When you get a deep cut, you get worried when you start bleeding. I would be more worried if it didn’t start to bleed actually.
A tree house doesn’t have a kitchen, a bedroom, a hallway, a bathroom, a porch, doors, or even a chimney, so please. Just call it a tree box.
A waffle is like a pancake, with a syrup trap.
The guy who invented the wheel is an idiot. The guy who invented the other three, now he is the genius!!
Who says I can’t fix things. Gimme a duct tape!
Now The Market Report . . .
The government shutdown had a nominal effect on markets and no effect on rates. Another shutdown is possible February 8th, the new deadline for a deal.
The dollar slumped this week, its biggest weekly decline in 18 months. Treasury Secretary Steven Mnuchin says a weaker dollar could boost U.S. trade though.
Jobless claims were up from last week’s 45-year low, but still lower than expected. The labor market continues to tighten with near full employment.
Existing home sales were down 3.6% in December from November, but were up 1.1% year-over-year. A lack of supply of homes on the market played a role.
New home sales were also down in December, blamed partly on unseasonably cold temperatures. However, new home sales were 14% higher than a year ago.
Rising mortgage rates have spurred more buyers off their couches and into the market. Mortgage applications were up 4.5% over last week, 6.1% over last year.
To steal ideas from one person is plagiarism. To steal from many is research.
This week’s potential market moving reports are:
Tuesday, January 30th: S&P Corelogic Case-Shiller Home Price Index, Consumer Confidence
Wednesday, January 31st: MBA Mortgage Applications, ADP Employment Report, Pending Home Sales, FOMC Meeting Announcement
Thursday, February 1st: First Time Jobless Claims, Construction Spending
Friday, February 2nd: National Employment Situation, Factory Orders, Consumer Sentiment
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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…