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

Posted on March 2, 2015 by admin

Last week provided several housing-related reports including New Home Sales, Pending Home Sales and Existing Home Sales reports. Case-Shiller and FHFA also released data on home prices. Continue reading →

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Case-Shiller: Rising Home Prices Boost Inflation

Posted on February 25, 2015 by admin

December home prices rose by 0.10 percent according to the Case-Shiller 20-City Home Price Index. The composite report tracks home prices in 20 U.S. cities. December’s results boosted home prices by 4.50 percent year-over-year, which is approximately double the inflation rate for 2014. Continue reading →

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What’s Ahead For Mortgage Rates This Week – February 23, 2015

Posted on February 23, 2015 by admin

Last week’s housing related reports included the National Association of Home Builders (NAHB) Housing Market Index for February, The Commerce Department’s report on Housing Starts for January and Freddie Mac’s weekly report on average mortgage rates. The Federal Reserve released the minutes of January’s FOMC meeting, which indicated that FOMC members are in no hurry to raise the target federal funds rate. Continue reading →

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

Posted on February 17, 2015 by admin

Last week’s economic news included an index of labor market conditions provided by the Federal Reserve, a report on small business sentiment, and a report from the Labor Department on job openings. Weekly jobless claims, Freddie Mac’s mortgage rates report and a report on Consumer Sentiment rounded out the week. Continue reading →

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What’s Ahead For Mortgage Rates This Week – Feburary 9, 2015

Posted on February 9, 2015 by admin

Last week’s economic news included construction spending, which fell shy of expectations but exceeded the prior month’s spending, and several consumer and labor-related reports. Continue reading →

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

Posted on February 2, 2015 by admin

Last week’s economic reports included Case-Shiller 10 and 20-City Home Price Index reports for November along with new and pending home sales for December. Freddie Mac reported on average mortgage rates and new jobless claims dipped unexpectedly. Continue reading →

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

Posted on January 26, 2015 by admin

Last week’s economic reports included the National Association of Home Builders Wells Fargo Housing Market Index, Housing Starts for December and the FHFA Home Price Index report for November. Freddie Mac and the Department of Commerce released their weekly reports on mortgage rates and new jobless claims. Continue reading →

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NAHB: Home Builder Confidence Nears 2005 High

Posted on January 21, 2015 by admin

The National Association of Homebuilders (NAHB) Wells Fargo Housing Market Index reported that homebuilder confidence in sales conditions for single-family homes declined one point to a reading of 57. The NAHB Housing Market Index measures home builder confidence based on builder opinions of current market conditions, future market conditions and buyer foot traffic in new homes. Continue reading →

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What’s Ahead For Mortgage Rates This Week – January 20, 2015

Posted on January 20, 2015 by admin

Last week’s scheduled economic news was mixed. Job openings increased and jobless claims increased, and consumer sentiment rose. Mortgage rates fell across the board. Labor market conditions improved and consumer prices fell in large part due to decreasing fuel prices. Continue reading →

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What’s Ahead For Mortgage Rates This Week – January 12, 2015

Posted on January 12, 2015 by admin

Last week’s economic news was dominated by labor reports and FHA’s announcement that it will lower its mortgage insurance premiums in an effort to make homes more affordable for first-time and moderate income home buyers. Mortgage rates fell last week as employment reports showed strengthening job markets. Continue reading →

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