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What’s Ahead For Mortgage Rates This Week – September 19, 2016

Last week’s economic news included reports on retail sales, inflation, and weekly reports on mortgage rates and new jobless claims.

Posted in: Mortgage Rates Tagged: Mortgage Rates, Retail Sales

What’s Ahead For Mortgage Rates This Week – June 15, 2015

Retail sales rose for the third consecutive month. May sales increased at a seasonally adjusted rate of 1.20 percent according to Commerce Department data.

Posted in: Market Outlook Tagged: Commerce Department, Jobless Claims, Retail Sales

Mortgage Rates Climb Sharply After Retail Sales Report

The U.S. economy is expanding, fueled by a renewed consumer optimism and increased consumer spending.

Posted in: Budgeting, Existing Home Sales, FL, Florida, Home Values, Mortgage Rates, Parkland, Parkland FL, Parkland Florida, Parkland Golf & Country Club, Parkland Golf and Country Club, Parkland Homes, Parkland Isles, Parkland Reserve, South Florida, The Economy Tagged: Census Bureau, Home Affordability, Retail Sales

With Retail Sales And Consumer Confidence Rising, Home Prices Are Expected To Follow

If you have plans to buy a home in 2012, the best time to buy may be now. Today’s mortgage rates are low and so are the home prices — a combination that’s unlikely to last.

Posted in: FL, Florida, Housing Analysis, Jobs, Mortgage Rates, Parkland, Parkland FL, Parkland Florida, Parkland Golf & Country Club, Parkland Golf and Country Club, Parkland Homes, Parkland Isles, Parkland Reserve, Retail Sales, Retail Sales Data, South Florida, The Economy Tagged: Home Affordability, Retail Sales, Survey of Consumers

Home Affordability Set To Worsen On Thursday’s Retail Sales Data

Consumer spending continues to rise nationwide, fueled by jobs growth and a rosier outlook for the U.S. economy. Unfortunately for mortgage rate shoppers, it may also lead to higher mortgage rates later this week.

Posted in: Coral Springs, Coral Springs FL, Coral Springs Homes, FL, Florida, Heron Bay, Mortgage Rates, Parkland, Parkland FL, Parkland Florida, Parkland Golf & Country Club, Parkland Golf and Country Club, Parkland Homes, Parkland Isles, Parkland Reserve, South Florida, The Economy Tagged: Consumer Spending, Non-Farm Payrolls, Retail Sales

Retail Sales Expected To Rise; Mortgage Rates Should Rise, Too

The American Consumer is alive and well, it seems. Retail Sales are up 14 months in a row.

Posted in: The Economy Tagged: Census Bureau, Consumer Spending, Retail Sales

Retail Sales Rise For 12th Straight Month In June

The American Consumer will not be deterred. Despite worsening jobless figures and an increase in the Cost of Living, Retail Sales are climbing.

Posted in: The Economy Tagged: Consumer Spending, Jobs, Retail Sales

Mortgage Rates Surge On May Retail Sales Figures

Retail Sales rose for the 11th straight month in May. Excluding cars and auto parts, sales receipts climbed to $322 billion last month. It’s an all-time high and another example of the U.S. economy’s resiliency.

Posted in: The Economy Tagged: Consumer Spending, Mortgage Rates, Retail Sales

Rising Retail Sales Threaten Low Mortgage Rates

Thursday, the Census Bureau released the April Retail Sales report. Excluding cars and auto parts, retail receipts rose for the 10th straight month and, at $321 billion, reached an all-time high.

Posted in: The Economy Tagged: Census Bureau, Retail Sales

Retail Sales Report Should Spell Higher Mortgage Rates For Wednesday

Wednesday, the Census Bureau will release its March Retail Sales figures and the report is expected to show higher sales receipts for the 9th straight month. A strong reading like that should spell higher mortgage rates nationwide.

Posted in: The Economy Tagged: Non-Farm Payrolls, Retail Sales

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

954-415-5595 Direct

954-449-9325 Office

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Coral Springs, FL 33076

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