Monthly Economic Commentary and Indicators
for Mortgage & Real Estate Professionals
June was a busy month for Economic News – the US NOKO Summit, FOMC Meeting with an interest rate increase, strong gains in the labor market, mixed housing market data, lower GDP estimates, and new tariffs on Chinese goods. Trade, tariffs, and the potential for a Trade War seems to dominate the news lately. Is this the start of a Trade War or is it just hardball negotiating? With all the talk about tariffs on imported goods, people may have missed the talk about restrictions on the export of US technology. The concern is National Security, and it would restrict Chinese firms from buying US Technology and/or taking over US Tech firms. Why is a Trade War important to the Mortgage Industry? A Trade War could lead to a recession in 2019. During recessions the Fed typically lowers interest rates – or in this case, stops raising interest rates.
In this month’s full version of the Economic Commentary and Indicators PDF we will review the following Economic Indicators and Data from June 2018 that are important to the Mortgage Industry and Mortgage Professionals.
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
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
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