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Category Archives: Market Outlook

Case-Shiller: Home Price Growth Slower in April

Posted on July 1, 2015 by admin

According to the Case-Shiller 20-City Home Price Index for April, home prices slowed from the March reading of 4.30 percent year-over-year to 4.20 percent year-over-year. Continue reading →

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What’s Ahead For Mortgage Rates This Week – June 29, 2015

Posted on June 29, 2015 by admin

Last week’s economic news was largely positive as both new and existing home sales beat expectations. The Federal Housing Finance Agency reported that home price growth held steady in May, while weekly jobless claims edged up, but were lower than expected. Continue reading →

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What’s Ahead For Mortgage Rates This Week – June 22, 2015

Posted on June 22, 2015 by admin

Last week’s economic news included National Association of Home Builders / Wells Fargo (NAHB) Housing Market Index and Commerce Department reports on Housing Starts and Building Permits, the post-meeting statement of the Fed’s Federal Open Market Committee (FOMC), and Fed Chair Janet Yellen’s scheduled press conference. Continue reading →

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Federal Reserve: No Change on Target Fed Funds Rate

Posted on June 18, 2015 by admin

The Federal Open Market Committee (FOMC) of the Federal Reserve did not move to increase the Fed’s target federal funds rate, which is currently 0.00 to 0.250 percent. Although the committee acknowledged further progress toward… Continue reading →

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What’s Ahead For Mortgage Rates This Week – June 15, 2015

Posted on June 15, 2015 by admin

Retail sales rose for the third consecutive month. May sales increased at a seasonally adjusted rate of 1.20 percent according to Commerce Department data. Continue reading →

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What’s Ahead For Mortgage Rates This Week – June 8, 2015

Posted on June 8, 2015 by admin

Last week’s economic news included reports on construction spending, Freddie Mac’s mortgage rates survey and several employment related reports. Continue reading →

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What’s Ahead For Mortgage Rates This Week – June 1, 2015

Posted on June 1, 2015 by admin

Last week’s economic reports included the Case-Shiller Home Price Indexes, FHFA’s House Price Index and Pending Home Sales from the Commerce Department. Continue reading →

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Case-Shiller Home Prices: San Francisco, Denver see Double-Digit Increases

Posted on May 27, 2015 by admin

San Francisco, California where home prices rose 10.30 percent year over year in March, and Denver, Colorado with an even 10 percent gain in year-over-year home prices led the Case-Shiller 20-City Composite Index for March. Rounding out the top-five cities for year-over-year home price growth were… Continue reading →

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

Posted on May 26, 2015 by admin

Last week’s economic reports included several readings related to housing The Wells Fargo/National Association of Home Builders Housing Market Index, the Commerce Department’s releases on Housing Starts and Building Permits and the NAR report on Existing Home Sales supplied mixed news on recent developments in housing. Freddie Mac and the Labor Department released their usual reports on mortgage rates and weekly jobless claims. Continue reading →

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What’s Ahead For Mortgage Rates This Week – May 18, 2015

Posted on May 18, 2015 by admin

Last week’s economic reports included data from the Federal Reserve on student loan debt, job openings and retail sales. Weekly jobless claims and Freddie Mac’s survey of average mortgage rates were released as usual on Thursday. A report on consumer sentiment wrapped up the week’s scheduled economic new. Continue reading →

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