No matter what you call it, the conflict in Ukraine is creating worldwide macroeconomic events that will trickle down to every segment of the economy over the course of the year. Knowing this, the Economic and Strategic Research Group (ESR) at ...
Read More »Federal Reserve Increases Interest Rates
The Federal Reserve raised the nominal interest rate on Wednesday, for the first time since 2018, citing factors such as surging inflation and the growing military conflict in Ukraine.
Read More »Is a New Normal on the Horizon?
A “new normal” may be on the horizon after a tumultuous year in 2021 which saw a conflagration of market trends reach new highs, and lows, which have continued into 2022. According to the Economic and Strategic Research Group (ESR) ...
Read More »‘Fear of Missing Out’ May Help Drive Housing Market
According to First American, more may be entering the purchase market soon, as rate hikes may be on the horizon.
Read More »Consumers Indicate Now Is The Time To Sell
Fannie Mae’s latest iteration of the monthly Home Purchase Sentiment Index (HPSI) fell by a slight 0.5 points to 74.2 in December as consumers wildly differed on whether it is a good time to buy or sell a home and their outlook on the economy. When combined, these metrics ...
Read More »Where Fannie Mae Thinks the Market Is Headed
In its latest forecast, the GSE predicts a short-term tightening of the Federal Reserve’s policies and an interest rate hike in late 2022.
Read More »The Fed: No Changes to Interest Rates
Although deciding on keeping the benchmark rate as is, the outlook heading in 2020, and even in 2021, is a different story.
Read More »OCC Shines Light on Outstanding Mortgage Debt
Here’s what the Office of the Comptroller of Currency’s report on the country’s mortgage performance revealed about the state of mortgage servicing and delinquencies across the nation.
Read More »President Trump Promised Jobs, Recent Employment Report Delivers
In his first address to Congress at the end of February, President Trump reiterated his commitment to growing U.S. jobs. The most recent report from the Bureau of Labor Statistics shows that during Trump’s first-full month as president employment increased by 235,000 jobs.
Read More »NY Fed President Dudley Reverses Interest Rate Hike Forecast
The uncertainty surrounding the highly anticipated interest rate hike has kept the industry on its toes about just when the Federal Open Market Committee will raise rates, but New York Fed President William Dudley has recently reversed his initial forecast for the increase, presenting even more skepticism.
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