The Conference Board’s consumer confidence index, which can be used to forecast consumer spending, sank for the third month in a row, hitting 120.2 — well below what economists had been expecting. It.
· Economic Snapshot for Latin America. May 15, 2019. Latin America growth prospects cut again in May on weak incoming Q1 data. Activity is seen remaining soft this year, picking up only slightly from a dismal 2018, and growth prospects were cut again this month on weak incoming Q1 data.
Obama to renew push for wider mortgage refinance plan Objective: Freddie Mac’s Home Affordable Refinance program, known as the Relief Refinance Mortgage, is designed to assist borrowers who are current on their mortgage payments, but would benefit.
Singaporeans have changed their outlook for the near future from neutral to pessimistic, with consumer confidence hitting a seven-year low. in 17 Asia-Pacific markets polled on their six-month.
The U.S. consumer confidence index beat expectations on Tuesday, hit 6-month-high, according to the figures released by the Conference Board. The consumer confidence index rose to 134.1 in May from 129.2 in April. The reading was the highest since November. The figure is a gauge of Americans’ willingness to spend.
CONCERNS about household finances and job security have consumers at their gloomiest in eight months. ANZ and Roy Morgan’s consumer confidence index fell 2.3 per cent last week, and has been losing.
Moody’s: Single-family rental equity securitization poses more risk Viewpoint: Wait, You Mean the Foreclosure Freeze Didn’t Work? Wells Fargo "will continue to work with our customers to find solutions up to the actual point of a foreclosure sale," a wells fargo spokesman says. "But the expiration of foreclosure moratoriums is having an impact." Both Fannie and Freddie have stepped up sales of foreclosed properties since their moratoriums ended on March 31.According to Moody’s, single-family rental companies spent between between $20 million and $30 million on home purchases per month in 2016. In 2013, it was around $100 million per month.Mortgage applications increase 1.3% Veterans Day; OCC & TRID; Experian Report on Credit Scores – The OCC states that its TRID supervisory approach will be similar to the approach it took with its examinations for compliance with the mortgage rules implementing. the MBA released its application.
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Consumer confidence dropped in May to the lowest level in six months, according to the Conference Board survey conducted by the Nielsen Co.. consumer confidence hits six-month low.
· I’ve stopped wearing makeup entirely. Well almost entirely-I still don mascara and the occasional lip gloss, but otherwise, my face is makeup free. While undeniable that it’s frugal not to buy makeup, this decision wasn’t solely motivated by my desire for the extreme frugality lifestyle.
· Gold prices held near six-month highs hit on Friday, helped by a softer dollar, concerns over slowing economic growth and wild swings in equities, putting bullion on track for a second straight week of gains. Spot gold was up 0.3 per cent at $1,278.65 per ounce as of 9:37 am EST (1437 GMT), and up 1.7 per cent so far this week. Earlier it had peaked at $1,282.09, its highest since June 19.