Posted on October 1, 2020
by Lara Bertrand in Blog
Home price growth fueled by high demand for single-family homes was higher in July according to Case-Shiller's National Home Price Index. Analysts said that millennials seeking to purchase homes and the continued exodus from large urban areas propelled rising home…
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Posted on August 12, 2020
by Lara Bertrand in Blog
The COVID-19 pandemic has taken the world by storm. Millions of people all over the world have been infected and businesses have ground to a halt. During this time, it is important for everyone to take a breath, pause, and…
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Posted on August 10, 2020
by Lara Bertrand in Blog
Economic readings released last week included construction spending, public and private-sector job growth, and government reports on initial and continuing jobless claims. Freddie Mac also released its weekly report on average mortgage rates.
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Posted on August 6, 2020
by Lara Bertrand in Blog
It is no secret that the COVID-19 pandemic has had an impact on everyone; however, there are a few impacts that are being overlooked. In addition to the public health crisis and the tanking of the stock market, there are…
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Posted on July 27, 2020
by Lara Bertrand in Blog
Last week's economic reporting included readings on sales of new and previously owned homes. State and federal data on new and continuing jobless claims were released along with Freddie Mac's weekly report on mortgage rates.
Sales of New and Existing Homes…
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Posted on June 15, 2020
by Lara Bertrand in Blog
Last week's economic reporting included readings on inflation, the post-meeting statement from the Fed's Federal Open Market Committee, and consumer sentiment. Weekly readings on mortgage rates and jobless claims were also released.
Inflation Ticks Up in May
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Posted on June 12, 2020
by Lara Bertrand in Blog
The Federal Reserve's monetary policy committee decided against changing the Fed's benchmark interest rate range of 0.00 to 0.25 percent. The Federal Open Market Committee said in its post-meeting statement that it is not considering raising rates until 2023. Two…
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Posted on May 22, 2020
by Lara Bertrand in Blog
Without a doubt, the COVID-19 (coronavirus) pandemic has impacted every part of the economy. This is a dangerous virus and has left many parts of the country on lockdown orders to prevent it from spreading rapidly. The question many people…
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