There was good news on Friday as Consumer Sentiment rose to 75.3, which is the best level since February of 2011. However, this news was tempered by the rise in oil prices.
On the one hand, high … [Read More...]
Housing Starts came in better than expected, while both the New York Empire State Index and the Philadelphia Fed Index reported positive manufacturing news. The Weekly Initial Jobless Claims fell by … [Read More...]
WSJ's Nick Timiraos details a proposed plan in which foreigners who spend $500,000 in cash on U.S. real estate would be given visas. To fuel this demand, the proposed measure would offer visas to any … [Read More...]
A 30-year fixed-rate mortgage averaged 3.91 percent in the week ending Dec. 22, down from 3.94 percent last week, setting a new all-time low for 30-year mortgages. "Rates on 30-year fixed mortgages … [Read More...]
The third quarter of 2009 brought signs of relief to a U.S. economy fighting to emerge from what has been coined the Great Recession. Most measures of economic activity moved in upwards. However, … [Read More...]
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