It’s Just The Facts: May 2019

SELL IN MAY? – In analyzing the S&P 500 since 1989, the 6-month periods that begin on November 1st have beaten the 6-month periods that begin on May 1st in 19 of 30 years, i.e., the performance over the 30-years … Read More

Daily Rate Update: June 3rd-June 7th

Friday – June 7, 2019 And the survey says: 75,000 jobs created in May, well below the 180,000 expected. Downward revisions to March and April erased 75,000 jobs from what was previously reported. Job growth is averaging 164,000 in 2019, … Read More

Daily Rate Update: May 28th-31st

Friday – May 31, 2019 The fight-to-safety rages on this morning as global yields decline sharply with the German 10-year Bund yield at its lowest level ever … -0.22%. The bond buying was touched off by President Trump’s announcement that … Read More

The Housing Market: Down or Up From Here?

Who better to hear it from than the appraisers, appraising homes for purchases and refinances in today’s market? They are on the “front line” and able to see the trends in the market as they develop over time. Summarizing the … Read More

Spring 2019 Poised for Strong Home-Selling Season

The U.S. economy is currently strong, with members of the workforce earning high wages and experiencing low unemployment rates. If consumers’ incomes continue to rise and favorable interest rates on mortgage loans continue to be available, the market potential for … Read More

Daily Rate Update: May 20th-24th

Thursday – May 23, 2019 Sales of new homes declined from March to April though the numbers in March were revised higher. The Census Bureau reports that new home sales fell nearly 7% in April from March though were above … Read More

Daily Rate Update: May 13th-17th

Friday – May 17, 2019 Americans grew more upbeat on the US economy in early May after solid growth was recorded in the first quarter of 2019 along with a strong labor market. The Consumer Sentiment Index in early rose … Read More

Daily Rate Update: May 6th-10th

Friday – May 10, 2019 Consumer inflation rose in April boosted by rising gas prices along with increasing rents and healthcare costs, though underlying inflation remained tame. The Core PCE, the Fed’s favorite inflation gauge, rose 1.6% in the latest … Read More

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