Monthly Economic Commentary and Indicators
for Mortgage Industry Third Party Origination Professionals
Trade War escalation and recession fears rattled the stock and bond markets again this month. A flight to quality resulted as investors scrambled
to buy US securities in the face of a Global Economic slowdown. Bond yields plunged and inverted the yield curve, which is an ominous sign of
an impending recession. US-China trade talks continue to be contentious, and the markets believe the Trade War could continue with no end
in sight. The Brexit date of October 31st is approaching, and there is no Exit Agreement between the EU and UK. If Britain exits the European
Union without an agreement – a hard exit – no one really knows what will happen. Combine a slowing Global Economy, negative interest rates, an
inverted yield curve, a protracted Trade War, a hard Brexit, and things could get ugly this Fall. Enough doom and gloom. Let’s look at something
positive. US Consumer spending is strong fueled by a healthy job market, increased wages, and low interest rates for home purchases and
refinances. It’s a great time to be in the Mortgage Business.
Read the full versions of this month’s “Economic Commentary and Indicators” and “Economic Calendar” using the links below.
Economic Data and Events
Interest Rates and Fed Watch
Housing Market Indicators
Labor Market Economic Indicators
Inflation Economic Data/Information
GDP Economic Data
Consumer Economic Indicators
Energy, International, and Misc
This Economic Commentary intro and full version PDF are provided by GMFS and written by Mortgage Elements to be a succinct summary of the key Economic Indicators and Economic Data that influence the Mortgage and Real Estate Industries. It is written for Mortgage, Realtor and Real Estate Professionals that need to stay current on Economic Information but don’t have hours to research and analyze Economic Data. © Copyright 2018 Mortgage Elements Inc, All Rights reserved.
Information on this full version Monthly Economic Calendar PDF is taken from sources believed to be credible, however, GMFS and Mortgage Elements does not guarantee or warrant its accuracy or completeness. The dates, times, and definitions of Economic information is controlled by the individual data provider and subject to change without notice. This calendar is intended for use by Mortgage & Real Estate Professionals only and not Consumers. It is intended for informational purposes only and is not an advertisement to lend or solicit mortgage originations. © Copyright 2018 Mortgage Elements Inc, All Rights reserved.