Weekly Economic Review: U.S. Wages Growing at Fastest Rate Since 2009

Posted by Laine Smith on 2/4/18 9:30 AM

In this week’s economic review, the 30-year average mortgage rate continued to climb, the employment report posted gains, and the Federal Reserve left its benchmark interest rate as-is.

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Weekly Economic Review: Home Sales Decline as Supply Drops to a Record Low

Posted by Laine Smith on 1/28/18 12:55 PM

In this week’s economic review, the 30-year average mortgage rate continued to climb, the U.S. economy ended 2017 on a strong note, and home sales fell in December.

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Weekly Economic Review: Purchase & Refinance Applications Climb Alongside Mortgage Rates

Posted by Laine Smith on 1/21/18 10:58 AM

In this week’s economic review, the 30-year average mortgage rate climbed past 4 percent for the first time in 26 weeks, housing starts ended the year with a steep drop, and home builders continue to express confidence in the market as homebuyer traffic builds.

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Weekly Economic Review: December Jobs Report Comes in Below Expectations

Posted by Laine Smith on 1/7/18 11:22 AM

In this week’s economic review, mortgage rates fell, December job creation was well below forecast levels, and construction spending expanded.

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Weekly Economic Review: Pending Home Sales Slow, Year’s End Mortgage Rates Increase

Posted by Laine Smith on 12/30/17 9:39 AM

In this week’s economic review, mortgage rates ended the year on a higher note, home prices posted gains, and pending home sales point to a slower December sales report.

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Weekly Economic Review: Fed Raises Rates, Retail Sales Impress

Posted by Laine Smith on 12/17/17 7:00 AM

In this week’s economic review, hiring gained steam in October, retail sales increased, the Fed moved on rates, and mortgage rates held steady.

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Weekly Economic Review: November Employment Report Exceeds Expectations

Posted by Laine Smith on 12/10/17 8:00 AM

In this week’s economic review, nonfarm payrolls grew more than expected and consumers are reporting high optimism in current economic conditions while spending more on revolving credit.

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Weekly Economic Review: Home Builder Confidence Jumps to 8-Month High

Posted by Laine Smith on 11/19/17 10:00 AM

In this week’s economic review, home builders are optimistic heading into the end of the year, retail sales and consumer prices disappointed, and a jump in housing completions are adding much-needed inventory to the market.

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Weekly Economic Review: September Job Openings Near All-Time High

Posted by Laine Smith on 11/12/17 12:24 PM

In this week’s economic review, preliminary consumer sentiment dropped, job openings continued to increase while hiring remained stagnant, and mortgage rates declined slightly.

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Weekly Economic Review: Fed Leaves Rates Unchanged, Unemployment Falls to 17-Year Low

Posted by Laine Smith on 11/5/17 4:27 PM

In this week’s economic review, consumer confidence hits a 17-year high, the Fed leaves rates unchanged, and the unemployment rate fell to a new low.

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