In the Know

What’s Ahead For Mortgage Rates This Week – September 25th, 2017
Posted Monday September 25, 2017 in Mortgage Rates

Last week’s economic news included readings on housing starts, building permits issued and sales of pre-owned homes. The Fed’s Federal Open Market Committee issued its customary post-meeting statement and Fed Chair Janet Yellen gave a press conference. Weekly readings on mortgage rates and new jobless claims were also released.

5 Surprisingly Stylish Ways to Improve Your Living Room’s Look Using Wallpaper
Posted Thursday August 24, 2017 in Around The Home

From a sophisticated couch to a stunning art print, there are plenty of ways that you can dress up your living room and instantly change its vibe. You may not realize it, but wallpaper is back in fashion and becoming another popular way to instantly re-vamp a room. If you’re contemplating ways that wallpaper can benefit your space, here are some options you may want to try out.

NAHB: Builder Sentiment Surges in August
Posted Wednesday August 16, 2017 in Home Values

Home builder confidence in housing market conditions surged in August after sagging to an eight-month low in July. The National Association of Home Builders reported a July reading of 68 in August after analysts expected a one- point increase from July’s Housing Market Index reading of 64. Any reading over 50 indicates that more builders consider housing market conditions positive than those who do not.

What’s Ahead For Mortgage Rates This Week – August 14, 2017
Posted Monday August 14, 2017 in Mortgage Rates

Job openings rose in June to 6.20 million as compared to May’s reading of 5.70 million job openings. Analysts said that increasing job vacancies show that employers are unable to find qualified workers. Business services, construction, health care and professional job sectors had the most job openings. Slow wage growth could be contributing to widespread job openings. Average wage growth has been running at approximately 2.50 percent, which is lower than the average of 3.50 to 4.00 percent typically seen during economic expansion.