New You Can Use - Real Estate and Relocation News
  • Wells Fargo Keeping Current 10.19.2018

    Payrolls grew by 134,000 jobs in September, well below the average monthly gain of 217,600 jobs posted in the first eight months of 2018.
    Meanwhile, the payroll increases for July and August were revised up by a total of 87,000 jobs from last month's estimates.

    The unemployment rate fell from 3.9% in August to 3.7% in September, its lowest level since the 3.5% reading in December 1969 – almost 50 years ago.

    The cycle peak of 10.0% was reached in October 2009. Read more

    Wells Fargo Keeping Current 10.5.2018Relocation Today is Your Resource

    The Federal Reserve raised its target range for the federal funds rate on September 26, its third 25-basis point increase this year. The target
    range, the Fed's primary policy lever for short-term interest rates, is now 2.00% to 2.25%. The target range was 0.00% to 0.25% from December 2008 until December 2015.

    The yield on 10-year Treasury securities, a leading guidepost for pricing mortgages, closed at 3.15% on Wednesday, October 3, its highest level since early July 2011. It averaged 3.00% in September; in September 2017, it averaged 2.12%.  Read More

    Wells Fargo Keeping Current 9.21.2018

    After four consecutive months of declines, the pace of existing home sales held steady in August, maintaining July's annual rate of 5.34
    million units sold. Sales during the first eight months of 2018 were 1.2% below sales in the same period last year.
    The median price of existing homes sold in August was $264,800, a 4.6% increase over the median price of homes sold in August 2017 Read more

    Zing Market Update 9.10.2018 By Quicken Loans

    Manufacturing Good, Stocks Down – Market Update by Kevin Graham -  Economic Analysis

    Football is back, so I spent the vast majority of the day yesterday parked in front of the TV, taking it all in. My Detroit Lions play in the first Monday night game tonight. Could this finally be the year for the Honolulu blue and silver? I guess the first mission is to take down New York tonight.

    On balance, were the market and overall economy winners or losers last week? Or did it end in a sort of mixed tie, as happened for fans in Pittsburgh and Cleveland yesterday? Let's find out!  Read More

     Wells Fargo Keeping Current 9.7.2018

    The economy grew at a 4.2% annual rate during the second quarter, an acceleration from the first quarter's 2.2% pace and the strongest
    performance in almost four years. The average annual growth rate so far during the current nine-year expansion is 2.3%.

    Personal consumption expenditures rose at a 3.8% annual rate in the second quarter, up from the first quarter's 0.5% gain. Over the pastyear, consumption is up 2.6%. Its average annual rate over the past five years is 2.9%. Read More

     

New You Can Use - Real Estate and Relocation News
  • Wells Fargo Keeping Current 10.19.2018

    Payrolls grew by 134,000 jobs in September, well below the average monthly gain of 217,600 jobs posted in the first eight months of 2018.
    Meanwhile, the payroll increases for July and August were revised up by a total of 87,000 jobs from last month's estimates.

    The unemployment rate fell from 3.9% in August to 3.7% in September, its lowest level since the 3.5% reading in December 1969 – almost 50 years ago.

    The cycle peak of 10.0% was reached in October 2009. Read more

    Wells Fargo Keeping Current 10.5.2018Relocation Today is Your Resource

    The Federal Reserve raised its target range for the federal funds rate on September 26, its third 25-basis point increase this year. The target
    range, the Fed's primary policy lever for short-term interest rates, is now 2.00% to 2.25%. The target range was 0.00% to 0.25% from December 2008 until December 2015.

    The yield on 10-year Treasury securities, a leading guidepost for pricing mortgages, closed at 3.15% on Wednesday, October 3, its highest level since early July 2011. It averaged 3.00% in September; in September 2017, it averaged 2.12%.  Read More

    Wells Fargo Keeping Current 9.21.2018

    After four consecutive months of declines, the pace of existing home sales held steady in August, maintaining July's annual rate of 5.34
    million units sold. Sales during the first eight months of 2018 were 1.2% below sales in the same period last year.
    The median price of existing homes sold in August was $264,800, a 4.6% increase over the median price of homes sold in August 2017 Read more

    Zing Market Update 9.10.2018 By Quicken Loans

    Manufacturing Good, Stocks Down – Market Update by Kevin Graham -  Economic Analysis

    Football is back, so I spent the vast majority of the day yesterday parked in front of the TV, taking it all in. My Detroit Lions play in the first Monday night game tonight. Could this finally be the year for the Honolulu blue and silver? I guess the first mission is to take down New York tonight.

    On balance, were the market and overall economy winners or losers last week? Or did it end in a sort of mixed tie, as happened for fans in Pittsburgh and Cleveland yesterday? Let's find out!  Read More

     Wells Fargo Keeping Current 9.7.2018

    The economy grew at a 4.2% annual rate during the second quarter, an acceleration from the first quarter's 2.2% pace and the strongest
    performance in almost four years. The average annual growth rate so far during the current nine-year expansion is 2.3%.

    Personal consumption expenditures rose at a 3.8% annual rate in the second quarter, up from the first quarter's 0.5% gain. Over the pastyear, consumption is up 2.6%. Its average annual rate over the past five years is 2.9%. Read More