Monthly Archives: December 2016

Case-Shiller Home Prices At New Highs

Financial FAQs The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.6 percent annual gain in October, up from 5.4 percent last month. The 10-City Composite posted a 4.3 percent annual … Continue reading

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New-Home Sales, Confidence Also At New Highs

The Mortgage Corner The Commerce Department on Friday said new home sales increased 5.2 percent to a seasonally adjusted annual rate of 592,000 units last month. That was the second highest pace since 2007, said the NAHB. Economists had forecast … Continue reading

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New-Home Sales, Confidence Also At New Highs

The Mortgage Corner Just as existing-home sales are at their cyclical highs, the Commerce Department on Friday said new home sales increased 5.2 percent to a seasonally adjusted annual rate of 592,000 units last month. That was the second highest … Continue reading

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Q3 GDP Growth Now 3.5%!

Popular Economics Weekly The third-quarter lived up to its early expectations, rising with each new revision to an inflation-adjusted 3.5 percent annualized rate for the best showing in two years, said the Commerce Department. The consumer was the main engine … Continue reading

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Top Economics Blog: PopularEconomics.com

BusinessEconomics.com 2016 Award Winner: Top Economics Blog PopularEconomics.com http://www.businesseconomics.com/business-economics-award-winners-2016.html In determining the awards we received recommendations for 6,856 sites from 57,204 people who voted on our site. When we determined the sites that should be given the awards, we looked … Continue reading

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Housing Construction, Sales Strong, Interest Rates Still Ultra-Low

The Mortgage Corner Housing starts are being hit by huge swings. November starts fell 18.7 percent in November to a much lower-than-expected 1.090 million annualized rate following an upward revised gain of 27.4 percent to 1.340 million in October, says … Continue reading

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Janet Yellen and The Fed’s Rate Hike(s)

The Mortgage Corner The Federal Reserve on Wednesday raised a key U.S. interest rate for the first time in a year and signaled a more aggressive approach in 2017, when incoming president Donald Trump plans a so-called ‘full-throttle’ strategy to … Continue reading

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