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

Posted on August 18, 2014 by admin

Last week’s economic news brought little housing-related content, but several economic reports in other sectors contributed to overall perceptions of the economy. Continue reading →

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What’s Ahead For Mortgage Rates This Week – Aug 4, 2014

Posted on August 4, 2014 by admin

Last week’s economic news included a number of housing related reports. According to the National Association of REALTORS, pending home sales dropped by 1.10 percent in June. The S P Case-Shiller Home Price Index reports for May noted that home prices are growing at a slower rate of 9.30 percent year-over-year than April’s year-over-year growth rate of 10.80 percent. Continue reading →

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What’s Ahead For Mortgage Rates This Week – July 28, 2014

Posted on July 28, 2014 by admin

Last week’s economic news brought several housing-related reports, which indicated varying results in terms of gauging the economic recovery. Continue reading →

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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 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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FOMC Minutes: Committee Discusses “Normalizing” Policy

Posted on May 28, 2014 by admin

April’s meeting of the Fed’s Federal Open Market Committee was held along with the Board of Governors of the Federal Reserve System. Continue reading →

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March Retail Sales – Highest Level Since September Of 2012

Posted on May 1, 2014 by admin

The FOMC of the Federal Reserve released its customary statement after its meeting concluded April 30. Continue reading →

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