If you or someone you know has any questions about home loan rates, please give me a call. On Friday, Consumer Sentiment will be released.The Philadelphia Fed’s Manufacturing Index will be delivered on Thursday and will garner some attention.From the housing sector, Housing Starts and Building Permits will be released on Tuesday, followed by Existing Home Sales on Thursday.and China as a “phase one” signing is expected to happen in the coming weeks. With earnings season winding down, investors will continue to be trapped in the trade headlines from the U.S. The upcoming week’s economic calendar will highlight the housing sector which has been gaining momentum in this “Goldilocks Economy” due in part to a strong labor market, rising wages, and historically low home loan rates. What an opportunity when coupled with the Goldilocks backdrop. ![]() The opposite is also true.īottom line: home loan rates improved from the worst levels of the week and head into mid-November still hovering near three-year lows. goldilocks economy goldilocks planet goldilocks zone goldin golding. What does goldilocks principle mean Information and translations of goldilocks principle in the most comprehensive dictionary definitions resource on the web. If inflation moves higher, home loan rates move higher. Definition of goldilocks principle in the dictionary. Why?Īs the Fed’s quote states, inflation remains low and near the Fed’s target. Remember, Fed rate cuts don’t affect home loan rates, so don’t expect a sharp uptick in mortgage rates. Goldilocks economy A term developed in the mid 1990s to describe the positive performance of the economy as 'not too hot, not too cold just right.' Most Popular Terms: Earnings per share (EPS). Powell also said it’s highly unlikely the Fed will cut rates again in December. The first use of this phrase is credited to David Shulman of Salomon Brothers, who wrote The Goldilocks Economy: Keeping the Bears at Bay in March 1992. Thanks to this strong economic backdrop, Mr. After the girl in the fairy tale who found one bowl of porridge too hot, one too cold, and one just right. This quote from our Fed Chair on Capitol Hill this past week was the definition of a “Goldilocks Economy” and reaffirmed the markets that there is no recession in sight! – Fed Chairman Jerome Powell, November 13, 2019 “Looking ahead, my colleagues and I see a sustained expansion of economic activity, a strong labor market, and inflation near our symmetric 2% objective as most likely.”
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