Fed Ties Rate Hike To Economic Rebound
Thu, 25 May 2017 11:32:12 GMT
Federal Reserve policymakers agreed they should hold off on raising interest rates until it was clear a recent U.S. economic slowdown was temporary, though most said a hike was coming soon, minutes from their last policy meeting showed on Wednesday.
Jobless Claims Edge Up
Thu, 25 May 2017 11:31:39 GMT
The number of Americans filing for unemployment benefits rose less than expected last week and the four-week moving average of claims fell to a 44-year low, suggesting further tightening in the labor market.
10 Cities in OC Where Homes Sell The Fastest
Thu, 25 May 2017 11:31:07 GMT
Orange County house hunters must act fast when shopping in the most affordable neighborhoods.
Multifamily Production Drops in Q1
Thu, 25 May 2017 11:30:33 GMT
The Multifamily Production Index dropped seven points to 48 in the first quarter of 2017, according to the National Association of Home Builders.
Existing-Home Sales Slip 2.3 Percent in April
Wed, 24 May 2017 12:04:59 GMT
Stubbornly low supply levels held down existing-home sales in April and also pushed the median number of days a home was on the market to a new low of 29 days, according to N.A.R.
Refi Apps Up, Purchase Apps Slightly Down
Wed, 24 May 2017 12:04:24 GMT
Mortgage applications increased 4.4 percent from one week earlier, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey.