Real estate housing and economic news round up for December 16 2016…
Have you finished your Christmas shopping?
If you are still looking for the perfect last minute gift for me, a Maserati 450S will do quite nicely.
Now on to the latest real estate, housing and economic news:
Your Lump of Coal Arrived Early: The Fed Raised Their Benchmark Rate
From Bad to Worse? First-Time Homebuyers Face Worsening Starter-Home Shortage Heading Into 2017
Strange Prediction From the Always Optimistic: Existing Home Sales Forecast to Muster Only a Small Gain in 2017
Pepper Your Angus: What’s Next for the Mortgage Market?
Ouch: Total U.S. Weekly Rail Traffic Down 1.1% Compared With Same Week Last Year
It May Finally Be Happening: Is Time Running Out on Low Mortgage Rates?
Great News: Foreclosures Are Back to Pre-Crisis Levels
Remain Calm: FDIC Sees Early Signs of Stress Showing Up in CRE Lending
Hope This Works Better Than Past Efforts: New Loan Modification Program for Delinquent Borrowers From Fannie & Freddie