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What’s Ahead For Mortgage Rates This Week – March 10, 2014

Posted on March 10, 2014 by admin

Last week’s economic news included construction spending and the CoreLogic Home Price Index for January. Reports for February included ADP Employment, Non-Farm Payrolls and national unemployment data. Continue reading →

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

Posted on March 3, 2014 by admin

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

Posted on February 24, 2014 by admin

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

Posted on February 18, 2014 by admin

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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What’s Ahead For Mortgage Rates This Week – February 10, 2014

Posted on February 10, 2014 by admin

Last week’s mortgage and housing-related reports began with Construction Spending for December, with a reading of 0.10 percent or a seasonally adjusted $930.5 billion.

December’s reading fell short of an expected increase of 0.40 percent. Continue reading →

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FOMC Statement Shows Tapering Of Quantitative Easing Purchases

Posted on February 4, 2014 by admin

According to a statement provided by the Federal Open Market Committee of the Federal Reserve, the committee has approved another reduction of the Fed’s monthly asset purchases. Continue reading →

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What’s Ahead For Mortgage Rates This Week – February 03, 2014

Posted on February 3, 2014 by admin

Last week brought mixed news; while the Department of Commerce reported a dip in new home sales, mortgage rates also fell. The Federal Reserve’s FOMC statement revealed that quantitative easing would be further reduced by an additional $10 billion monthly. Continue reading →

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What’s Ahead For Mortgage Rates This Week – January 27, 2014

Posted on January 27, 2014 by admin

Last week was an action-packed week for economic news, and all of it was packed into Thursday. Continue reading →

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What’s Ahead For Mortgage Rates This Week – January 20, 2014

Posted on January 20, 2014 by admin

Welcome news arrived last week as lower mortgage rates and a higher number of housing starts were reported. Other economic news was mixed. Continue reading →

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What’s Ahead For Mortgage Rates This Week – January 13, 2014

Posted on January 13, 2014 by admin

The first post-holiday week of 2014 brought mixed economic and housing-related news. CoreLogic reported via its Housing Market Index that November home prices grew by 11.80 percent year-over-year. Continue reading →

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