The recent low jobs report and Brexit decision could cause economic uncertainty. However, a recent report from Capital Economics shows there is nothing to fear. In fact, the economy is nearing full employment and GDP continues to increase.
The likelihood of a Federal Reserve interest rate hike in 2015 just got even more unlikely, with September job creation cratering to a weak 142,000, well below analyst expectations. Here's what it means for housing and what it portends for the larger economy.
Employers stomped on the brakes in March, adding a mere 126,000 jobs and dragging the monthly average for the first quarter down to less than 200,000 per month. Think the Fed will hike rates if the downtrend continues?
One media report quoted DeMarco as saying that in the past year we have seen a renewed policy focus on questions regarding access to credit, which, in his view can risk repeating the approach that contributed to the financial crisis. There are many other warning signs, as well.
Is there a housing bubble forming? Where are home prices heading? What about starts? What are the growth prospects for non-agency? Housing experts at ABS Vegas offered their answers, and now you can read them.
The small uptick this past month may be another positive sign that a strengthening economy is bringing discouraged workers back into the workforce, but workforce participation does remain below the 2010-2014 average. Here are the details.
Many of these 50 winners are leading their companies from the C-Suite, deciding overall strategy for their organizations and staking out new territory. Others are contributing through innovation, product development, process enhancements and big data analysis.
Until recently, the few dozen tiny communities across the country were run largely by proponents of tiny living who had banded together or as affordable housing for the homeless. But that all started to change in 2014, when creating tiny house communities started gaining momentum among some traditional builders who want to have a stake in the new trend.
The importance of communication with the consumer cannot be overstated. In addition to the required disclosures, the lender should ensure that guidelines include informing consumers that their payment will increase upon full assessment and that an escrow overage may be sent to them if the reassessment does not occur by the time they receive their first escrow analysis.