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US Stock Markets

Tuesday – May 3

U.S. Stock markets are plunging today after weak economic data abroad signals that the global economic slowdown has resurfaced. News from China showed a slowdown in its manufacturing sector, while Australia unexpectedly lowered its benchmark interest rate, signaling that the country may be in worse economic shape than expected. 196 more words

Mortgage News

Monday May 2, 2016

Monday – May 2

National manufacturing expanded for the second straight month in April after seeing contracting numbers early in 2016. The Institute for Supply Management reported that its ISM Manufacturing Index fell to 50.8 last month, from the 51.8 in March. 217 more words

Mortgage Banking

Habits That Will Boost Your Credit Score

Habits That Will Boost Your Credit Score

  • April 29, 2016

If you’re aiming to buy a home this year, chances are you’re taking a look at your credit score and wondering how to give it a boost. 283 more words

Mortgage Banking

Consumer Attitudes

Friday – April 29

Inflation met tame expectations in March as the Core Personal Consumption Expenditures (PCE) rose an anemic 0.1%, down from the 0.2% in February. 226 more words

Mortgage Banking

Economic Analysis

Thursday – April 28

The Bureau of Economic Analysis reported today that first quarter 2016 Gross Domestic Product (GDP) rose by an anemic 0.5% versus the 0.9% expected and down from the 1.4% in the final quarter of 2015. 221 more words

Mortgage Banking

Pending Home Sales Increase

Wednesday – April 27

After a weak reading for New Home Sales earlier in the week, signed real estate contracts for existing single-family homes, condos and co-ops rose in March for the second consecutive monthly gain. 202 more words

Mortgage Banking

Home Price Gains

Tuesday – April 26

Home price gains continued in February, though moderation has been seen in some regions. The February Case-Shiller 20-city Home Price Index rose 5.4% from February 2015, below the 5.6% expected. 182 more words

Mortgage Banking