Consumer Spending Surges Again with Tremendous Retail Sales
As consumer spending surges again, retail sales also faced a tremendous week. However, investors focused on the spreading coronavirus.
As consumer spending surges again, retail sales also faced a tremendous week. However, investors focused on the spreading coronavirus.
Despite the ongoing coronavirus pandemic, recent data reflects an emerging housing market across the United States.
While the stock market posted nice gains this week, mortgage markets stayed relatively quiet despite the coronavirus pandemic.
This week, stocks plunged amidst the latest concerns regarding the coronavirus pandemic while investors shifted their to less risky assets.
As the housing sector picks up, mortgage rates remained relatively quiet this week as the trade negotiations with China offered little news.
This week, investors focused on international events as the eye-opening Brexit vote looms and United States-China trade deal makes progress.
Surprisingly, mortgage markets left this past week’s astonishing impeachments talks ignored after news of President Trump's inquiry.
As the housing market shows new, encouraging data this week, it still faced overshadowing from Wednesday's Fed meeting.
This week, the real estate market faced mixed new home sales data while the trade tensions left a positive effect for mortgage rates.
After unexpected strength, consumer spending spiked retail sales to end the week. However, Thursday’s report caused little reaction.