Is the glass half empty or half full? Neither, it’s just the wrong size!
I’m not claustrophobic, I just prefer to live outside the box.
I run with scissors it makes me feel DANGEROUS!
Now The Market Report . . .
The unsecured personal loan market hit an all-time high last year, reaching $138 billion. A rise in lending from fintech firms is helping to fuel the borrowing frenzy.
Minutes released from last month’s FOMC meeting show the Fed is likely to hold off on policy rate increases in 2019 and may slow balance sheet reductions too.
Jobless claims fell last week, down 23,000 to 216,000. But the 4-week average rose to a 1-year high, suggesting the labor market may be slowing down slightly.
Homebuilder sentiment rose in February after falling at the end of 2018. Lower mortgage rates and continued job market strength have boosted optimism.
January’s existing home sales were at their lowest level in 3+ years. Sales were down 8.5% from a year ago, continuing a loss of momentum in the market.
January’s median price for all housing types was up 2.8% over a year ago, at $247,500. At January’s pace, inventory will be exhausted in 3.9 months.
“Keep your face always toward the sunshine – and shadows will fall behind you.”
Walt Whitman
This week’s potential market moving reports are:
Monday, February 25th: No Reports Scheduled
Tuesday, February 262th: Job Openings Report
Wednesday, February 27th: Consumer Price Index
Thursday, February 28th: First Time Jobless Claims, Producer Price Index
Friday, March 1st: Retail Sales, Industrial Production
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American Family Funding Recent Articles:
Weekly Expert Update {Market Report} – February 14, 2022
Quick takeaways: Three ways to ensure a positive experience for first-time homebuyers. Google is making privacy changes to its Chrome…