Items Tagged with 'Navy Federal Credit Union'


  • Recession fears diminish as the nation approaches a Goldilocks economy

    This is what experts say Q1's GDP growth means for the nation's economy
    For months, several reports indicated the U.S economy was quickly approaching what many feared to be a recession. However, Friday’s Gross Domestic Product report produced by the Bureau of Economic Analysis signaled the economy was strengthening. So, why are economists citing Goldilocks?
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  • Falling mortgage rates propel 4.5% growth in new home sales

    Sales rise 3% above 2018 levels
    In March, new home sales rose 4.5% from February’s revised rate of 662,000, according to the latest report from the Census Bureau and the Department of Housing and Urban Development. Despite this growth, Navy Federal Credit Union Corporate Economist Robert Frick says there are still far too few homes being built.
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  • Here are the best workplaces in financial services

    Fortune ranks the best of the best
    Fortune and Great Place to Work have released the winners of this year’s award for the best workplaces in financial services, featuring companies both large and small that are known for valuing their employees and championing innovation. Here are the companies operating in the mortgage space that made the cut.
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  • Housing starts heat up in January, climb whopping 18.6%

    Housing starts increase to 1.23 million in January
    Housing starts significantly heated up in January, according to the latest report from the U.S. Dept. of Housing and Urban Development and the U.S. Dept. of Commerce. First American Chief Economist Mark Fleming said the 18.6% monthly increase in housing starts reflects rising consumer sentiment and builder confidence.
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  • Glassdoor: These are the 2019 best places to work in housing and mortgage finance

    Multiple companies in the housing space make the employee-reviewed cut
    Glassdoor, the workspace-satisfaction ratings website, recently announced the winners of its 2019 Employees’ Choice Awards for the Best Places to Work, recognizing multiple companies in the housing space. Find out which of the companies we work with made the cut.
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  • Navy Federal Credit Union names Mary McDuffie president and CEO

    McDuffie promoted from chief operating officer
    Navy Federal Credit Union is about to have a new leader. The world’s largest credit union announced Thursday that it is promoting Mary McDuffie to serve as its new president and CEO. Previously, McDuffie served as the credit union’s chief operating officer.
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  • Multifamily volatility drags down housing starts

    Single-family construction remains solid
    Housing starts decreased 5.3% in September, according to the latest report from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. Scott Volling, Principal, PwC said regional results indicate that weather may have had an impact on housing starts.
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  • Housing starts drop 12.3% in June

    Labor and supply holding construction back
    Housing starts fell 12.3% in June, indicating tariffs and taxes are a deterrence to continual growth, according to the latest report from the U.S. Census Bureau. LendingTree Chief Economist Tendayi Kapfidze said although 3-month average building permits are close to the highest level since 2007, labor shortages are weighing on building activity.
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