by John Evans | Oct 16, 2017 | Mortgage Rates
Last week’s economic reports included minutes of the Fed’s Federal Open Market Committee meeting held in September along with releases on inflation and weekly reports on mortgage rates and new jobless claims. FOMC Meeting Minutes Indicate December Rate...
by John Evans | Oct 9, 2017 | Mortgage Rates
Fixed mortgage rates rose by two basis points last week as the average rate for a 5/1 adjustable rate mortgage dropped by two basis points. Construction spending returned to positive territory, but job growth dropped in public and private sectors. National...
by John Evans | Sep 25, 2017 | Mortgage Rates
Last week’s economic news included readings on housing starts, building permits issued and sales of pre-owned homes. The Fed’s Federal Open Market Committee issued its customary post-meeting statement and Fed Chair Janet Yellen gave a press conference....
by John Evans | Sep 18, 2017 | Mortgage Rates
Last week’s economic readings release included reports on inflation, core inflation retail sales and retail sales excluding autos. Consumer sentiment, along with weekly readings on mortgage rates and new jobless claims were also reported. Inflation Exceeds...
by John Evans | Sep 11, 2017 | Mortgage Rates
Last week’s economic news was slim due to the Labor Day Holiday. Scheduled releases included the Fed’s Beige Book Report and weekly readings on mortgage rates and new jobless claims. Beige Book Cites Concerns Over U.S. Auto Industry Federal Reserve...
by John Evans | Sep 5, 2017 | Mortgage Rates
Last week’s economic reports included readings on home prices, pending home sales and construction spending. Weekly reports on mortgage rates and new jobless claims were released along with labor-sector readings on Non-Farm Payrolls, ADP employment and National...
