The Weekly Wrap - Enjoy Brandywine Festival of the Arts!

The labor market improved as fewer Americans filed for weekly unemployment benefits, adding to speculation that the Fed may raise policy rates this month.

Alternatively, inflation pressure remains weak as import prices continued to drop. Weak inflation could cause the Fed to hold off on raising policy rates.

Weakness in global economies, especially China, could also cause the Fed to hold off. Mortgage rates remain stable while the markets wait for a Fed decision.

It is that time of year again, time for the Brandywine Festival of the Arts!  Festival hours are:

10 a.m.-6:30 p.m. on Saturday Sept. 12th
10 a.m. - 4 p.m. on Sunday, Sept. 13th

The festival features over 200 artists.  Enjoy your weekend at the festival! Where you can spend your time enjoying seeing and buying art exhibits, live music, great local good, children's activities and more! The festival is held in Brandywine Park, 1001 N. Park Drive in Wilmington, Delaware.  The admission fee is $5 (children 12 and younger are free).  Included in the ticket price is $1 access to the Brandywine Zoo.

Click here for more information on the Festival

More respondents of Fannie Mae's Home Purchase  Sentiment Index think it is a good time to buy a house.  Continued low mortgage rates helped fuel the optimism.

New home sales are more than 20% higher than last year's pace. Some analysts fear that new home supply could become an issue and more homes   are needed.

Man caves are being bumped aside for "she sheds." These backyard retreats are being designed for hobbies such as painting, ceramics, and gardening.