Review of Key Economic Data released in February 2018 that is important to the Mortgage Industry. For being a cold dreary month, February had a lot happening: Stock Market volatility, the Olympics, a new Fed Chairman, the changing value of the American dollar. Mortgage People don’t typically watch currency fluctuation because our business is focused

Review of Key Economic Data from January 2018 for Mortgage Professionals. January usually gets off to a slow start as people recover from the Holidays, but there was a lot going on last month that affects the Mortgage Business. The Government shutdown lasted only a couple days because Congress was able to hammer out a

Brief Review of Key Economic Indicators that Affect the Mortgage Industry released in December 2017   2018 starts off with healthy stock, labor, and housing markets….and a new tax bill. Speaking of the markets, let’s look at some rough numbers from 2017. Home prices increased slightly over 6.0% last year, but everything else only increased

Brief Review of Key Economic Data Released in November 2017 that Affect the Mortgage Industry.   2017 is rapidly coming to a close, but there was a lot of good news in November for the Mortgage Industry. There are major changes are coming to the CFPB and Federal Reserve. Black Friday and Cyber Monday sales

September 2017 Key Economic Indicators Important to Mortgage Professionals Mark Paoletti,  MPaoletti@MortgageElements.com   The 2017 Hurricane season has been one of the worst on record and it’s not over. October still has the potential to generate more storms. Besides the Hurricanes, a lot news hit during September: more proposed changes to the tax code, typical North Korean shenanigans,

Key Economic Indicators, Data, and Events Released in August 2017 that Affect the Mortgage Industry August is considered the “Dog Days of Summer,” but this August was very eventful. Hurricane Harvey devastated Houston, major changes to the Federal Tax Code were proposed, gasoline prices jumped, the DOW hit another record high, North Korea continued its

Key Economic Indicators, Data, and Events that Affect the Mortgage Industry for August 2017 It’s August and kids will be going back to school soon. Speaking of going back – are we back to 2006 with “Asset Inflation” creating another bubble in Real Estate? Real Estate and stock prices have been on an upward trajectory for

Economic Commentary and Calendar July 2017 It’s July and we are officially in the lazy days of summer. According to the latest Economic Indicators, inflation and wages have been increasing about 2.0% to 2.5% a year since 2013. However, home prices have been rising 6.0% per year in that same time frame. Home prices can’t

June Commentary Recapping the Key Economic Indicators, Data, and Events in May 2017 that Affect the Mortgage Industry Memorial Day was Monday marking the beginning of Summer. Along with warmer temps and brighter days, the Economy also looks bright according to the latest Economic Indicators. According to the latest Economic Indicators and Data, Homes are