The Conference Board reported a consumer confidence index score of of 122.9 in August – up from 120.0 in July. That was the strongest reading since March, when the index hit a 16-year high of 124.9.
Living the Hawaii life is about to get more expensive Federal Reserve Bank of New York reappoints president The Federal Reserve Bank of New York, one of the most high-profile positions in the U.S. Federal Reserve System, has named John C. Williams as its new president and CEO. He replaces William C. Dudley, who is retiring in june. recruitment firms spencer stuart and bridge partners led the assignment.Hawaiian home prices and mortgage rates are expected to increase over the next two years, making it a little more expensive to live the "lei’d" back lifestyle.
House price-growth remained tepid in February, with values rising just 0.4 percent from a year earlier. s chief economist. GfK’s consumer-confidence index remained deep in negative territory this.
Consumer. confidence hit 122.1 in December, slightly below the 17-year high set in November, 128.6, according to the Conference Board’s index released Wednesday. "Despite the decline in confidence,
Greenspan: End of tapering will cause market turmoil FHA’s Montgomery says more flexible condo rules are coming Federal Housing Administration Commissioner Brian Montgomery said the agency is currently working to revise its condominium approval rules and that he expects a final rule to be announced soon. Speaking before 100 representatives from the National Association of Realtors at a meeting last week about regulatory issues in housing, Montgomery said the agency is actively [.]Rising rates now pose a problem for financial markets.. a spasm similar to the 2013 “taper tantrum,” the bond market up-spike to then. The Fed has made it clear that “neutral” is a Fed Funds rate of 3%, coming right before the year end retail holiday shopping season, Expect Market Volatility to Return.
· Consumer confidence increased to its highest level since October 2000 (Index, 135.8), following a modest improvement in July. Consumers’ assessment of current business and labor market.
The benchmark 30-year rate pushed toward the significant 5% level. to improve and bolstered consumer confidence. Still, "inflationary pressures and the prospect of (mortgage) rates approaching 5%.
US consumer confidence hits highest level since November. near a 50-year low. Consumer spirits remained high even though the Dow Jones industrial average is down more than 3% this month.
Freddie Mac: mortgage interest rates rose again last week Mortgage News Daily provides the most extensive and accurate coverage of the mortgage interest rate markets.. FHFA / Freddie Mac / MBA Report Date. Mortgage rates rose today, largely in.
Consumer confidence faded for the fifth straight week in a row, hitting its lowest level in more than a year as the nation’s economic outlook shifted. Per Bloomberg: The Bloomberg Consumer Comfort.
Santa Clara County home prices rose in August REO-to-rental market quickly becoming asset class REO to rental : the creation of a new asset class and the transformation of the American single family landscape.. A new market was born and fast maturing. In the early days skeptics permeated the space while investors looked to further formalize the hundreds of millions already invested.”This is supposed to be summer,” Kemper said, normally a time at or near the height of the home sales season. The county’s median sales price for a single-family. San Mateo and Santa Clara,
The index was up 7.9 percent on January last year at 105.1. was "meaningfully above" the average level seen since 2013, corroborating some of the strength observed in November’s retail sales.
WASHINGTON (MarketWatch) – Consumers confidence strengthened in August to the second highest level. for consumer spending in the third quarter. Spending by households has contributed to.
Consumer confidence. climbed to 71.9, its second-highest level since August 2007. For the under $50,000 category, it fell to 34.5 last week from 36.1. The 37.4-point gap is the second-biggest.
· A gauge of U.S. consumer confidence rose to the highest level in nearly a year in August, suggesting that household spending will remain a key support for the economy.
British consumer confidence surged this month to its highest level in a year as more households expected their finances to improve in the coming 12 months, a survey showed on Thursday.
In the current cycle, consumer confidence peaked in March 2018, according to University of Michigan’s survey of consumer confidence at a reading of 101.4. The sell-off at the end of last year lowered.