Wells Fargo – Keeping Current 3.22.19

March 22, 2019By adminNews No Comments

The Federal Reserve signaled that it is unlikely to raise rates again this year, sharply reversing its outlook from just three months ago. In December, 15 of the 17 members of the Federal Open Market Committee (FOMC) projected the target range for the federal funds rate would end the year higher than its current 2.25% … Read More

Wells Fargo – Keeping Current 3.8.19

March 8, 2019By adminNews No Comments

New home sales rose 3.7% in December to an annualized sales rate of 621,000 units, its strongest pace since May. An estimated 622,000 new homes were sold last year, up from 613,000 in 2017. The median price of new homes sold in December was $318,600, a 7.2% decrease from the $343,300 median price in December 2017. Read More