NAHB: Home Builder Confidence Rises in April

2019-04-18T12:40:09-04:00Market Outlook|

Home builder confidence increased in April to an index reading of 63, which was one point higher than for March and the highest reading in six months. Analysts said that April's reading revealed more about housing market conditions in the past six months than it was an indicator of future market conditions.

FOMC Minutes Reveal Fed Policymakers U-Turn

2019-04-11T12:40:09-04:00Real Estate|

Members of the Federal Reserve's Federal Open Market Committee voted to hold the target range of the federal funds rate to its current range of 2.25 to 2.50 percent. The minutes of the most recent Committee meeting cited softening domestic and global economic conditions as reason for not raising the target federal funds range.

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