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Category Archives: Mortgage Rates

What’s Ahead For Mortgage Rates This Week – May 23, 2016

Last week’s economic news included the NAHB Housing Market Index, reports on housing starts, building reports and existing home sales. Minutes of the Federal Reserve’s last FOMC meeting were also released. Continue reading

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What’s Ahead For Mortgage Rates This Week – May 16, 2016

Last week’s economic news included reports on retail sales and consumer sentiment along with weekly releases on new jobless claims and mortgage rates. Continue reading

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What’s Ahead For Mortgage Rates This Week – May 9, 2016

Mortgage rates fell across the board last week according to Freddie Mac’s Primary Mortgage Market Survey. Other economic news included reports on construction spending, public and private sector employment and national unemployment. Continue reading

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What’s Ahead For Mortgage Rates This Week – May 2, 2016

Last week’s economic news included Case-Shiller Home Price Indices, along with new and pending home sales readings. The Federal Open Market Committee of the Federal Reserve met analyst’s expectations and did not raise the target federal funds rate, which remains at 0.25 to 0.50 percent. Freddie Mac’s mortgage rates survey and the Labor Department’s weekly jobless claims report were also released. Continue reading

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What’s Ahead For Mortgage Rates This Week – April 25, 2016

Last week’s economic releases included Existing Home Sales, Commerce Department Releases on Housing Starts and Building Permits and the National Association of Home Builders/Wells Fargo Housing Market Index. Mortgage rates and new jobless claims were released according to their weekly schedule. Continue reading

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How Can I Calculate My Mortgage Amount?

There are a few different factors that contribute to your mortgage amount. You must consider all of these factors when calculating your costs. Remember, you are not only paying for the funds that you are borrowing, but you are also … Continue reading

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What’s Ahead For Mortgage Rates This Week – June 2, 2014

Last week’s economic news was fairly quiet due to the Memorial Day holiday on Monday and no scheduled news released on Wednesday. Continue reading

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What’s Ahead For Mortgage Rates This Week – March 3, 2014

Last week’s economic news was mixed, with new home sales increasing and weekly jobless claims higher than expected.

Case-Shiller and FHFA home price reports reflected slower growth in home prices. Mortgage rates moved higher for the third consecutive week. Continue reading

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What’s Ahead For Mortgage Rates This Week – February 24, 2014

Last week’s economic data supported recent reports indicating that housing markets are slowing, The National Association of Home builders/Wells Fargo Home Builders Index (HBI) dropped by 10 points to a reading of 46 for February. Continue reading

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What’s Ahead For Mortgage Rates This Week – February 18, 2014

Last week’s economic news was dominated by the first address by the new Fed chairperson, Janet Yellen.

Tuesday’s news included the Jobs Openings report for December 2013, which matched November’s reading of 4.0 million jobs available. Continue reading

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