Month: November 2019

That famous line describes the current wonderful backdrop for housing and the overall U.S. economy. Many are wondering what lies ahead for housing as we enter 2020. There are many reasons why the U.S.... »
Read More of the post A Great Housing Backdrop

“Looking ahead, my colleagues and I see a sustained expansion of economic activity, a strong labor market, and inflation near our symmetric 2% objective as most likely.” – Fed Chairman Jerome Powell, November 13,... »
Read More of the post A Goldilocks Economy

Right now, the biggest news story to follow is the U.S. and China trade negotiations. This past week, home loans started inching higher but were "saved" momentarily midweek when reports came out suggesting a... »
Read More of the post How Fast Rates Can Change

This past week the Federal Reserve cut the Fed Funds Rate for the third time this year, by .25%. Along with the rate cut, the Fed released a statement that suggested a "pause"... »
Read More of the post Fed Takes Action