30 Second Update – October 29th, 2018
General News
October 29, 2018
What’s Happening with Home Values? The Federal Housing Finance Agency Home Price Index was just released showing that home prices increased the strongest in the Pacific region for the month […]
30- Second Update: Jobless Claims near 50-year low
General News
October 22, 2018
For the week ending October 13th, Initial Jobless Claims, which is the number of Americans losing their job and applying for unemployment benefits, dropped 5,000 to a seasonally-adjusted 210,000, remaining […]
What Is Inflation And Why Is It So Important To Understand?
General News
October 15, 2018
Inflation is the rate at which the general level of prices for goods and services is rising, and purchasing power of currency is falling. It is very important to understand […]
Low Unemployment and Continuous Demand for Housing
General News
October 08, 2018
Weekly Jobless Claims, which is a report that represents the number of American workers who filed for unemployment benefits the previous week, dropped another 8,000 to a strong 207,000. Jobless […]
Federal Reserve Raises Interest Rates: Consumer Impact
General News
October 01, 2018
As expected, the Federal Reserve raised the benchmark interest rate a quarter point, marking the eighth increase since December 2015 and third this year. The federal funds rate, which serves […]
Positive Sign for Housing
General News
September 24, 2018
The National Association of Home Builders conducts a survey gathering information based on the general economy and housing market conditions and compiles it into a report called the Housing Market […]
30- Second Update – Strong August Jobs Report Supports Surging Economy
General News
September 17, 2018
The results of August’s jobs report further supports that our economy is not only strong, but surging. The United States created 201,000 new jobs in August, keeping the unemployment rate […]
Housing Market: Pending Home Sales Still Holding Strong
General News
September 10, 2018
The Pending Home Sales Index is released monthly by the National Association of Realtors. This index reports on the housing sector and breaks down pending sales of existing homes that […]
30 Second Update – Week of September 3rd, 2018
General News
September 03, 2018
Happy Labor Day! Labor Day is a yearly, national tribute to the workers that have contributed to the strength, prosperity and well-being of our country. The first Labor Day was […]
What exactly is a Credit Score and how is it calculated?
General News
August 27, 2018
What is a FICO Score? The Fair Isaac Corporation first introduced the FICO score in 1989. It is a measure of consumer credit risk and has become a fixture of […]
Home Builders and Small Businesses Show Optimism for Growth
General News
August 20, 2018
Recently, the National Association of Home Builders released their Housing Market Index (HMI). This index is created from a survey where builders are asked questions about the current state of […]
August Federal Reserve Meeting Recap: Interest Rates Left Unchanged
General News
August 13, 2018
The U.S. Federal Reserve met on August 1st, and the main take away from the meeting was that the benchmark interest rate will remain unchanged. However, the Fed did reaffirm […]