WEEKLY UPDATE Weekly Review The stock market continued to advance into new record-high territory, boosted by releases from major third quarter corporate earnings reports. This past week marked the fifth consecutive weekly gain for both the Dow Jones Industrial Average and the S&P 500 Index despite a number of political and geopolitical anxieties among investors….
Tag: Mortgage Rates
Financial Friday – October 6th, 2017
WEEKLY UPDATE Weekly Review This past week the stock market continued to move higher with the NASDAQ Composite Index, the small-cap Russell 2000 Index, and the S&P 500 index recording new highs. Investors shifted their focus to the Trump administration’s announcement of a new tax plan that sounded beneficial to the economy and middle class,…
Financial Friday – September 29th, 2017
WEEKLY UPDATE Weekly Review This past week the stock market ended “mixed” with the Dow Jones Industrial Average and S&P 500 indexes recording marginal gains while the NASDAQ Composite Index slipped modestly lower. Investors were wary of continued rhetorical threats between President Trump and North Korean dictator Kim Jong-un who boasted North Korea would test…
Renters Warm to Homeownership, Despite Affordability Concerns
Renters are staunchly in favor of homeownership, and, though they have concerns about their ability to afford a home, more now believe it is easier to qualify for a mortgage. According to the latest SCE Housing Survey, part of the Survey of Consumer Expectations (SCE) by the Federal Reserve Bank of New York, 72.3 percent…