Posts Covering Economic News

Equifax breach just another page in the sordid history of credit bureaus

Equifax is making headlines for all the wrong reasons. Where did the credit bureaus come from, anyway, and how did they get so much of your information?

Equifax data breach victim? Here’s what to do today to protect yourself

Equifax data breach sparks firestorm of consumer concerns 143 million. That's how many U.S. consumers are potentially affected by a data breach of consumer credit reporting agency Equifax. Nearly two-thirds of the adult U.S. population. The disturbing thing about the latest breach — in what seems to be a neverending stream of breaches — is that thieves had […]

Housing starts fall in July. When will home inventory catch up with demand?

Started homes dropped slightly in July, which doesn't help the home buyer's plight: not enough homes to buy.

Why Are Mortgage Rates Still So Low?

The economy is heating up, and the Fed is on a firm rate-hike schedule. So why aren't consumer mortgage rates rising? Analysis and advice.

Housing Starts Bounce Back in June, But Is It Enough?

New construction home building is showing signs of life. Still, home builders admit severe challenges to building, and demand outstrips supply.

Mortgage Rates Break Winning Streak

Mortgage rates bumped up again this week, breaking a nearly 2-month journey below 4%. Is it time to capture still-low rates?

Mortgage Rates Take Hiatus From 8-Week Slide

Mortgage rates bumped up this week, but maintain their 7-week streak below 4%. Is it time to capture one of history's lowest rates?

Better Deal On New Homes Because Of This Emerging Trend?

New construction is showing signs of weakness after the third straight month of declines. Are deals about to re-appear in the marketplace?

Mortgage Rates Hold Below 4% For Fourth Straight Week

For the second week in a row, mortgage rates have dropped to their lowest levels of the year. It presents another opportunity for mortgage shoppers.

Mortgage Rates Drop Ahead Of Comey Testimony

For the second week in a row, mortgage rates have dropped to their lowest levels of the year. It presents another opportunity for mortgage shoppers.

Mortgage Rates Improve On Dismal Job Numbers

The May Non-Farm Payrolls report shows weakness in the economy. But is it enough to deter the Fed from its rate hike plans?

Federal Reserve On Track To Raise Rates In June Thanks To April Jobs Report

The April Non-Farm Payrolls report gives the Federal Reserve the fuel it needs to raise rates again in June. The job market is back on track.

How The French Election Will Change Mortgage Rates

France's exit from the EU, or "Frexit", could spur financial turmoil and lower mortgage rates. The French election could be the first step in that process.

This Is How To “Play” Bad Economic Reports As A Mortgage Shopper

The March Non-Farm Payrolls report was "bad". But that means mortgage rates are dropping. How to get a lower rate when economic reports are weaker than expected.

You Can Expect A Fed Rate Hike In March, Thanks To The Jobs Report

The February Non-Farm Payrolls report all but locked in a rate hike by the Federal Reserve in March. Should you lock your mortgage rate? Insight and analysis.

January Jobs Report Is Helping U.S. Mortgage Shoppers

The January Non-Farm Payrolls report shows how important inflation data is for mortgage rates. Job growth was strong, while wages lagged, helping rates.

Mortgage Rates Rise On Reignited Inflation Concerns

The December Non-Farm Payrolls report shows the fastest wage growth in nearly seven years. Inflation worries abound, and that's pushing up mortgage rates.

Mortgage Rates Drop On Soft Jobs Data

The November Non-Farm Payrolls report shows a slowdown in wage growth. Inflation fears abate; mortgage rates drop.

Mortgage Rates On Edge After October Jobs Report

The October Non-Farm Payrolls report shows rising wages throughout the economy. That could lead to inflation, and a December Fed rate hike.

Mortgage Rates Dropping After September Jobs Report

The September Non-Farm Payrolls report allayed fears of a November rate hike from the Fed. But the job market is showing signs of strength. Will rates rise?

2017 Conforming, FHA, & VA Loan Limits

Mortgage loan limits for every U.S. county, as published by Fannie Mae & Freddie Mac, the Federal Housing Administration (FHA), and the Department of Veterans Affairs (VA)