All Posts Tagged: housing

U.S. Outlook: Positive economic surprises continue

Scott Anderson
Chief Economist

The positive economic surprises keep coming for the U.S. economy.

The Bloomberg economic surprise index is at its highest level since March, as U.S. economic indicators have been generally surpassing economists’ forecasts over the past month.

For more on this, see highlights of my report below, followed by a link to the full U.S. Outlook, delivered on Dec. 1.

Key observations:

  • Both “soft” indicators, like PMI and consumer confidence indexes, and “hard” indicators, like housing and retail sales, are exceeding consensus expectations.
  • We expect a robust 217K jobs were created in November, with the unemployment rate expected to hold at 4.1%.
  • Business equipment spending is coming back to life.
  • Maintaining this outperformance into 2018 will be extremely difficult.

 

Read my full report.

 

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Is it better to rent or buy?

Victor Polich
Mortgage Banking
woman sitting near a window, pensive.

The choice between renting a home or buying one is one of the biggest (and most challenging) financial decisions many of us make in our adult life.

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U.S. Outlook: Housing shows resilience; other sectors, not so much

Scott Anderson
Chief Economist
Graph showing mortgage refinance applications climbing due to lower interest rates

The U.S. is enjoying a mini refi boom as lower long-term rates lift the housing market.

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A recipe for the millennials’ American Dream

Paul Appleton
Consumer Banking
Young couple pausing from their meal at a kitchen table to take a selfie.

It’s as if this generation took some of the classic elements of the American Dream and added several twists, building a whole new recipe.

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What millennials want: Highlights from our 2017 survey

Paul Appleton
Consumer Banking
3 young adults (2 men, 1 woman) sitting outdoors at a table with coffees & looking at a cellphone.

The survey explored lifestyle aspects that included careers, housing, saving and investing, and retirement.

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