Jan 23, 2017 | Blog, Mortgage Rates
Economic news was impacted by the Martin Luther King holiday on Monday and the Presidential Inauguration on Friday. Readings released included reports on inflation, the National Association of Home Builders Housing Market Index and Commerce Department releases on...
Jan 17, 2017 | Blog, Mortgage Rates
Last week’s economic reports included readings on job openings, retail sales and consumer sentiment in addition to weekly reports on new jobless claims and Freddie Mac’s survey of mortgage rates. Job Openings Hold Steady in November; Quits and Hires...
Jan 9, 2017 | Blog, Mortgage Rates
2017 started with good news; fixed mortgage rates were lower, but the national unemployment rate ticked upward and labor reports showed fewer openings for public and private sector jobs. Construction spending was higher in November. Mortgage Rates Lower; Construction...
Jan 2, 2017 | Blog, Mortgage Rates
Last week’s economic reports were in short supply due to the Christmas holiday. Events reported included Case-Shiller home price indices, pending home sales and weekly readings on mortgage rates and new jobless claims. Consumer confidence was also released....
Dec 26, 2016 | Blog, Mortgage Rates
Last week’s economic news included readings on consumer spending, core inflation new home sales and regularly scheduled readings on mortgage rates and new jobless claims. Consumer Spending Dips in November Commerce Department reports on consumer spending in...
Dec 19, 2016 | Blog, Mortgage Rates
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...