Monthly Archives: October 2015

The Fed Can’t Raise Interest Rates Soon

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

Posted in Economy, Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged , , , , , , , | Leave a comment

Which Are Fastest Growing States?

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

Posted in Consumers, Economy, Macro Economics, Weekly Financial News | Tagged , , , , , , , , , | Leave a comment

Best Existing-Home Sales Since 2007

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

Posted in Consumers, Housing, housing market, Weekly Financial News | Tagged , , , , , , | Leave a comment

Pending Sales, Housing Construction Are Healthy

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

Posted in Consumers, Economy, Housing, housing market, Weekly Financial News | Tagged , , , , , , , , , | Leave a comment

Why the Q3 Slowdown Predictions?

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

Posted in Consumers, Economy, Macro Economics, Politics, Weekly Financial News | Tagged , , , , | Leave a comment

When Will Fed Raise Interest Rates?

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

Posted in Consumers, Economy, Macro Economics, Politics, Weekly Financial News | Tagged , , , , , , , , , , | Leave a comment

“Australia Is Not Like US”

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

Posted in Economy, Politics, Uncategorized | Tagged , , , , , , , | Leave a comment