YOUR WINDOW OF OPPORTUNITY IS OPEN

YOUR WINDOW OF OPPORTUNITY IS OPEN

If you’ve been thinking about refinancing or buying a home, now may be the time to move on it. Rising home prices are being offset by home loan rates that remain near historic lows. Home Prices on the Up and … Continue reading

RECENT REPORTS HAD A LOT TO LOVE

RECENT REPORTS HAD A LOT TO LOVE

Consumers had a little extra change in their pockets thanks to lower gas prices and a positive employment outlook. After wrapping up a strong holiday shopping season, consumer spending continued into 2016. January Retail Sales rose 0.2 percent, marking the … Continue reading

WHAT TO WATCH: EXISTING HOME SALES

WHAT TO WATCH: EXISTING HOME SALES

Existing Home Sales declined sharply from October to November, after a modest decline from September to October. Does this affect the long-term housing outlook? What is the Existing Home Sales report? The Existing Home Sales report measures sales of pre-owned … Continue reading

CONSUMER’S GUIDE FOR RATE HIKES

CONSUMER’S GUIDE FOR RATE HIKES

At December’s Federal Open Market Committee meeting, the Fed raised its benchmark Federal Funds Rate for the first time in nearly a decade. This is the rate at which banks lend money to each other overnight. It had been near … Continue reading

FEED HOLDS ITS BENCHMARK RATE STEADY

FEED HOLDS ITS BENCHMARK RATE STEADY

September marked the start of football season for fans across the country. But investors and economists were focused on another team—the Federal Open Market Committee (FOMC), and whether it would hold its benchmark Federal Funds Rate steady. What Is the … Continue reading