Economic Report Archives - Page 8 of 10 - Mortgage and Refinance Broker, Queens NY

The Dog Days of Summer

August 15, 2017 August 15 is supposed to be right in the middle of the dog days of August. But we learned recently that the phrase “dog days of August” relates to the period that Sirius, a star known as the “Dog Star,” rises at the same time as the sun. This period is typically […]

Fed Meeting Amid Shortages

June 13, 2017 We have previously brought up the real estate listing shortages which seems to be constraining the real estate market while price growth continues. This shortage of real estate listings presents a major opportunity for builders. Of course, builders are facing several shortages as well and these are constraining their ability to keep […]

Alternative Reality

March 28, 2017 No, we are not delving into the world of science fiction. We can’t change what happened. But sometimes it is interesting to wonder what would have happened if an event did not take place. In this case, we are referring to the Federal Reserve Board raising short-term interest rates. As we have […]

The Fed Has Spoken

March 21, 2017 Since we spent the past several weeks explaining why the Federal Reserve Board was likely to raise rates last week, we can definitely say that the Fed’s decision was not a surprise — especially since the increase was limited to .25%, which was also expected. A disappointing jobs report could have caused […]

Optimism Versus Uncertainty

February 21, 2017 During the past few months we have had a very solid rally in the stock market, which has been accompanied by higher interest rates. Certainly, the economic results that have been released have not changed that much during that period, and thus we can conclude that the changes in the markets are […]

Where the Economy Stands

February 7, 2017 Certainly, this past week was one to get a good assessment of where the economy stands coming into the new year and a new Presidency. In the past week or so, we have had reports on overall economic growth for 2016; personal income and spending for December; the jobs report for January; […]

Where The Real Estate Market Stands

January 17, 2017 Last week we focused upon the employment situation in the long-term — looking back at 2016 and for the past eight to ten years. If there is one economic indicator which rivals the importance of the employment situation, it is real estate. Looking back, the real estate boom contributed to the great […]

Where We Stand

December 27, 2016. In our 30 years of writing this economic commentary, the one constant we can say about the economy is change. And there is no doubt that the rate of change has accelerated over the years. We had a huge housing boom just over 10 years ago, followed by a severe recession and […]

The Deed is Done

December 20, 2016. The Federal Reserve Board has spoken. The increase of .25% in short-term interest rates surprised absolutely nobody. However, the markets did not like the statement accompanying the increase which alluded to as much as three rate hikes in 2017. Of course, last year they talked about the same thing and we had […]

The Speculation Will End

December 13, 2016. The speculation will end. Almost. While most everybody is expecting an increase in short-term rates by the Federal Reserve Board’s Open Market Committee, there are two questions that remain. First, by how much will the Fed raise rates? If you have asked this question just a month ago, the prevalent answer would […]