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Retail Sales Rise For 12th Straight Month In June

by admin on 15. Jul, 2011 in The Economy

The American Consumer will not be deterred. Despite worsening jobless figures and an increase in the Cost of Living, Retail Sales are climbing.

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Mid-Year Review : Were The Experts Right About The Market?

by admin on 08. Jul, 2011 in The Economy

The year is half-over. It’s an opportune time to take stock of analyst predictions made at the start of the year, and to recognize that the “experts” can be wrong as often as they are right.

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Economy Expected To Have Added 80,000 Jobs In June

by admin on 07. Jul, 2011 in The Economy

Friday morning, at 8:30 AM ET, the Bureau of Labor Statistics releases its June Non-Farm Payrolls report. If you’re currently shopping for a mortgage, or floating a mortgage rate, be prepared. Mortgage rates can change following the monthly report’s release. Often, by a lot.

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Making A Rate-Lock Plan Before Friday’s Jobs Report

by admin on 02. Jun, 2011 in The Economy

Tomorrow morning, at 8:30 AM ET, the Bureau of Labor Statistics releases its Non-Farm Payrolls report for May. If you’re floating a mortgage rate right now — or are in the process of shopping for a loan — consider locking in.

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Rising Retail Sales Threaten Low Mortgage Rates

by admin on 13. May, 2011 in The Economy

Thursday, the Census Bureau released the April Retail Sales report. Excluding cars and auto parts, retail receipts rose for the 10th straight month and, at $321 billion, reached an all-time high.

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Inflation Pressures Mounting; Mortgage Rates Rising

by admin on 14. Apr, 2011 in The Economy

The March CPI data is expected to show an increase in the cost of living for the 17th straight month — a reading that would take CPI to an all-time high. This would be awful for mortgage rates.

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Retail Sales Report Should Spell Higher Mortgage Rates For Wednesday

by admin on 12. Apr, 2011 in The Economy

Wednesday, the Census Bureau will release its March Retail Sales figures and the report is expected to show higher sales receipts for the 9th straight month. A strong reading like that should spell higher mortgage rates nationwide.

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Lock Now? Friday’s Job Report Expected To Push Mortgage Rates Up.

by admin on 31. Mar, 2011 in The Economy

Friday, analysts expect to count another 190,000 jobs created. If the actual figure falls short, expect mortgage rates to ease. Otherwise, look for rates to rise. Probably by a lot.

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10 U.S. Cities With The Steepest Rent Increases (2010)

by admin on 23. Mar, 2011 in The Economy

The average apartment vacancy rate is 6.6% nationwide, down from 8.0% last year, and the number of occupied apartments rose by more during Q4 2010 than during any comparable period of the last 10 years. It’s a major reason why rents are up 2.3%.

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