by John Evans | Dec 30, 2013 | Mortgage Rates
The University of Michigan’s Consumer Sentiment Index was improved for December at 82.5, after the November reading was adjusted from 82.5 to 75. Analysts noted that consumers were relieved when legislative gridlock ended. Durable goods orders reached their...
by John Evans | Dec 23, 2013 | Mortgage Rates
According to December’s NAHB/Wells Fargo Housing Market Index, home builder confidence rose by four points to a reading of 58; this surpassed the consensus of 56 and November’s reading of 56. November Housing Starts were released Wednesday and also...
by John Evans | Dec 16, 2013 | Mortgage Rates
Mortgage Debt Rises For First Time Since Recession Last week was relatively quiet concerning scheduled housing-related news, but the Federal Reserve’s financial accounts report, released on Monday, indicated that mortgage debt in the U.S. had increased for the...
by John Evans | Dec 12, 2013 | Mortgage Rates
Interest rates fluctuate frequently, often depending on the news. If you are considering refinancing your home, your loan officer may suggest locking in the interest rate on your loan. There are some valid reasons why this is a good idea including: Saving Money For...
by John Evans | Dec 9, 2013 | Mortgage Rates
Last week brought several indicators of a strengthening economy. New home sales, private and federal employment and mortgage rates rose. The Department of Commerce released construction spending numbers for October with mixed results. Although public projects fueled...
by John Evans | Dec 2, 2013 | Mortgage Rates
The short holiday week brought a flurry of economic reports last week. Highlights included pending home sales, the S&P Case-Shiller Housing Market Indices and the FHFA home price index. No reports were released on Thursday and Friday in observance of the...
