Monthly Economic Commentary and Indicators

for Realtors & Mortgage Industry Professionals

May 2019

April is typically a stormy month with unpredictable weather and volatile temperature swings. It looks like the Economic Data has followed this
same pattern in the last few months – large swings that are erratic and volatile. All the Economic Data: Housing Data, Inflation Data, Consumer
Data, and GDP Data posted mixed numbers with some surprises. Some of the data volatility can be attributed to the lagging impact from the
Government shutdown in December and January. Fortunately, those effects should be waning. Sifting through the numbers leaves one with the
conclusion that the Economy continues to be healthy and very resilient despite a weak Housing Market and Trade War. While the Housing Market
has been weak, Mortgage Refinance and Purchase transactions have picked up substantially in the past few months. So far it’s been a good Spring
buying market – thanks in large part to lower Interest Rates. This month’s Mortgage Economic Review summarizes Key Economic Data released
in April 2019 that are important to Mortgage and Real Estate Professionals.

Read the full versions of this month’s “Economic Commentary and Indicators” and “Economic Calendar” using the “VIEW PDF” icons below.

Economic Data and Events

Interest Rates and Fed Watch

Housing Market Indicators

Labor Market Economic Indicators

Inflation Economic Data/Information

GDP Economic Data

Consumer Economic Indicators

Energy, International, and Misc

View PDF of Monthly Economic Commentary & Indicators
Monthly Economic Commentary PDF

This Economic Commentary intro and full version PDF are provided by GMFS Mortgage and written by Mortgage Elements to be a succinct summary of the key Economic Indicators and Economic Data that influence the Mortgage and Real Estate Industries. It is written for Mortgage, Realtor and Real Estate Professionals that need to stay current on Economic Information but don’t have hours to research and analyze Economic Data. © Copyright 2018 Mortgage Elements Inc, All Rights reserved

View PDF of Monthly Economic Calendar
Monthly Economic Calendar PDF

Information on this full version Monthly Economic Calendar PDF is taken from sources believed to be credible, however, GMFS Mortgage and Mortgage Elements does not guarantee or warrant its accuracy or completeness. The dates, times, and definitions of Economic information is controlled by the individual data provider and subject to change without notice. This calendar is intended for use by Mortgage & Real Estate Professionals only and not Consumers. It is intended for informational purposes only and is not an advertisement to lend or solicit mortgage originations. © Copyright 2018 Mortgage Elements Inc, All Rights reserved

WHY GMFS MORTGAGE?

Our avg. customer feedback rating = 4.8 stars! Experience for yourself why so many of our customers and partners refer GMFS Mortgage to their family, friends and clients!

Established

Over 89,000 customers and $14.9 billion in residential mortgage funding in 23 states

Efficient

Processing, underwriting, and closing under same roof means smooth & predictable closings

Trusted

A+ rating with BBB and winner of Torch Award for Marketplace Trust

Experienced

GMFS staff has an avg. of 14+ years of mortgage industry experience