Category: Market News

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

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

December 19, 2016 |

Housing news was boosted by the National Association of Home Builders Housing Market Index, which posted its highest readings since July of 2002. In other news, the Federal Reserve’s Federal Open Market Committee voted to raise the federal funds rate and Fed Chair Janet Yellen gave a press conference. Mortgage rates rose and weekly jobless claims fell.

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What’s Ahead For Mortgage Rates This Week – December 5, 2016

What’s Ahead For Mortgage Rates This Week – December 5, 2016

December 5, 2016 |

Last week’s economic news was plentiful with releases on Case-Shiller Home Price Indices and pending home sales. Readings on government and private sector jobs created, the national unemployment rate and weekly readings on new jobless claims and Freddie Mac’s mortgage rates survey were also released.

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What’s Ahead For Mortgage Rates This Week – November 29, 2016

What’s Ahead For Mortgage Rates This Week – November 29, 2016

November 29, 2016 |

Last week’s economic reports included new and pre-owned home sales, new jobless claims and Freddie Mac’s weekly mortgage rates survey.

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S&P Case-Shiller: Home Prices Gain in August

S&P Case-Shiller: Home Prices Gain in August

October 27, 2016 |

Home prices gained in August per the 20-City S&P Case-Shiller Home Price Index. Analysts said that home values continue to expand in spite of challenges including low inventories of available homes and strict mortgage qualification requirements.

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What’s Ahead For Mortgage Rates This Week – October 24, 2016

What’s Ahead For Mortgage Rates This Week – October 24, 2016

October 24, 2016 |

Last week’s economic releases included the National Association of Home Builders’ Housing Market Index along with reports on housing starts, building permits and sales of previously owned homes. Weekly reports on new jobless claims and mortgage rates were also released.

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NAHB Housing Market Index Dips 2 Points

NAHB Housing Market Index Dips 2 Points

October 19, 2016 |

According to the National Association of Home Builders, overall builder confidence in housing markets dropped two points in October to an index reading of 63. September’s reading of 65 was the highest posted since the housing bubble peak.

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What’s Ahead For Mortgage Rates This Week – October 3, 2016

What’s Ahead For Mortgage Rates This Week – October 3, 2016

October 3, 2016 |

Last week’s economic releases included reports on new and pending home sales, S&P Case-Shiller Home Price Indices and regularly scheduled weekly reporting on mortgage rates and weekly jobless claims. Readings on consumer sentiment and confidence were also released.

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What’s Ahead For Mortgage Rates This Week – September 26, 2016

What’s Ahead For Mortgage Rates This Week – September 26, 2016

September 26, 2016 |

Last week’s economic news was abundant with releases on home builder sentiment, housing starts, building permits, sales of previously owned homes. The Federal Open Market Committee of the Federal Reserve released its customary statement at the conclusion of its meeting; Fed Chair Janet Yellen also gave a press conference. Weekly readings on new jobless claims and mortgage rates were released as usual.

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Market News for September 8, 2016

Market News for September 8, 2016

September 8, 2016 |

Despite the recent positive developments in the labor force, things may not be as good as they seem. In a recent report by President Obama’s Council of Economic Advisers, 83% of men in the prime working ages of 25-54 who were not in the labor force had not worked in the previous year. This equals […]

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Market News for September 7, 2016

Market News for September 7, 2016

September 7, 2016 |

The Bureau of Labor Statistics reported this morning that job openings across the country rose to an all-time high of 5.9 million, as evidenced by its Job Openings and Labor Turnover Survey (JOLTS) report. The number of job openings increased over the month for total private companies and was little changed for government. Job openings […]

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