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What’s Ahead For Mortgage Rates This Week – November 16, 2015

Posted on November 16, 2015 by admin

Last week’s scheduled economic news was sparse due to no scheduled releases on Monday and the Veterans Day Holiday on Wednesday. A report on job openings was released on Thursday along with regularly scheduled weekly reports on jobless claims and Freddie Mac’s report on mortgage rates. Continue reading →

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What’s Ahead For Mortgage Rates This Week – November 09, 2015

Posted on November 9, 2015 by admin

Last week’s economic reports included releases on construction spending and several labor-related reports including ADP payrolls, Non-Farm payrolls, average hourly earnings and weekly jobless claims. Freddie Mac reported that mortgage rates rose as the national unemployment rate decreased to 5.00 percent. Continue reading →

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What’s Ahead For Mortgage Rates This Week – November 2, 2015

Posted on November 2, 2015 by admin

A number of economic reports released last week indicate mixed economic progress. The 20-City Home Price Index showed that August home prices rose, but New Home Sales dropped in September. The Federal Open Market Committee of the Federal Reserve indicated that it may reserve the target federal funds range at its next meeting in December. Continue reading →

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Case-Shiller: August Home Prices Accelerate

Posted on October 28, 2015 by admin

According to the Case-Shiller 20-City Home Price Index, U.S. home prices increased by 0.40 percent in August, which boosted year-over-year home price growth to 5.10 percent. Denver, Colorado continued to lead in home price gains with a monthly increase of 0.90 percent and a year-over-year gain of 10.70 percent. San Francisco, California also posted a year-over-year gain of 10.70 percent, but posted a month-to-month loss of -0.10 percent. Portland, Oregon posted a year-over-year gain of 9.40 percent with a month-to-month gain of 1.10 percent. Continue reading →

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What’s Ahead For Mortgage Rates This Week – October 26, 2015

Posted on October 26, 2015 by admin

Last week’s economic news included the National Association of Home Builders Index, Housing Starts and FHFA’s report on August home sales. The National Association of Realtors released its monthly report on sales of previously owned homes. Continue reading →

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Existing-Home Sales Hit Second Highest Level in 8 Years

Posted on October 23, 2015 by admin

Housing markets show continued strength as the National Association of Realtors reported that sales of existing homes reached their second highest level since February 2007. Sales of pre-owned homes increased by 4.70 percent and reached 5.55 million sales on a seasonally adjusted annual basis against analyst expectations of 5.34 million sales and August’s reading of 5.30 million sales of previously owned homes. Continue reading →

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What’s Ahead For Mortgage Rates This Week – October 19, 2015

Posted on October 19, 2015 by admin

Last week’s economic reports included Consumer Price Index and Core index for September, the minutes of the FOMC meeting held September 15 and 17, and weekly reports on mortgage rates and new jobless claims. Continue reading →

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What’s Ahead For Mortgage Rates This Week – October 13, 2015

Posted on October 13, 2015 by admin

Last week’s economic reports included the Federal Open Market Committee Meeting Minutes and Weekly Jobless Claims. Also, the new mortgage TRID rules went into effect. Here are the details: Continue reading →

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What’s Ahead For Mortgage Rates This Week – October 05, 2015

Posted on October 5, 2015 by admin

Last week’s economic reports included Pending Home Sales, Construction Spending and several reports on jobs and employment. Continue reading →

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Case-Shiller Housing Market Index: Home Prices Rise in July

Posted on September 30, 2015 by admin

U.S. home prices rose by 0.10 percent in July according to the S&P Case-Shiller Housing Market Index. San Francisco, California edged past Denver Colorado with a year-over-year price increase of 10.40 percent as compared to Denver’s reading of 10.30 percent. All year-over-readings for the 20-City Home Price Index posted gains, but Washington, D.C. showed the lowest year-over0-year growth rate at 1.70 percent. Chicago, Illinois and New York City followed closely with year-over-year readings of 1.80 percent and 1.90 percent respectively. Continue reading →

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