Category Archives: Consumer Confidence

Is This Market ‘Bottom’ a True One That Will Stick?

From Friday’s DSNews.com,  written by Esther Cho: “During a CoreLogic economic webinar Thursday, the company’s chief economist, Mark Fleming, Ph.D., was asked if the housing market has hit bottom and will it stick, as reports seem to be speculating. Apparently, the market … Continue reading

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Posted in California real estate, Consumer Confidence, Existing Home Sales, Orange County California real estate | Leave a comment

Falling Consumer Confidence Helps Drag Mortgage Rates Lower. For Now.

For the second consecutive month, U.S. consumer confidence is plunging. July’s official reading is its lowest since July of last year and the figures run in stark contrast to just two months ago, when the index touched a multi-year high. Continue reading

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Consumer Confidence Hints At Higher Home Prices And Higher Mortgage Rates, Too

According to The Conference Board, economic confidence is as high as it’s been since August 2007 — 4 months before the start of the recession. Americans are optimistic again. It’s good for home prices but bad for mortgage rates. Continue reading

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