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December’s private payroll saw its biggest monthly increase in nearly 2 years, suggesting sustained strength in the labor market despite ongoing financial market volatility. Weak performance and volatility in stocks have driven investors to the...
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Early holiday shopping numbers are on track to break season records. However, stocks are still volatile and trending downward, despite the strong consumer spending. The reversal in stocks this year has helped mortgage rates improve from October levels....
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The Fed raised policy rates this week, but lowered the number of expected rate increases for 2019. Mortgage rates were basically unaffected by this rate hike. Stocks have been routed and fears over a slowing economy have taken over. As investors seek safety in...
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With talk of a partial government shutdown, I wanted to tell you a little bit about what you might expect if you have an upcoming closing or plan to start the process. Chances are good that a partial shutdown will not impact most borrowers. There are a couple of cases...
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It’s human nature to want to buy at the best price. Yet the optimal time is often a fleeting moment that can be identified only in hindsight. In reality, we often are most consumed with purchasing at exactly the wrong time. Conversely, the best times to buy are...
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The Fed’s plans to continue raising policy rates next year may be on hold. However, a policy rate hike at next week’s FOMC meeting is still likely. The core consumer price index, which is a key measure of inflation, picked up in November. Inflation could...
