Lending MBA: Economic uncertainty slows purchase application growth market composite Index grows 1.5% from the previous week
GDP is an accurate indication of an economy’s size. The GDP growth rate is probably the single best indicator of economic growth. However, GDP per capita has a close correlation with the trend in.
Investors continued to show a preference for safer U.S. Treasuries, as concerns over U.S. and global economic growth, along with uncertainty over the current government shutdown, drove rates lower," said Joel Kan, MBA’s Associate Vice President of Economic and Industry Forecasting.
Following a record year for freight demand and the highest tonnage in two decades, the trucking industry expects to see slower growth in 2019, a result of economic uncertainty. A shortage of.
In addition, stronger economic growth makes inflation more likely, at least in theory. In this type of environment, the U.S. Federal Reserve (“the Fed”) is likely to boost interest rates to slow down the economy a bit to fight inflation. When short-term interest rates are expected to go up, longer-term interest rates typically follow.
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Although mortgage applications slightly increased last week, mounting economic tension continues to worry potential buyers, according to the Mortgage Bankers Association. "Coming out of the Memorial Day holiday, and likely impacted by the financial market volatility caused by the trade tensions, purchase application volume declined for the week," MBA Senior Vice President and Chief.
MBA: Economic uncertainty slows purchase application growth Although mortgage applications increased slightly last week, mounting economic tension continues to worry buyers, according to the Mortgage Bankers Association.
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Economic uncertainty brought on by global trade tensions, stock market volatility and the government shutdown also isn’t helping. In this environment, potential home buyers can be reluctant to make a.
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“But set against that, with the economic uncertainty. MBA. But this week purchase applications actually surged in the latest report, rising 23% compared with the previous week. Even when Brexit.
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· Mortgage application volume increased 1.5% last week and 12% from a year earlier, according to the Mortgage Bankers Association. The gains.
US economic growth slowed in the first quarter of 2017, but less sharply than initially thought. Market participants didn’t appear to be put off by the weaker than expected economic data, however, because the S&P 500 advanced more than 3% during the second quarter.