Forecast

June 15, 2021

6/15/21

 

 

Did You Know?

Before the pandemic, U.S. companies were borrowing heavily at low interest rates. When Covid-19 lockdowns triggered a recession, they borrowed even more at lower rates. After a brief spike, interest rates on corporate debt plummeted to their lowest level on record, bringing a surge ...

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Posted in Forecast
April 29, 2021

4/29/21

 

 

 

DID YOU KNOW?

Mortgage application volume fell 2.5% last week from the previous week, according to the Mortgage Bankers Association. Mortgage applications to purchase a home fell 5% last week. Applications to refinance a home loan fell 1% for the week, despite the lowest interest rates ...

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Posted in Forecast
March 31, 2021

3/31/21

 

 

 

DID YOU KNOW?

A $2 trillion infrastructure bill could improve the roads, bridges, internet, etc around the US dramatically and be an enormous driver of economic activity. One area that concerns many is how to pay for this (along with the other multiple trillions of recent borrowing). The ...

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Posted in Forecast
March 19, 2021

3/19/21

 

 

 

DID YOU KNOW?

Restaurant and hotel bookings are up. Airplane tickets are selling fast. Consumers spent more on gyms, salons, and spas in recent weeks than they have since the coronavirus pandemic began. The U.S. economic recovery is picking up steam as Americans increase their spending ...

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Posted in Forecast
March 16, 2021

3/16/21

 

 

 

DID YOU KNOW?

Around 75% of those taking out a mortgage in the fourth quarter of 2020 had a credit score above 760......that is up from around 60% in the fourth quarter of 2010 ......and up from around 26% in the 4th quarter of 2005 the peak of ...

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Posted in Forecast
March 8, 2021

3/8/21

 

 

 

DID YOU KNOW?

The US Labor Department reported an encouraging 379,000 net jobs in February. Private payrolls were up an even more impressive 465,000. Add net upward revisions of 38,000 for the two previous months, including 117,000 more jobs in January, and the ...

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Posted in Forecast
Jan. 13, 2021

1/13/21

 

 

 

 

DID YOU KNOW?

Look out for A+ air quality systems in homes to become a KEY amenity in real estate: Improving ventilation typically involves some combination of letting in more fresh air, upgrading air filtration systems, and installing technologies like UV light to kill those pathogens ...

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Posted in Forecast
Jan. 5, 2021

1/5/21

 

 

 

DID YOU KNOW?

Many industry observers believe mortgage rates will remain below 3% in 2021 as the Fed uses low rates to combat the economic effects of the COVID. If you think that's low, Denmark is offering 20-year mortgages at 0%....

 

 

DID YOU KNOW ...

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Posted in Forecast