Existing Home Sales Fell 1.5% in September, Down 23.8% Over Last Year… The 30-year fixed-rate mortgage now costs more than 7%, over double what it was this time last year. What it means— ...
Week In Review – April 27 2022
Russia Began Offensive in Donbas... Russian troops began a long-anticipated push into the Donbas region of Ukraine, taking the war to the next level. What it means— Americans and Western allies are ...
Week In Review – April 20 2020
5.25 Million Americans File Initial Jobless Claims… This brings the four-week total to just over 22 million, or 13% of the workforce. What it means – Add in the 3.5 million unemployed ...
Week In Review – March 25 2019
Fed to the Markets: We’re Done!... The Federal Reserve held interest rates steady at its latest meeting, and then forecast no further rate hikes this year and only one next year. What it means – ...
Week In Review – October 1 2018
Federal Reserve Raises Short-Term Rates 0.25%… As widely expected, the Fed raised overnight interest rates to a range of 2.00% to 2.25%. What it means – The higher rates are no surprise, and it’s ...