What’s Ahead For Mortgage Rates This Week – May 22, 2017

May 22, 2017 by John · Leave a Comment 

Last week’s economic reports included readings from the National Association of Home Builders, Commerce Department readings on housing starts and building permits and weekly reports on mortgage rates and new jobless claims.

What’s Ahead For Mortgage Rates This Week – May 15, 2017

May 15, 2017 by John · Leave a Comment 

Last week’s economic reports included readings on inflation and core inflation, retail sales and consumer sentiment. Weekly reports on new jobless claims and mortgage rates were also released.

What’s Ahead For Mortgage Rates This Week – May 8, 2017

May 8, 2017 by John · Leave a Comment 

Last week’s economic news included readings on construction spending, the post-meeting statement by the Fed’s Open Market Committee and labor-related reports including ADP payrolls, Non-farm payrolls and the national unemployment rate. Weekly readings on new jobless claims and mortgage rates were also released.

What’s Ahead For Mortgage Rates This Week – May 1, 2017

May 1, 2017 by John · Leave a Comment 

Last week’s economic news included readings on Case-Shiller Home Prices Indices, new and pending home sales. Weekly readings on new jobless claims and average mortgage rates were also released. Case-Shiller reported that home prices rose by 0.20 percent from January to February with a year-over- year growth rate of 5.80 percent.

What’s Ahead For Mortgage Rates This Week – April 24, 2017

April 24, 2017 by John · Leave a Comment 

Mortgage rates fell below three percent according to Freddie Mac. The average rate for a 30-year fixed rate mortgage dropped from 4.08 percent to 3.97 percent; the average rate for a 15-year fixed rate mortgage fell by nine basis point from 3.34 percent to 3.23 percent. The average rate for a 5/1 adjustable rate mortgage was eight basis points lower at 3.10 percent. Discount points averaged 0.50 percent for fixed rate mortgages and 0.40 percent for a 5/1 adjustable rate mortgage. Lower mortgage rates are good news for home buyers challenged by rapidly rising home prices based on high demand and low supplies of homes for sale.

What’s Ahead For Mortgage Rates This Week – April 17, 2017

April 17, 2017 by John · Leave a Comment 

Last week’s economic releases included readings on inflation, core inflation, new jobless claims, and mortgage rates. Consumer sentiment for April was also released.

What’s Ahead For Mortgage Rates This Week – April 3, 2017

April 3, 2017 by John · Leave a Comment 

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

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

March 27, 2017 by John · Leave a Comment 

Last week’s economic news included releases on new and pre-owned home sales and weekly readings on average mortgage rates and new unemployment claims.

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

March 20, 2017 by John · Leave a Comment 

Last week’s economic readings included reports on inflation and core inflation, the National Association of Home Builders Association Housing Market Index and Federal Reserve FOMC statement and press conference by Fed Chair Janet Yellen. The Commerce Department released reports on housing starts and building permits issued.

What’s Ahead For Mortgage Rates This Week – March 13, 2017

March 13, 2017 by John · Leave a Comment 

Last week’s economic readings included reports on construction spending, Case-Shiller Home Price Indices and pending home sales. Fed Chair Janet Yellen said in a speech that federal interest rates would “likely” be raised. Weekly reports on new jobless claims and mortgage rates were also released.

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