What The Dodd Frank Rollbacks Mean for You, and…
Lots of news; not much movement. On Monday, the December personal income number came out 0.3% higher and spending was up 0.5% – not really interest- rate moving, but ironic that we earn 0.3% more and spend 0.5% more. Then Wednesday, the Institute of Supply...
Interest Rates Flat but Slightly Better . . .
This week had mostly weaker than expected economic data which helped interest rates only slightly. Tuesday the Existing home sales for December were weaker than expected, down 2.8%. Thursday the initial weekly jobless claims jumped up 22k to 259k and the December new...
Rates May Be on the Rise
This week held a lot of good news (and some not so good) that points to a stronger economy. So sorry… Why do I say sorry? Because when the economy looks stronger, that means rates might go up. Wednesday, the Consumer Price index or CPI was announced, and that number...