Mortgage Rates

What’s Ahead For Mortgage Rates This Week – June 2, 2014
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What’s Ahead For Mortgage Rates This Week – June 2, 2014

Last week’s economic news was fairly quiet due to the Memorial Day holiday on Monday and no scheduled news released on Wednesday.

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What’s Ahead For Mortgage Rates This Week – March 3, 2014

What’s Ahead For Mortgage Rates This Week – March 3, 2014

Last week’s economic news was mixed, with new home sales increasing and weekly jobless claims higher than expected.

Case-Shiller and FHFA home price reports reflected slower growth in home prices. Mortgage rates moved higher for the third consecutive week.

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What’s Ahead For Mortgage Rates This Week – February 24, 2014
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What’s Ahead For Mortgage Rates This Week – February 24, 2014

Last week’s economic data supported recent reports indicating that housing markets are slowing, The National Association of Home builders/Wells Fargo Home Builders Index (HBI) dropped by 10 points to a reading of 46 for February.

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What’s Ahead For Mortgage Rates This Week – February 18, 2014
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What’s Ahead For Mortgage Rates This Week – February 18, 2014

Last week’s economic news was dominated by the first address by the new Fed chairperson, Janet Yellen.

Tuesday’s news included the Jobs Openings report for December 2013, which matched November’s reading of 4.0 million jobs available.

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What’s Ahead For Mortgage Rates This Week – February 10, 2014
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What’s Ahead For Mortgage Rates This Week – February 10, 2014

Residential Construction Spending Up

Last week’s mortgage and housing-related reports began with Construction Spending for December, with a reading of 0.10 percent or a seasonally adjusted $930.5 billion.

December’s reading fell short of an expected increase of 0.40 percent.

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What’s Ahead For Mortgage Rates This Week – February 03, 2014
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What’s Ahead For Mortgage Rates This Week – February 03, 2014

Last week brought mixed news; while the Department of Commerce reported a dip in new home sales, mortgage rates also fell. The Federal Reserve’s FOMC statement revealed that quantitative easing would be further reduced by an additional $10 billion monthly.

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What’s Ahead For Mortgage Rates This Week – January 27, 2014
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What’s Ahead For Mortgage Rates This Week – January 27, 2014

Last week was an action-packed week for economic news, and all of it was packed into Thursday.

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What’s Ahead For Mortgage Rates This Week – January 20, 2014
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What’s Ahead For Mortgage Rates This Week – January 20, 2014

Welcome news arrived last week as lower mortgage rates and a higher number of housing starts were reported. Other economic news was mixed.

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What’s Ahead For Mortgage Rates This Week – January 13, 2014
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What’s Ahead For Mortgage Rates This Week – January 13, 2014

The first post-holiday week of 2014 brought mixed economic and housing-related news. CoreLogic reported via its Housing Market Index that November home prices grew by 11.80 percent year-over-year.

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What’s Ahead For Mortgage Rates This Week – January 6, 2014
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What’s Ahead For Mortgage Rates This Week – January 6, 2014

The last week of 2013 brought relatively good news in view of the economic roller coaster rides caused by legislative impasse. A brief shutdown of federal government agencies, and nail-biting suspense over if and when the FOMC of the Federal Reserve would taper its quantitative easing program.

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