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...
by John Evans | Nov 25, 2013 | Mortgage Rates
Last week’s scheduled economic news was varied, but mortgage rates fell and jobless claims were significantly lower than expected. The minutes for last month’s FOMC meeting were released, and confirmed the Federal Reserve’s intention to leave its...
by John Evans | Nov 18, 2013 | Mortgage Rates
The Veterans Day holiday on Monday contributed to a quiet week for economic news. On Wednesday the reading for the federal budget deficit for October fell from September’s reading of -$120 billion to -$92 billion. Freddie Mac Released Its Primary Mortgage Market...