Last week's economic reports included readings on inflation, core inflation, and the Federal Reserve's FOMC statement. The NAHB Housing Market Index, housing starts and building permits issued were also released, along with weekly readings on mortgage rates and new jobless claims. Inflation fell by -0.10 percent in May, which was lower than the no-change reading expected by analysts based on April's reading of +0.20 percent. The core inflation reading for May, which excludes volatile food and … [Read more...]
NAHB Housing Market Index Slips Two Points in June
The National Association of Home Builders Housing Market Index for June fell by two points to 67 after a revision of May's reading. Components of the Housing Market Index were lower for June with builder confidence in current market conditions two points lower at 73; June's reading for builder confidence in market conditions for the next six months also fell two points to 76. Builder confidence in buyer traffic fell two points to 49. According to the Index, any reading over 50 indicates that … [Read more...]
Spring Cleaning: 3 Weekend Cleaning Projects That Will Transform Your Home
The season of spring may be a time for blooming flowers and warmer weather, but it's also synonymous with the idea of spring-cleaning. Whether you clean out your house every year or you haven't seen the back of your closets in years, here are a few springtime projects that will instantly change your home – and clean up your life! Clearing Up The Garage There are few things that manage to attract excess stuff like the garage, and left over junk can be an even bigger problem in a 2-car … [Read more...]
3 Classic Credit Mistakes to Avoid If You’re Trying to Secure a Mortgage Loan
The mortgage application process can be fraught with a lot of stress on its own, but if you've experienced issues with your credit in the past it can be even more taxing. While there may be a lot of things you may not be aware of when it comes to their impact on your credit, here are some things to watch out for if you're planning on purchasing a home in the short-term future. Applying For Extra Credit Whether you've just been offered a great new deal by a department store or you're not even … [Read more...]
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