Economic NewsDecember 20, 2018Recession coming? Take these steps to protect yourself nowRecent economic data indicate that a recession may be in the offing for 2019. How do the experts see a recession coming? The signs are there.
Federal ReserveDecember 19, 2018Federal Reserve increases rates for last time in 2018, projects fewer hikes in 2019Today's Federal Reserve (FOMC) meeting ended with a .25 percent increase in interest rates, surprising no one and having little impact on markets.
Real Estate NewsDecember 12, 20182018 was a big year for homeowners; here’s how much home equity Americans gainedHomeowners have seen serious gains in equity this year. According to the latest data, the average owner saw their home equity jump 9.4 percent since 2018 — an aggregate increase of $775.2 billion across the nation.
Real Estate NewsDecember 7, 2018Millennials and money: These homebuyers’ habits aren’t as bad as they seemIt turns out Millennials aren’t as bad with money as most assume. In fact, according to a new report from Bank of America, the Millennial generation is actually just as good — if not better — at managing their money than past cohorts were.
Real Estate NewsNovember 29, 2018Parents more willing to help with children’s debts — particularly housing-related onesWant help paying down that mortgage loan? Just ask your parents. According to a new study, most U.S. parents would give their children nearly $6,000 to pay down debts — without expecting any sort of repayment at all.
Federal ReserveSeptember 26, 2018Federal Reserve hikes rates; predicts a fourth hike in 2018Today's Federal Reserve (FOMC) meeting ended with a .25 percent increase in interest rates, surprising no one and having little impact on markets.
Federal ReserveJune 13, 2018Fed raises rates, calls for faster rate hikes in 2018The Federal Reserve announced a rate increase as expected. But here's what you might not have anticipated.
Federal ReserveMarch 21, 2018Federal Reserve raises rates as expected, but we could be in for a wild rideThe Federal Reserve announced a rate increase as expected. But here's what you might not have anticipated.
Economic NewsDecember 12, 2017Fed Preview: Rate Increase Expected, But What Will Janet Do?As the FOMC meets for the final time in 2017, analysts expect a rate hike. Janet Yellen's comments on future Fed actions could have a ripple effect.
Economic NewsNovember 6, 2017Wages not rising as fast as home prices; NAR presents 2018 housing forecast
Economic NewsOctober 9, 2017First jobs decline in 7 years. How does that affect home buyers?The U.S. economy unexpectedly was in negative territory for job creation in September. What does that mean for home buyers?
Economic NewsSeptember 27, 2017New-home sales plummet in August as affordability squeezes buyersNew-home sales for August were unexpectedly lower, says the Census Bureau and Department of Housing and Urban Development.
Economic NewsSeptember 18, 2017Equifax breach just another page in the sordid history of credit bureausEquifax is making headlines for all the wrong reasons. Where did the credit bureaus come from, anyway, and how did they get so much of your information?
Economic NewsSeptember 8, 2017Equifax data breach victim? Here’s what to do today to protect yourself
Mortgage NewsAugust 3, 2017Why Are Mortgage Rates Still So Low?The economy is heating up, and the Fed is on a firm rate-hike schedule. So why aren't consumer mortgage rates rising? Analysis and advice.
Economic NewsJuly 17, 2012A Helpful Chart : How Inflation Changes Mortgage RatesInflation is a self-reinforcing cycle. The longer it lasts, the more insidious its effects, and rising mortgage rates are an unfortunate consequence.
Economic NewsSeptember 27, 2010How Deflation Changes Mortgage RatesAccording to Google, "deflation" chatter is growing. It's extending the Refi Boom for another few weeks.