by John Evans | Nov 6, 2017 | Mortgage Rates
Last week’s economic news included readings on Case-Shiller home prices, construction spending, and consumer sentiment. Labor sector readings on private and public employment and the national unemployment rate were also released. Weekly readings on mortgage...
by John Evans | Oct 30, 2017 | Mortgage Rates
Last week’s economic news included readings on new and pending home sales and weekly reports on mortgage rates and new jobless claims. New Home Sales Exceed Expectations; No Growth for Pending Sales September sales of new homes reached a 10-year high with a...
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...