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What’s Ahead For Mortgage Rates This Week – March 14, 2016

Last week’s economic news included Fannie Mae’s Home Purchase Sentiment Index along with weekly reports on mortgage rates and new jobless claims. The City of Detroit also announced a program to help would-be buyers purchase homes that do not qualify for mortgage loans due to severe damage. Continue reading

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What’s Ahead For Mortgage Rates This Week – February 22, 2016

Last week’s economic news included the NAHB Housing Market Index, Commerce Department releases on housing starts and building permits and minutes of the most recent meeting of the Fed’s FOMC meeting. Continue reading

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What’s Ahead For Mortgage Rates This Week – August 19, 2013

Last week wasn’t kind to stock market investors, but weekly jobless claims fell to an unexpected low of 320,000 new jobless claims filed was its lowest level in nearly six years. Average mortgage rates were mixed, but inched upward. Continue reading

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What’s Ahead For Mortgage Rates This Week – August 12, 2013

Highlights of economic news from last week, include a survey of senior loan officers from U.S. and foreign banks doing business in the U.S. indicated that banks were gradually easing lending standards for business and consumer loans, but viewed lending criteria for home loans as more restrictive than other types of loans. Continue reading

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Case Shiller Home Price Index Shows Rising Prices For May 2013

The S&P/Case-Shiller Home Price Index (HPI) released Tuesday presented solid evidence that the housing recovery continued during May. Continue reading

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What’s Ahead For Mortgage Rates This Week – June 3, 2013

This week’s financial news was relatively limited due to the Memorial Day holiday and no economic reports being released on Wednesday. The biggest news in terms of housing and mortgages was the S&P/Case-Shiller Housing Market Indices (HMI) released on Tuesday. Continue reading

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What’s Ahead For Mortgage Rates This Week – April 22, 2013

Mortgage rates fell for the third consecutive week. According to Freddie Mac, the average rate for a 30-year fixed rate mortgage fell by two basis points to 3.41 percent as compared to last week’s 3.43 percent and 3.90 percent year-over-year. Continue reading

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What’s Ahead For Mortgage Rates This Week – April 15, 2013

Mortgage rates saw little change last week amidst mixed economic news.

Treasury auctions held on Tuesday, Wednesday and Thursday saw weak demand; this could have been caused by the FOMC minutes that were released on Wednesday. Continue reading

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