Mortgage rates and home sales are expected to rise in 2018 according to the latest economic and housing outlook by Fannie Mae. The report expects mortgage rates to ...
Read More »Stress Test Scenarios: Home Prices and Mortgage to Rise
Unemployment, exchange rates, prices, income, and interest rates are some of the economic factors that will reveal whether banks in the U.S. are armed with robust capital planning processes ...
Read More »Looser Zoning Regulations Crucial to Economic Growth
According to new analysis, loosening zoning regulations in the nation's most productive cities could help spur economic growth. These regulations are keeping developers from building new housing opportunities. Ultimately, this restricts Americans to more affordable, smaller cities where they're less productive.
Read More »GDP Growth Below Wall Street Estimates
The Bureau of Economic Analysis Q1 GDP growth estimate was below the Wall Street estimate for the quarter, but in the opinion of Brett F Ewing and S. Lance Mitchell, Chief Market Strategist and Research Director (respectively) for First Franklin Financial Services, it is an “inflection point” for the economy in the midst of a tight labor market. Experts said that the slower growth was an "inevitable reversal" following the high growth of Q4 2016.
Read More »Homeownership Rates Linked to Decrease in GDP
Recent study shows that decrease in homeownership is most severe among 25 to 29-year-old age groups, African Americans, and one-person households. Reasons cited include tightening credit requirements, rising student debt, and lack of ability to save for down payment. Experts say that dip in homeownership has contributed to dip in national GDP.
Read More »GDP Adds Fuel to the Fed’s Fire
The Bureau of Economic Analysis reported an upward revision to the first quarter gross domestic product, which some industry experts believe will not only signal better growth in the second quarter, but also motivate the Fed to raise rates.
Read More »Is Another Recession on the Horizon?
While nearly everyone was expecting weak GDP growth for the first quarter, the advance estimate reported weaker growth than what was expected.
Read More »Economy Receives a Slight Boost—Or Does It?
Residential fixed investment was at its highest level in eight years. How did that figure into the GDP?
Read More »GDP Growth Reflects Troubled Economy, Sluggish Housing Market
Was the slowdown in GDP growth an early indicator of the negative state of the economy and slowly growing housing markets?
Read More »The Week Ahead: Will Existing Home Sales Find Their Balance?
Expect to see an influx of industry news in the last full week of February, including the highly-anticipated existing-home sales report from the National Association of Realtors. The last two reports on existing sales for November and December were hot and cold. Now, the industry is wondering what January's report will reveal.
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