Hot inflation, robust economic data and key sound bites sent Stocks to record highs in mid-February, while Bonds simply tried to hold on. Reports and Remarks Spark Stocks Retailers enjoyed a solid January as consumers seemed more upbeat about the … Continue reading
Signs of inflation can move the Stock and Bond markets and impact home loan rates, which are tied to Mortgage Bonds. Here are important details to know. What is the Consumer Price Index (CPI) report? CPI measures consumer inflation and … Continue reading
As the books were closed on 2016, many economic indicators were on the rise. Some signal good news for those in the market to buy a home. Housing Starts Surge For regions struggling with limited housing inventory, Housing Starts may … Continue reading
New and Existing Home Sales were something to celebrate in November, while home prices continued to heat up. The National Association of REALTORS® reported that Existing Home Sales in November edged higher by 0.7 percent from October to an annual … Continue reading
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
The National Association of REALTORS® reported that after two straight monthly declines, Existing Home Sales jumped 3.2 percent from August to September. First-time buyers claimed a 34 percent share of home purchases, a high not seen in over four years. … Continue reading
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Mortgage Info By Michelle Wickett 