Articles Tagged with ''U.S. Bureau of Economic Analysis''

Freddie Mac: February forecast hints at a mortgage market slowdown

Freddie predicts lower mortgage rates will decelerate growth of total home sales
This year’s mortgage market is projected to grow modestly, as both mortgage and interest rates slide further, according to Freddie Mac’s February Forecast. Freddie Mac Chief Economist Sam Khater said single-family mortgage originations are expected to reach $1.69 trillion in 2019.
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Incomes rise 4% in third quarter

Second estimate leaves GDP growth unchanged
Real gross domestic product rose at an annual rate of 3.5% in the third quarter of 2018, according to the second estimate released by the U.S. Bureau of Economic Analysis.
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Waters and 18 legislators demand Federal Reserve continue to regulate megabanks

Ranking Member and Congressmen, D-Colo. Ed Perlmutter helps lead the charge
This week, members of Congress demanded the Federal Reserve maintain strong capital requirements for Global Systemically Important Banks. Ranking Member of the House Committee on Financial Services Maxine Waters, D-Calif., and Ranking Member of the House Committee on Financial Services Subcommittee on Terrorism and Illicit Finance Ed Perlmutter, D-Colo., led the charge.
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Freddie Mac: Mortgage rates continue to inch higher

The 30-year fixed-rate increases for second consecutive week
Mortgage rates continue to slightly increase, according to Freddie Mac’s latest Primary Mortgage Market survey. Freddie Mac Chief Economist Sam Khater said weakening affordability is hindering prospective buyers, but the good news is that purchase mortgage applications have now rebounded to 2017 levels.
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GDP growth even stronger than last quarter

But gross domestic income slowed considerably
As it turns out, real gross domestic product increased at an annual rate of 4.2% in the second quarter of 2018, according to the revised, second estimate released by the U.S. Bureau of Economic Analysis.
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