15 Apr 2019
By RESCO Realty

What’s Ahead For Mortgage Rates This Week – April 14th, 2019

Financial Reports, ,
Last week's economic readings included reports on inflation, mortgage rates, and first-time jobless claims. Monthly reporting on consumer sentiment was delayed. Consumer Price Index: Inflation Rises in March The Consumer Price Index rose 0.40 percent in March, which matched expectations and surpassed February's month-to -month reading of 0.20 percent growth. The March reading showed the highest consumer price growth in 14 months; higher rents, fuel and food prices contributed to month-to-month price gains in March. The Core CPI excludes volatile food and energy sectors and was unchanged in March although 0.20 percent growth was expected. February's reading showed 0.10 percent…
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12 Apr 2019
By RESCO Realty

4 Ways A Little Paint Can Revitalize Your Home

Real Estate, ,
Fixing up your home to sell doesn't have to be a budget-breaker. You can revitalize the look of your property with a little bit of paint in the right places. Here are some areas that will really stand out to prospective buyers. 1. Front Door The front door always makes the first impression on visitors to your home. Remember that while they are waiting to enter your home, potential buyers have nothing to do except get a good look at your front door. For maximum impact, paint the front door a contrasting color to your house color. If budget allows,…
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11 Apr 2019
By RESCO Realty

FOMC Minutes Reveal Fed Policymakers U-Turn

Real Estate, ,
Members of the Federal Reserve's Federal Open Market Committee voted to hold the target range of the federal funds rate to its current range of 2.25 to 2.50 percent. The minutes of the most recent Committee meeting cited softening domestic and global economic conditions as reason for not raising the target federal funds range. While labor markets remained strong, the minutes noted that household spending and business investment slowed in the first quarter of 2019. FOMC members expected Gross Domestic Product growth to slow as compared to its 2018 pace. While current inflation and the national unemployment rate fell in…
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