New You Can Use - Real Estate and Relocation News
  • Wells Fargo Weekly Economic & Financial Commentary May 21, 2018

    News

    The yield on 10-year Treasury securities, a leading guidepost for pricing mortgages, reached a daily average of 3.09% on Wednesday, May 16, its highest level since early July 2011. It averaged 2.33% during the last four months of 2017, and 2.79% during the first four months of 2018. Read More

    Wells Fargo Weekly Economic & Financial Commentary - April 20, 2018

    Wells Fargo Weekly Economic & Financial Commentary - March 30, 2018Employment expanded by 103,000 jobs in March, less than a third of the gain generated in February and well below 2017's monthly average
    gain of 182,300 jobs. Over the year ending in March 2018, employment grew 1.5%. Read more

    The economic data calendar largely focused on the consumer this week. The Conference Board's consumer confidence index

    cooled slightly from February's cycle high. The University of Michigan's measure of consumer sentiment is at a cycle high on
    upbeat consumers on the lower end of the income spectrum. Read more

    Federal Reserve Press Release in Plain English –  Zing By Quicken Loans March Blog

    - by Bob Walters, March 22, 2018, He makes a dry topic fun and easy to understand

    Wells Fargo Keeping Current 3-23-2018

    The Federal Reserve raised its target range for the federal funds rate on March 21, its fourth 25-basis point increase in little over a year. The target range, the Fed's primary policy lever for short-term interest rates, is now 1.50% to 1.75%. The target range was 0.00% to 0.25% from December 2008 until December 2015. Read more

    2017 Tax Cuts and Jobs Act – Impact on Mobility Programs - Tax Alert - December 27, 2017 Provided by GTN

    On November 2, 2017, H.R. 1, the "Tax Cuts and Jobs Act" was released. Fast forward to December 21, 2017, and the bill, now known as "An Act to provide for reconciliation pursuant to titles III and V of the concurrent resolution on the budget for fiscal year 2018" was presented to President Trump for signature. President Trump signed the bill into law on Friday, December 22, 2017. The broad changes will likely have a direct impact on the mobility industry.

    Some of the actions global mobility managers can take now and in the near future are:  Read More:

     Wells Fargo - Weekly Econimic & Financial Update 12-15-17

    On December 13,  the Federal Reserve raised its target range for the fed funds rate by 25 basis points, to a range of 1.25% to 1.50%. The move was widely expected by financial markets, but it wasn't unanimous –two of the FOMC's nine voting members would have preferred no
    change in the target range. It was the third quarter-point increase this year in the target range, which started 2017 at 0.50% to 0.75%. Read More

    Wells Fargo - Weekly Econimic & Financial Update 11-17-17

    Employment grew by 261,000 jobs in October, its strongest monthly increase in over a year. An average of 168,500 jobs has been added per month through the first 10 months of 2017, down almost 10% from the average monthly gain of 186,700 jobs in 2016. 

    • The unemployment rate fell to 4.1% in October, its lowest level since
    late 2000. In October 2016, the unemployment rate stood at 4.8%.

    Read More

     

New You Can Use - Real Estate and Relocation News
  • Wells Fargo Weekly Economic & Financial Commentary May 21, 2018

    News

    The yield on 10-year Treasury securities, a leading guidepost for pricing mortgages, reached a daily average of 3.09% on Wednesday, May 16, its highest level since early July 2011. It averaged 2.33% during the last four months of 2017, and 2.79% during the first four months of 2018. Read More

    Wells Fargo Weekly Economic & Financial Commentary - April 20, 2018

    Wells Fargo Weekly Economic & Financial Commentary - March 30, 2018Employment expanded by 103,000 jobs in March, less than a third of the gain generated in February and well below 2017's monthly average
    gain of 182,300 jobs. Over the year ending in March 2018, employment grew 1.5%. Read more

    The economic data calendar largely focused on the consumer this week. The Conference Board's consumer confidence index

    cooled slightly from February's cycle high. The University of Michigan's measure of consumer sentiment is at a cycle high on
    upbeat consumers on the lower end of the income spectrum. Read more

    Federal Reserve Press Release in Plain English –  Zing By Quicken Loans March Blog

    - by Bob Walters, March 22, 2018, He makes a dry topic fun and easy to understand

    Wells Fargo Keeping Current 3-23-2018

    The Federal Reserve raised its target range for the federal funds rate on March 21, its fourth 25-basis point increase in little over a year. The target range, the Fed's primary policy lever for short-term interest rates, is now 1.50% to 1.75%. The target range was 0.00% to 0.25% from December 2008 until December 2015. Read more

    2017 Tax Cuts and Jobs Act – Impact on Mobility Programs - Tax Alert - December 27, 2017 Provided by GTN

    On November 2, 2017, H.R. 1, the "Tax Cuts and Jobs Act" was released. Fast forward to December 21, 2017, and the bill, now known as "An Act to provide for reconciliation pursuant to titles III and V of the concurrent resolution on the budget for fiscal year 2018" was presented to President Trump for signature. President Trump signed the bill into law on Friday, December 22, 2017. The broad changes will likely have a direct impact on the mobility industry.

    Some of the actions global mobility managers can take now and in the near future are:  Read More:

     Wells Fargo - Weekly Econimic & Financial Update 12-15-17

    On December 13,  the Federal Reserve raised its target range for the fed funds rate by 25 basis points, to a range of 1.25% to 1.50%. The move was widely expected by financial markets, but it wasn't unanimous –two of the FOMC's nine voting members would have preferred no
    change in the target range. It was the third quarter-point increase this year in the target range, which started 2017 at 0.50% to 0.75%. Read More

    Wells Fargo - Weekly Econimic & Financial Update 11-17-17

    Employment grew by 261,000 jobs in October, its strongest monthly increase in over a year. An average of 168,500 jobs has been added per month through the first 10 months of 2017, down almost 10% from the average monthly gain of 186,700 jobs in 2016. 

    • The unemployment rate fell to 4.1% in October, its lowest level since
    late 2000. In October 2016, the unemployment rate stood at 4.8%.

    Read More