Monthly Archives: October 2015

The Fed Can’t Raise Interest Rates Soon

Posted on October 28, 2015 by

The Mortgage Corner Our Federal Reserve won’t be able to raise interest rates at all this year, or maybe even next year, says Marketwatch. Why? Because the EU Central Bank just announced they are increasing their Quantitative Easing program (QE), … Continue reading →

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Which Are Fastest Growing States?

Posted on October 26, 2015 by

Popular Economics Weekly A very interesting report by the Philadelphia Fed is just out that surveys economic growth in all 50 states. And the report shows excellent growth continuing in most of the country as of September. The Federal Reserve … Continue reading →

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Best Existing-Home Sales Since 2007

Posted on October 22, 2015 by

Popular Economics Weekly Total existing–home sales, which are completed transactions that include single–family homes, townhomes, condominiums and co–ops, increased 4.7 percent to a seasonally adjusted annual rate of 5.55 million in September from a slightly downwardly revised 5.30 million in … Continue reading →

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Pending Sales, Housing Construction Are Healthy

Posted on October 19, 2015 by

The Mortgage Corner Most of the Federal Reserve Governors have announced they don’t support raising interest rates until sometime next, year, and only if worldwide economic growth picks up. Why? The US Dollar is so strong that it’s hurting exports, … Continue reading →

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Why the Q3 Slowdown Predictions?

Posted on October 15, 2015 by

Financial FAQs The International Monetary Fund and the Federal Reserve have downgraded their estimates of growth in upcoming quarters. The IMF takes the worldwide view, with particular weakness in the emerging markets of Brazil, Nigeria, South Africa and Russia., and … Continue reading →

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When Will Fed Raise Interest Rates?

Posted on October 12, 2015 by

The Mortgage Corner It has been puzzling many major economists, including Nobelist Paul Krugman, Obama advisor Larry Summers, and Minneapolis Fed Chair Narayan Kacherlakota, why Janet Yellen’s Fed is still talking about raising interest rates when current inflation numbers are … Continue reading →

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“Australia Is Not Like US”

Posted on October 9, 2015 by

Popular Economics Weekly “Australia is not like the U.S.” said commentator Michael Pascoe in the Sydney Morning Herald in response to President Obama’s remarks on the Umpqua Community College killings by a deranged killer, whose mother kept at least 7 … Continue reading →

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