reported this morning that Core Personal Consumption … Read More

The Fed Rate Hike and Our Future

Fed Raises Rates Again Dear Clients: As expected the Feds raised short-term rates again today, for the third time this year. Based on their most recent statement, the markets expect one more Fed rate rise of .25% in December, when … Read More

It’s Just The Facts: September 2018

Housing News You Need To Know: Softening market – 20% of the single-family homes for sale in San Diego dropped their asking price in June 2018, the highest percentage to do so in any major US city. 14% of the … Read More

Daily Rate Update: September 17th-21st

Friday – September 21, 2018 Despite the strong job market here in the U.S., banking and lending giant Wells Fargo plans on cutting up to 26,500 jobs, or 10% of its workforce, over the next three years. The bank said … Read More

Mortgage Rates Continue To Climb

Mortgage Rates Continue To Climb Dear Clients, Over the last year, fixed rate mortgages have increased on average .82% (a little over three quarters of a percent). Will that slow “trickle up” continue or taper off? As long as the … Read More

Daily Rate Update: September 10th-14th

Friday – September 14, 2018 Retail Sales disappointed in August, up just 0.1% from July. This was the smallest gain in six months. However, July’s figure was revised higher from 0.5% to 0.7%. Consumers cut back on spending for cars … Read More

Daily Rate Update: September 4th-7th

Friday – September 7, 2018 The Bureau of Labor Statistics reports that U.S. employers hired 201,000 new workers in August, above the 187,000 expected. However, June and July were revised lower by a total of 50,000 jobs. The big number … Read More

Daily Rate Update: August 27th-31st

Friday – August 31, 2018 Consumer Sentiment slipped in August to its lowest level since January as its current economic conditions component declined. The final Consumer Sentiment Index for August came in at 96.2, below the 97.9 recorded in July … Read More

It’s Just The Facts: August 27, 2018

The Latest In Housing News: In the last year, average home prices increased in all 50 states. Nevada’s +17.0% average home price gain led the nation over the last year – Federal Housing Finance Agency American households headed by individuals … Read More

1 10 11 12 13 14 15 16 18