Monday, May 20, 2019 Latest Real Estate News
Federal Reserve
Market Reacts To Federal Reserve Interest Rate Decision
  • Higher Mortgage Rates Keep Economy Afloat
  • On a year on year basis, the current rate is lower compared to 3.68 percent at the same last year. The housing market remained steadfast while the rest of the economic factors had dipped in volume. For its part, residential construction spending, remodeling spending and other related transactions grew by 14.8 percent.
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Janet Yellen Testifies Before House Financial Services Committee
Market Reacts To Federal Reserve Decision To Raise Interest Rates
  • Federal Reserve Did Not Increase Rates by End of January
  • A recent U.S. News article mentioned the Federal Reserve, which raised its federal funds rate for the first time in 10 years last December, didn't raise the rates by the end of January, and now it seems like the slow-moving world economy will help keep U.S. mortgage rates down for quite a while. As the Fed regulated the short term rates, the long-term rates that guides fixed-rate mortgages are controlled by investors' insights about the upcoming circumstances.
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Credit Crunch Threatens Economy
Dow Jones Industrial Averages Rises Along With Price Of Oil
Residential Construction At Record Highs
Home Sales Increase Slightly As Prices Drop
Pending Home Sales Drop To Lowest Level In Three Years
Federal Reserve Raises Key Interest Rate For First Time Since 2006
US New Home Sales Rise To Highest Level In Seven Years
General Views of Hong Kong
Mortgage Workshop Held Homeowners In Financial Need
New Home Construction At The Highest Level In 17 Years
Yellen Testifies At Joint Economic Committee Hearing On Economic Outlook
New York And New Jersey Continue To Recover From Superstorm Sandy