Housing Starts, which measure when excavation begins on a home, surged 25.5 percent in October from September. It was the highest level since September 2007. Single-family starts, which make up the largest share of the market, jumped nearly 11 percent, … Continue reading
After a strong showing in June, American consumers slowed spending on a variety of goods in July. What is the Retail Sales report? Produced by the Commerce Department, the report measures a sample of store receipts from businesses of all … Continue reading
Inflation can have a big impact on the Bond markets, and also on home loan rates, which are tied to Mortgage Bonds. Here’s what you need to know. What is the Consumer Price Index (CPI) report? The CPI averages price … Continue reading
Home sales and home prices continued to rise around much of the country heading into summer. The National Association of REALTORS® reported that June Existing Home Sales rose by 1.1 percent from May, coming in above expectations at 5.57 million … Continue reading
After months of divisive rhetoric on Britain’s exit from the European Union (or “Brexit,” as it is known), voters went to the polls on June 23 stunning investors by opting to leave the economic and political partnership of 43 years. … Continue reading
The housing sector continues to be a bright spot in the U.S. economy. New Home Sales, which reports monthly on the number of newly constructed homes with a committed sale, surged by nearly 17 percent in April from March. This … Continue reading
Making it big in business after age 40
CRIME WRITER
The scoop on the housing market, the community, & the economy.
JUST INTERESTING STUFF!!
Mortgage Info By Michelle Wickett 