HOUSING BRINGS THE HEAT

HOUSING BRINGS THE HEAT

Summer often signals a jump in housing activity. This year was no exception. The National Association of REALTORS® reported June Existing Home Sales rose by 1.1 percent from May and were up 3 percent from June of last year, remaining … Continue reading

FED ANSWERS RATE HIKE DEBATE

FED ANSWERS RATE HIKE DEBATE

As winter officially began and 2015 came to a close, the Fed resolved to raise its benchmark Federal Funds Rate. In other news, housing starts heated up while home sales went into hibernation. Fed Warms Up to Rate Increase In … Continue reading

WHAT TO WATCH: THE FED

WHAT TO WATCH: THE FED

One of the biggest questions in the weeks ahead is: What will the Fed do? Remember that the Fed is now purchasing $35 billion in Treasuries and $30 billion in Mortgage Bonds (the type of Bonds on which home loan … Continue reading