Monthly Economic Commentary and Indicators
for Mortgage Industry Third Party Origination Professionals
Lots of big news in November – FOMC Meeting, Midterm Elections, Black Friday Sales, oil prices plunging, volatility in the Stock Markets, and…..2019 is a month away. The Democrats regained control of the House while the Republicans maintained control of the Senate. You probably have already noticed lower gasoline prices at the pumps. Oil prices have been sliding for the past 2 months, but that slide accelerated in November.Saudi Arabia is producing oil at record levels – over 10 million barrels a day. Lower oil prices are great for American Consumers but hurt countries dependent on oil revenue like Russia, Iran, Venezuela, Mexico, Saudi Arabia, etc. Lower gas prices, just in time to help out with the Holiday shopping season, is welcome news for Consumers.
Let’s do a quick review of other Key Economic Indicators and Data from the previous month that are important to the Mortgage Industry and Mortgage Professionals.
Read the full versions of this month’s “Economic Commentary and Indicators” and “Economic Calendar” using the icons 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.