DSNews Author: Brian Honea February 13, 2015 A survey conducted among economists by theFederal Reserve Bank of Philadelphia on economic growth in the United States released on Friday revealed that predictions have been revised upward for the labor market – which means good news for the economy and for housing recovery. The Philadelphia Fed […]
DSNews: Author: Tory Barringer January 23, 2015 A measure of leading U.S. economic indicators rose again in December, advancing for a fourth straight month as most components improved. The Conference Board’s Leading Economic Index (LEI), which gauges the near-term economic outlook based on a variety of indicators, increased 0.5 percent in December to 121.1, the […]
DSNews: Author: Tory Barringer January 21, 2015 In the wake of the National Association of Home Builders’ (NAHB) latest confidence index, builders convened in Las Vegas this week to discuss housing trends over the last few months and what they expect to see in 2015. In a panel at the group’s International Builders’ Show, top […]
DSNews: Author: Tory Barringer January 16, 2015 American consumers are heading into 2015 feeling good about their economic prospects, according to a preliminary confidence measure. A first-look reading of the University of Michigan/Thomson Reuters consumer confidence index shows the measure climbed to 98.2 as of mid-January, up nearly five points from a final December reading […]
DSNews: Author: Tory Barringer January 12, 2015 With 2015 less than two weeks underway, Fitch Ratings is the latest forecaster predicting great things for housing in the coming year. However, unlike other commentators, whose projections were based on encouraging market trends, the ratings agency says it’s a combination of recent government actions that reinforces its […]
National Mortgage Professionals – BY: Phil Hall, January 7, 2015 In advance of President Obama’s speech tomorrow in Arizona on housing policy, the White House has issued confirmation that the Administration is directing the Federal Housing Administration (FHA) to cut the annual mortgage insurance premium from 1.35 percent to 0.85 percent. The White House is billing this […]
DSNews Author: Brian Honea December 23, 2014 A popular index gauging leading U.S. economic indicators grew for a third straight month in November, signaling moderate economic growth as the year closes out. The Conference Board’s Leading Economic Index(LEI) increased 0.6 percent in November to 105.5, the group reported. The increase matched October’s improvement and […]
DSNews Author: Brian Honea December 16, 2014 Freddie Mac predicted that 2015 will see the highest level of home sales in the U.S. since 2007 in its December 2014 U.S. Economic and Housing Market Outlook released on Tuesday. In the report, Freddie Mac looked back at five key consensus predictions for 2014, […]
BY: Diana Olick of CNBC, November 5, 2014 Mortgage rates are back to the highest level in a month, and if news from the U.S. economy stays positive, they could edge ever higher. While the brief drop a few weeks ago, due to concerns over global economic growth, may already seem like a distant memory, we […]
DSNews BY: Derek Templeton July 22, 2014 Some things are meant to be a little sweet and a little bitter. They’re just better that way. Semi-sweet chocolate and sweet and sour sauce, just to name a few are some of the finest flavors known to man. Unfortunately, the mixture of bitter and […]
