New You Can Use - Real Estate and Relocation News
  • Wells Fargo Monthly Outlook 7.11.2018

    Shifting Trade Winds Not Yet Blowing GDP Off Course GDP growth looks to have roared back after a soft first quarter. A sharp narrowing in the trade deficit and pickup in consumer
    spending have propelled our estimate of Q2-GDP to 4.7 percent.

    News

    A resilient pace of hiring underlines the current strength of the economy. Employers added another 213,000 jobs in June, which was right in line with the first half of the year and up from an average of 182,000 in 2017. Read More

    Wells Fargo Keeping Current 6.29.2018

    Housing starts in May had its strongest month in almost 11 years, rising 5.0% to a seasonally adjusted annual rate of 1.350 million units. Singlefamily starts were up 3.9% to a pace of 936,000 units.

    Year-to-date, housing starts are up 11.0% over the first five months of 2017. Single-family starts are 9.8% higher, and multifamily starts are
    13.7% above starts from 2017. Read more

    Wells Fargo Keeping Current 6.15.2018

    The Federal Reserve raised its target range for the federal funds rate on June 13, its fifth 25-basis point increase since early 2017. The target range, the Fed's primary policy lever for short-term interest rates, is now 1.75% to 2.00%. Read more

    Wells Fargo Monthly Outlook June 6, 2018

    Keeping Current 6-1-2018The U.S. Economy Springs Forward Expectations for near-term growth have been ramped up significantly following favorable reports on April international trade and consumer spending. The May employment data reinforced this view, with employers adding 223,000 jobs and the unemployment rate falling to 3.8 percent. Read more

    Existing home sales fell 2.5% in April to a seasonally adjusted annual rate of 5.46 million units. Year-to-date, sales are down 0.7% relative to the first four months of 2017.   About 1.8 million properties were on the market in April, down 6.3%  from the inventory level in April 2017. The median price of existing homes sold was $257,900, a 5.3% gain over the past year. Read more
    Wells Fargo Weekly Economic & Financial Commentary May 21, 2018

    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 - March 30, 2018

    Employment 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

    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.

New You Can Use - Real Estate and Relocation News
  • Wells Fargo Monthly Outlook 7.11.2018

    Shifting Trade Winds Not Yet Blowing GDP Off Course GDP growth looks to have roared back after a soft first quarter. A sharp narrowing in the trade deficit and pickup in consumer
    spending have propelled our estimate of Q2-GDP to 4.7 percent.

    News

    A resilient pace of hiring underlines the current strength of the economy. Employers added another 213,000 jobs in June, which was right in line with the first half of the year and up from an average of 182,000 in 2017. Read More

    Wells Fargo Keeping Current 6.29.2018

    Housing starts in May had its strongest month in almost 11 years, rising 5.0% to a seasonally adjusted annual rate of 1.350 million units. Singlefamily starts were up 3.9% to a pace of 936,000 units.

    Year-to-date, housing starts are up 11.0% over the first five months of 2017. Single-family starts are 9.8% higher, and multifamily starts are
    13.7% above starts from 2017. Read more

    Wells Fargo Keeping Current 6.15.2018

    The Federal Reserve raised its target range for the federal funds rate on June 13, its fifth 25-basis point increase since early 2017. The target range, the Fed's primary policy lever for short-term interest rates, is now 1.75% to 2.00%. Read more

    Wells Fargo Monthly Outlook June 6, 2018

    Keeping Current 6-1-2018The U.S. Economy Springs Forward Expectations for near-term growth have been ramped up significantly following favorable reports on April international trade and consumer spending. The May employment data reinforced this view, with employers adding 223,000 jobs and the unemployment rate falling to 3.8 percent. Read more

    Existing home sales fell 2.5% in April to a seasonally adjusted annual rate of 5.46 million units. Year-to-date, sales are down 0.7% relative to the first four months of 2017.   About 1.8 million properties were on the market in April, down 6.3%  from the inventory level in April 2017. The median price of existing homes sold was $257,900, a 5.3% gain over the past year. Read more
    Wells Fargo Weekly Economic & Financial Commentary May 21, 2018

    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 - March 30, 2018

    Employment 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

    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.