Mortgage News

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

No, These Two Terms Are NOT the Same Thing

No, These Two Terms Are NOT the Same ThingLending a Hand By Shikma Rubin

July 22nd, 2016 No, These Two Terms Are NOT the Same Thing

The Markets In A Minute - July 22

For the Week Ending July 22, 2016  Please enjoy this quick update on what happened this week in the housing and financial markets.  Strong retail sales and industrial production signal improving economic growth. Positive data has markets considering a possible Fed rate increase this year.  Stocks continue to soar, with both the S&P and Dow hitting new all-time highs. The run up in stocks has bonds suffering, contributing to higher mortgage rates. Jobless claims hit a 3-month low this week, another sign of an improving economy. Inflation has continued to...

July 21st, 2016 The Markets In A Minute - July 22