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

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. Case–Shiller: Home Prices Continue Growth Case-Shiller Home Price Index reports indicated incremental growth in October with home prices growing month-to-month 0.70 percent for the S&P Case-Shiller 30-City Home […]

Posted in: Mortgage Rates Tagged: Market Outlook, Mortgage Rates

What’s Ahead For Mortgage Rates This Week – February 16, 2016

Last week’s economic events included weekly releases on new jobless claims, mortgage rates and testimony by Fed Chair Janet Yellen concerning the Federal Reserve’s monetary policy.

Posted in: Market Outlook Tagged: Federal Reserve, FOMC, Market Outlook

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

Last week’s scheduled economic news included reports on construction spending and several labor-related reports along with weekly reports on mortgage rates and new jobless claims. The details:

Posted in: Market Outlook Tagged: Federal Reserve, Freddie Mac, Market Outlook

What’s Ahead For Mortgage Rates This Week – Feburary 1, 2016

Last week’s economic events included S&P Case-Shiller’s home price indexes, reports on new and pending home sales and the Fed’s FOMC statement. The details:

Posted in: Market Outlook Tagged: Case-Shiller, FOMC, Freddie Mac, Market Outlook

FOMC Statement: Fed Holds Steady on Rates

According to statement issued at the conclusion of today’s Federal Open Market Committee meeting, committee members decided against raising the target federal funds rate. Mixed economic conditions, slower economic growth in the 4th quarter and low inflation contributed to the decision against raising rates. The target federal funds rate was raised in December to a range of 0.25 to 1.59 percent after remaining at 0.00 to 0.25 percent for several years. While rising fed rates were expected to cause a hike in mortgage rates, mortgage rates fell after December’s rate hike.

Posted in: Market Outlook Tagged: Federal Open Market Committee, FOMC, Janet Yellen, Market Outlook

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.

Posted in: Market Outlook Tagged: Freddie Mac, Jobless Claims, Market Outlook, National Association of REALTORS

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

In addition to weekly reports on mortgage rates and new unemployment claims, last week’s economic news included the Fed’s Beige Book report, retail sales and consumer sentiment. January’s Empire State Index showed an unexpected dip and Consumer Sentiment increased for January.

Posted in: Market Outlook Tagged: Beige Book, Federal Reserve, Freddie Mac, Market Outlook

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.

Posted in: Market Outlook Tagged: Commerce Department, Freddie Mac, Jobless Claims, Market Outlook

What’s Ahead For Mortgage Rates This Week – January 04, 2016

2015 said farewell with reports on Case Shiller home prices, pending home sales, and consumer confidence.

Posted in: Market Outlook Tagged: Case-Shiller, Freddie Mac, Market Outlook

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

This week’s report of economic events is shortened due to the Christmas holiday. Economic news through Wednesday included Existing Home Sales, New Home Sales and Consumer Spending.

Posted in: Market Outlook Tagged: Existing Home Sales, Market Outlook, National Association of REALTORS, New Home Sales

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Parkland FL REALTOR®Jon Klein, REALTOR®, P.A.,GRI

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