“The only people who never tumble are those who never mount the high wire.” Oprah Winfrey. After reaching higher levels at the end of 2014, Gross Domestic Product (GDP) tumbled in the first quarter […]
“I don’t know why I go to extremes.” Billy Joel. Temperatures may be warming across much of the country, but the extreme weather from this winter is still impacting some areas of the housing […]
“You take the good, you take the bad.” The Facts of Life. That television series theme song also applies to recent economic news, as housing is a bright spot while economic growth overall remains […]
Housing and manufacturing reports are front and center this week. Plus, the Fed meets. Manufacturing data from the Empire State Index will be released on Monday, followed by the Philadelphia Fed Index on Thursday. […]
Economic reports don’t begin until Thursday, but the end of the week features several key data points to note. Weekly Initial Jobless Claims will be released on Thursday, as usual. Also on Thursday, Retail […]
They say that March comes in like a lion, but recent housing reports have sounded more like a whimper than a roar. Existing Home Sales slipped in January, coming in below expectations. The annual […]
“I knew the record would stand until it was broken.” Yogi Berra. Record low temperatures have hit much of the nation, but that’s not the only chill in the air. January Housing Starts fell […]
“Yet, through all the gloom, I can see the rays of ravishing light and glory.” John Adams. The gloom of recent years seems to be gone from the labor sector, as it is a […]
“Keep lifting me higher.” Jackie Wilson may have been singing about love, but it’s weak economic data and mixed corporate earnings that have been pushing Mortgage Bonds higher, helping home loan rates remain near […]
“There’s no place like home.” News from the housing sector was front and center, and with rates remaining near historic lows, great opportunities remain for those looking to purchase or refinance. Housing Starts sizzled […]