Last week’s scheduled economic news included reports on construction spending and several labor-related reports along with weekly reports on mortgage rates and new jobless claims. The details:
Construction Spending Higher in ...
Continue Reading →
It may seem like the holiday season has just passed, but it won’t be too long before the flowers begin ...
The housing market is in a constant state of flux, and with the changing shape of real estate there will most definitely be notable trends to watch out ...
When delving into the world of real estate and investment property, there are many terms that will come ...
Traditionally, getting a mortgage requires you to have a level of income appropriate to the size of home that you’re buying. But for a ...
Last week’s economic events included S&P Case-Shiller’s home price indexes, reports on new and pending home sales and the Fed’s FOMC statement. The details:
Case-Shiller Reports Fast Paced Home ...
Continue Reading →Posted by:
What Is “Prime”?
The Prime Lending Rate – sometimes just called “Prime” – is the interest rate that banks charge each other for overnight loans. Some consumer rates – like ARMs – are set in relation to Prime.
In the US, Prime is affected by the Federal Reserve lending rate to banks; ...
Continue Reading →Posted by:
According to statement issued at the conclusion of today’s Federal Open Market Committee meeting, committee members decided against raising the target federal funds rate. Mixed economic conditions, slower economic growth in the 4th quarter and low inflation ...
Posted by:
According to statement issued at the conclusion of today’s Federal Open Market Committee meeting, committee members decided against raising the target federal funds rate. Mixed economic conditions, slower economic growth in the 4th quarter ...
Buying a home isn’t cheap. But if you’re determined to become a homeowner, the FHA home loan program ...