Monthly Economic Commentary and Indicators
for Mortgage Industry Third Party Origination Professionals
March had some very significant Economic developments for the Mortgage Business. The Fed did a stunning turnaround and announced they scrapped plans for Interest Rate increases for the remainder of 2019. They also lowered their projections for Inflation and GDP growth. The Feds new tactics reinforces what many Economists already suspected, the US and Global Economies are slowing. We can see the slowdown reflected in key Economic Indicators: Inflation, Housing Sales, Trade, Production, Retail Sales, etc. Most Indicators are down except for Wages. Wage growth is having one of the best years in a decade. Higher income means more workers can qualify for a mortgage and afford a home – or afford a bigger home. Keep in mind: first quarter Economic data is always erratic, especially since many of the data providers are Government agencies still catching up from the shutdown. Here is a quick review of Key Economic Indicators and Data released in March 2019 that are important to Mortgage and Real Estate Professionals.
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.