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What’s Ahead For Mortgage Rates This Week – July 21, 2014

Posted on July 21, 2014 by admin

Last week’s economic news offered a variety of indications that the economic recovery continues, but some readings missed their expected levels. The Philadelphia and New York branches of the Federal Reserve Bank reported higher than anticipated manufacturing for their respective regions and new jobless claims were lower than expected. Continue reading →

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What’s Ahead For Mortgage Rates This Week – July 14, 2014

Posted on July 14, 2014 by admin

Last week brought news from the Fed as two Federal Reserve Bank Presidents made speeches and the Federal Open Market Committee (FOMC) of the Fed released the minutes of its last meeting. The minutes reveal the Fed’s intention to wrap up its bond-buying program in October with a final purchase of $15 billion in mortgage-backed securities (MBS) and Treasury bonds Continue reading →

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What’s Ahead For Mortgage Rates This Week – July 7, 2014

Posted on July 7, 2014 by admin

Last week’s economic news was mixed, but economic reports for Non-Farm Payrolls and the National Unemployment rate suggest a strengthening labor sector. Pending Home Sales surpassed expectations in May and conversely, construction spending was lower than expected. Continue reading →

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What’s Ahead For Mortgage Rates This Week – June 30, 2014

Posted on June 30, 2014 by admin

Last week brought several economic and housing sector reports including Existing Home Sales, Case-Shiller and FHFA home prices for April, as well as New Home Sales. Continue reading →

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What’s Ahead For Mortgage Rates This Week – June 23, 2014

Posted on June 23, 2014 by admin

Last week’s scheduled economic news included the National Association of Home Builders Wells Fargo Housing Market Index, Housing Starts and Building Permits. The Fed’s Federal Open Market Committee (FOMC) issued its usual statement at the conclusion of its meeting, and Fed Chair Janet Yellen also gave a press conference. Continue reading →

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What’s Ahead For Mortgage Rates This Week – June 16, 2014

Posted on June 16, 2014 by admin

Last week’s economic news was quiet in the housing sector, but retail sales and employment-related reports provided indications of less consumer spending and reduced consumer confidence. Continue reading →

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What’s Ahead For Mortgage Rates This Week – June 9, 2014

Posted on June 9, 2014 by admin

Last week’s economic news was mixed. Construction spending grew, but fell below the expected level. CoreLogic reported that April home prices continued to rise, but did so at their slowest growth rate in more than a year. Employment reports for private sector and government jobs indicated fewer jobs, but the national unemployment rate was steady. Continue reading →

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