Monthly Archives: October 2016

Q3 GDP Growth Fastest In 2 Years

Financial FAQs Third quarter GDP growth was the fastest in two years, aided by a spike in soybean and other U.S. exports and a rebound in the size of inventories companies keep on hand for sale, reports the U.S. Bureau … Continue reading

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Housing Sales, Prices Continue Skyward

The Mortgage Corner The S&P Case Shiller Home Price Index continues to soar, with Seattle and Portland existing-home prices up double digits in a year, while Dallas and Denver are up some 8 percent annually. Case-Shiller’s national index is within … Continue reading

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Hillary Clinton, the New FDR?

Popular Economics Weekly Even President Obama, among others, has said Hillary Clinton is one of the most qualified presidential candidates ever. And she has been advocating a new New Deal for America, including tuition-free public universities and colleges, paid maternity … Continue reading

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Housing Construction Slows

The Mortgage Corner Single-family housing construction rose in September. Though overall starts plunged what looks like a shocking 9.0 percent in September, to a 1.047 million annualized rate, said Econoday. The drop is tied entirely to the volatile multi-family component … Continue reading

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A Recovery In Retail Sales?

Financial FAQs September retail sales rose: total up 0.6 percent, ex-auto up 0.5 percent, ex-auto ex-gas up 0.3 percent, which indicates a good holiday season for retail. But this is bucking the downward trend that has sales sinking to the … Continue reading

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Will Low Interest Rates Continue?

The Mortgage Corner This question is behind much of the stock and bond market gyrations. We are near full employment with a 5.0 percent unemployment rate, some 11 million jobs created since the end of the Great Recession, yet we … Continue reading

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Jobs Report—Not Yet Full Employment

Popular Economics Weekly The unemployment rate rose slightly to 5 percent for the first time since April, the government said Friday, though that was mainly because 444,000 people entered the labor force. There are still too many unemployed, in other … Continue reading

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