What’s Ahead For Mortgage Rates This Week – January 29, 2018

January 29, 2018 by John · Leave a Comment 

December sales of previously-owned homes dipped to an 18-year low with a reading of 5.57 million sales on a seasonally-adjusted annual basis. Pre-owned home sales were expected to reach 5.73 million homes based on November’s downwardly- revised reading of 5.78 million sales. December sales were 3.6 percent lower month-to-month, but were 1.10 percent higher year-over-year.

What’s Ahead For Mortgage Rates This Week – January 22, 2018

January 22, 2018 by John · Leave a Comment 

Last week’s economic news included readings on home builder confidence, housing starts and building permits issued. Weekly readings on mortgage rates and new jobless claims were also released; the week wrapped with the University of Michigan’s report on consumer sentiment.

What’s Ahead For Mortgage Rates This Week – January 16, 2018

January 16, 2018 by John · Leave a Comment 

Consumer prices fell from November’s reading of 0.40 percent growth to o.10 percent growth in December, which matched expectations. The Core Consumer Price Index, which excludes volatile food and energy prices, dropped to 0.30 percent from November’s growth rate of 0.40 percent. Analysts expected a Core CPI reading of 0.20 percent for December.

What’s Ahead For Mortgage Rates This Week – January 8, 2018

January 8, 2018 by John · Leave a Comment 

Last week’s economic reports included readings on construction spending, minutes of the most recent meeting of the Fed’s Federal Open Market Committee. Labor reports including ADP, Non-Farm Payrolls, and national unemployment were released along with weekly readings on mortgage rates and new jobless claims.

What’s Ahead For Mortgage Rates This Week – January 2, 2018

January 2, 2018 by John · Leave a Comment 

Last week’s economic readings included Case-Shiller Home Price Indices, pending home sales and consumer confidence. Weekly readings on mortgage rates and new jobless claims were also released.

What’s Ahead For Mortgage Rates This Week – December 18, 2017

December 18, 2017 by John · Leave a Comment 

Last week’s economic reporting included readings on inflation, core inflation and the Post-meeting statement of the Fed’s Federal Open Market Committee. Fed Chair Janet Yellen also gave a press conference; weekly readings on mortgage rates and new jobless claims were also released.

What’s Ahead For Mortgage Rates This Week – December 11, 2017

December 11, 2017 by John · Leave a Comment 

Last week’s economic reports included readings on projected top housing markets for 2018, weekly readings on mortgage rates and new jobless claims. Labor sector readings on private-sector job growth, private and public-sector job growth and the national unemployment rate were released. Projected top housing markets in 2018 were also released.

What’s Ahead For Mortgage Rates This Week – December 4, 2017

December 4, 2017 by John · Leave a Comment 

Last week’s economic releases included readings on new and pending home sales, Case-Shiller index readings for September, and construction spending. Weekly readings on new jobless claims and mortgage rates were also released.

What’s Ahead For Mortgage Rates This Week – November 27, 2017

November 27, 2017 by John · Leave a Comment 

Last week’s economic reports included readings on pre-owned home sales, weekly reports on mortgage rates and new jobless claims and consumer sentiment. The weekly news cycle was shorter due to the Thanksgiving holidays on Thursday and Friday.

What’s Ahead For Mortgage Rates This Week – November 20, 2017

November 20, 2017 by John · Leave a Comment 

Last week’s economic news included remarks by Fed Chair Janet Yellen about the diversity of opinions in the Federal Open Market Committee, readings on inflation, and the National Association of Home Builders Housing Market Index. The Commerce Department issued reports on housing starts and building permits issued; Freddie Mac and the Commerce Department issued weekly readings on mortgage rates and new jobless claims.

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