by John Evans | Mar 6, 2017 | Mortgage Rates
Last week’s economic readings included reports on construction spending, Case-Shiller Home Price Indices and pending home sales. Fed Chair Janet Yellen said in a speech that federal interest rates would “likely” be raised. Weekly reports on new...
by John Evans | Feb 27, 2017 | Mortgage Rates
Last week’s readings on new and existing home sales provided further evidence of strengthening housing markets. Both categories of home sales exceeded December’s readings. Consumer sentiment was lower in February than for January and average rates were...
by John Evans | Feb 21, 2017 | Mortgage Rates
Last week’s economic releases included readings on housing starts, building permits issued and the National Association of Home Builders/ Wells Fargo Housing Market Index. Fed Chair Janet Yellen testified before the House Finance Committee and consumer spending...
by John Evans | Feb 13, 2017 | Mortgage Rates
Last week’s scheduled economic readings were limited and included new jobless claims and Freddie Mac’s mortgage rates survey. In other news, all types of mortgage applications rose by 2.30 percent this week as compared to the prior week. Mortgage Rates...
by John Evans | Feb 6, 2017 | Mortgage Rates
Last week’s economic news included several good signs for U.S. Labor Markets with higher than expected readings for private and public sector job creation. The Federal Reserve announced its decision not to raise the target federal funds range, and inflation...
by John Evans | Jan 30, 2017 | Mortgage Rates
Last week’s economic news included readings on new and existing home sales and mortgage rates. Also released were reports on new jobless claims and consumer sentiment. New and Existing Home Sales Lower in December According to the U.S. Commerce Department, sales...
