Mortgage News

The Markets in a Minute - August 19

For the Week Ending August 19, 2016 Enjoy this quick update on what happened this week in the housing and financial markets.  Minutes released from last month's FOMC meeting show the Fed is divided on the need to raise rates. Ultimately they agreed to monitor economic conditions further. Consumer prices in July were unchanged from June, indicating no inflation. Without inflation, the Fed will typically hesitate in raising policy rates. However, jobless claims fell more than expected this week, reinforcing views of labor market strength that could encourage the Fed ...

August 19th, 2016 The Markets in a Minute - August 19

The Markets In A Minute - August 12

For the Week Ending August 12, 2016  Enjoy this quick update on what happened this week in the housing and financial markets.  The economy grew by 1.2% annually during the second quarter, lower than the 2.6% expected. Consumer spending was responsible for most of the increase. Though the economy is only moderately improving, the labor market continues to show strength. New jobs were up, and layoffs fell to a near 2-year low in June. While an improving economy and strong labor market could lead the Fed to consider raising policy rates, inflation remains benign, h...

August 12th, 2016 The Markets In A Minute - August 12

CEO Kim Curtis Highlighted in CoVaBiz Magazine

Tidewater Home Funding President/CEO Kim S. Curtis was recently highlighted in the August issue of CoVaBiz magazine, in a featuring many of our community's most success female leaders.http://www.covabizmag.com/featured/leading-ladies/

August 11th, 2016 CEO Kim Curtis Highlighted in CoVaBiz Magazine

The Markets in a Minute - August 5

For the Week Ending August 5, 2016 Enjoy this quick update on what happened this week in the housing and financial markets.  Jobless claims were once again below 300,000, signaling a healthy labor market. Labor market strength contributes to more spending on goods and services. Consumer spending rose in June, suggesting a strengthening economy. Personal consumption accounts for more than two-thirds of U.S. economic activity. Despite healthy consumer spending, the Commerce Department showed inflation is still muted. Lack of inflation helps to keep interest rates low.&nb...

August 5th, 2016 The Markets in a Minute - August 5

FREE Rent vs Own Seminars

FREE Rent Vs Own Seminar!6-7 PM at RE/Max Allegiance2244 General Booth Boulevard, Virginia BeachRSVP at 679-9003 

August 3rd, 2016 FREE Rent vs Own Seminars

The Markets in a Minute - July 29

For the Week Ending July 29, 2016  Enjoy this quick update on what happened this week in the housing and financial markets.  The Fed kept policy rates the same at this month's FOMC meeting. Economists speculate we won't see a Fed rate increase until at least December of 2016. Fed comments referenced a strengthening labor market. Jobless claims remained below 300,000 for the 73rd week, supporting their analysis. Consumer confidence remained steady in July, suggesting the economy will continue to expand at a moderate pace. This could contribute to higher rat...

July 29th, 2016 The Markets in a Minute - July 29

Tidewater Home Funding

Tidewater Home Funding, LLC NMLS# 41552
(www.nmlsconsumeraccess.org).
Equal Housing Lender.

Licensed in Virginia, North Carolina & Florida.

VSCC Bureau of Financial Institutions, P.O. Box 640, Richmond VA 23218-0640, (1-800-552-7945) www.scc.virginia.gov/bfi

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