Category Archives: Mortgage Information

Image by woodleywonderworks via Flickr Consumers drive the housing market.  So when we see improvement in consumer behavior, it paints a prettier picture for housing. Retail Sales rose more than expected in October to post their largest gain in seven months.  The Commerce Department reported that total Retail Sales increased 1.2% which is the biggest increase since March.  They also upwardly revised last month’s data. This report follows the much better than expected Consumer Sentiment report published by Reuters/University of Michigan. They reported that their preliminary consumer sentiment index jumped to a reading of 69.3 in November compared to 67.7… Read More »