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What’s Ahead For Mortgage Rates This Week – August 8, 2016

Last week’s economic reports included construction spending, personal income, and multiple reports on employment. Freddie Mac’s mortgage rates survey and new jobless claims were also released. . . . → Read More: What’s Ahead For Mortgage Rates This Week – August 8, 2016

What’s Ahead For Mortgage Rates This Week – July 18, 2016

Last week’s economic news included reports on inflation, retail sales and weekly readings on mortgage rates and weekly jobless claims. . . . → Read More: What’s Ahead For Mortgage Rates This Week – July 18, 2016

What’s Ahead For Mortgage Rates This Week – July 11, 2016

New jobless claims were decreased to a three-month low of 254,000 as compared to expectations of 265,000 new claims and the prior week’s reading of 270,000 new claims. New jobless claims were higher after the end of the school year, when some school workers became eligible for benefits when schools closed for summer break. . . . → Read More: What’s Ahead For Mortgage Rates This Week – July 11, 2016

What’s Ahead For Mortgage Rates This Week – June 20, 2016

Mortgage rates fell after Federal Reserve policymakers decided not to raise the Fed’s target federal funds rate. The Federal Open Market Committee cited ongoing concerns over global financial and economic developments and slow jobs growth as factors in its decision not to raise rates. Fed Chair Janet Yellen emphasized the committee’s decision-making process is not predetermined and said that ongoing review of current and developing news is significant to monetary policy decisions. . . . → Read More: What’s Ahead For Mortgage Rates This Week – June 20, 2016

What’s Ahead For Mortgage Rates This Week – January 25, 2016

Last week’s scheduled economic news included releases from the National Association of Home Builders, Housing Starts, and Existing Home Sales. Weekly reports on new jobless claims and mortgage rates were also released. . . . → Read More: What’s Ahead For Mortgage Rates This Week – January 25, 2016

What’s Ahead For Mortgage Rates This Week – January 11, 2016

The first week of 2016 was quiet concerning housing and mortgage related news, but reports on construction spending and several labor-related reports were released. . . . → Read More: What’s Ahead For Mortgage Rates This Week – January 11, 2016

What’s Ahead For Mortgage Rates This Week – December 07, 2015

Multiple economic reports released last week indicate further improvement in economic conditions. Pending home sales, construction spending and ADP payrolls increased while Non-farm Payrolls fell and the national unemployment rate held steady. . . . → Read More: What’s Ahead For Mortgage Rates This Week – December 07, 2015

What’s Ahead For Mortgage Rates This Week – November 30, 2015

Although last week’s economic calendar was cut short by the Thanksgiving holiday, several housing-related reports were released. The FHFA reported on third quarter results for its Housing Market Index and the Commerce Department reported on new home sales for October. Freddie Mac released its weekly report on mortgage rates and data on new weekly jobless claims was also released. . . . → Read More: What’s Ahead For Mortgage Rates This Week – November 30, 2015

What’s Ahead For Mortgage Rates This Week – September 28, 2015

Last week’s scheduled economic news included reports on new and existing home sales, the FHFA House Price Index, and weekly reports on mortgage rates and new jobless claims. The week finished with a report on consumer sentiment. . . . → Read More: What’s Ahead For Mortgage Rates This Week – September 28, 2015

What’s Ahead For Mortgage Rates This Week – September 14, 2015

A short week after the Labor Day Holiday provided a slack schedule for economic news. Bloomberg reported that residential investment for the second quarter of 2015 represented 3.34 percent of the Gross Domestic Product. Compared to the long-term average reading of 4.56 percent, analysts said that the Q2 15 reading suggested pent-up demand in the housing market that could help propel the economy through any setbacks that could occur when the Fed raises rates. . . . → Read More: What’s Ahead For Mortgage Rates This Week – September 14, 2015