by John Evans | May 16, 2016 | Mortgage Rates
Last week’s economic news included reports on retail sales and consumer sentiment along with weekly releases on new jobless claims and mortgage rates. Retail sales jumped 1.30 percent in April as compared to the March reading of 0.30 percent. Retail sales...
by John Evans | May 9, 2016 | Mortgage Rates
Mortgage rates fell across the board last week according to Freddie Mac’s Primary Mortgage Market Survey. Other economic news included reports on construction spending, public and private sector employment and national unemployment. Construction Spending Grows...
by John Evans | May 2, 2016 | Mortgage Rates
Last week’s economic news included Case-Shiller Home Price Indices, along with new and pending home sales readings. The Federal Open Market Committee of the Federal Reserve met analyst’s expectations and did not raise the target federal funds rate, which...
by John Evans | Apr 25, 2016 | Mortgage Rates
Last week’s economic releases included Existing Home Sales, Commerce Department Releases on Housing Starts and Building Permits and the National Association of Home Builders/Wells Fargo Housing Market Index. Mortgage rates and new jobless claims were released...
by John Evans | Jul 2, 2015 | Mortgage Rates
One of the more common methods that home loan applicants use to find the best loan program available is to compare interest rates, but choosing the lowest rate possible is not always the best option available. In fact, in some cases, it may be one of the least...
by John Evans | Mar 18, 2015 | Mortgage Rates
When applying for a new home mortgage, many loan applicants initially consider applying for a 30-year fixed rate mortgage. This is perhaps the most common and traditional type of mortgage available. It allows you to enjoy the opportunity to pay for your home over the...