Retail Sales Weak In December; Home Affordability Gets A Boost
Mortgage rates are easing lower this morning on just-released, slightly worse-than-expected Retail Sales data from December 2010.
Mortgage rates are easing lower this morning on just-released, slightly worse-than-expected Retail Sales data from December 2010.
According to The Conference Board, economic confidence is as high as it's been since August 2007 -- 4 months before the start of the recession. Americans are optimistic again. It's good for home prices but bad for mortgage rates.
Consumer Sentiment has been on the rise since last February and it's something to which home buyers should pay attention. The affordability of your next home may hinge on consumer confidence.
The Federal Open Market Committee voted to leave the Fed [...]
The Federal Open Market Committee voted to leave the Fed [...]