Mortgage News

The Markets In A Minute - July 15

For the Week Ending July 15, 2016 Please enjoy this quick update on what happened this week in the housing and financial markets.  After huge losses following the Brexit vote, stocks hit record highs this week. Economic improvement fueling the rally could put upward pressure on rates. The labor market continued to show strength as jobless claims came in lower than expected. Claims were near the 43-year low of 248,000 touched in mid-April. Producer prices recorded their biggest gain in a year in June, possibly signaling inflationary pressure. Inflation co...

July 15th, 2016 The Markets In A Minute - July 15

Wow, look what BREXIT did! - Lending a Hand by Shikma Rubin

Wow, look what BREXIT did! - Lending a Hand by Shikma Rubinhttp://us3.campaign-archive2.com/?u=0fed074c91080ebae2051a101&id=5a9d9d02a2&e=1467c39a46

July 13th, 2016 Wow, look what BREXIT did! - Lending a Hand by Shikma Rubin

The Markets In A Minute - July 8

For the Week Ending July 8, 2016  Please enjoy this quick update on what happened this week in the housing and financial markets.  U.S. stock markets have fully recovered after huge losses following Britain's vote to leave the EU. Markets don't believe a Fed rate increase is possible this year. Fed minutes from last month's FOMC meeting show the Fed was concerned about a possible Brexit. Global turmoil means the Fed is unlikely to raise rates. A strong labor market is supporting the housing market. This week there was an increase in private payrolls ...

July 8th, 2016 The Markets In A Minute - July 8

The Markets In A Minute - July 1

For the Week Ending July 1, 2016  [$RECIPIENT NICKNAME$], Please enjoy this quick update on what happened this week in the housing and financial markets.  Britain's vote to leave the European Union (Brexit) continued to shock markets. Traders seeking safety placed money into U.S. bonds, contributing to lower rates. Although indications point to the economy gaining momentum in Q2, global events could make Q3 growth unlikely. A slowing economy would support lower rates. Expectations of a Fed rate increase have disappeared, and traders are now talking abou...

July 1st, 2016 The Markets In A Minute - July 1

The Markets In A Minute - June 24

For the Week Ending June 24, 2016  Please enjoy this quick update on what happened this week in the housing and financial markets.  Stocks have rallied globally this week in anticipation of Britain staying in the EU. However, actual results of Britain's referendum will not be known until Friday.  The Fed has been cautious to increase rates due to a possible "Brexit" and hiring slowdown. However, at a 42-year low, jobless claims this week showed strength. As stocks rally and traders no longer seek safety in bonds, mortgage bond pricing could su...

June 24th, 2016 The Markets In A Minute - June 24