Mortgage Rates
What’s Ahead For Mortgage Rates This Week – October 16, 2017
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.
Read MoreWhat’s Ahead For Mortgage Rates This Week – October 9, 2017
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 unemployment was lower.
Read MoreWhat’s Ahead For Mortgage Rates This Week – September 25th, 2017
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. Weekly readings on mortgage rates and new jobless claims were also released.
Read MoreWhat’s Ahead For Mortgage Rates This Week – September 18, 2017
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.
Read MoreWhat’s Ahead For Mortgage Rates This Week – September 11, 2017
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.
Read MoreWhat’s Ahead For Mortgage Rates This Week – September 5, 2017
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 Unemployment.
Read MoreWhat’s Ahead For Mortgage Rates This Week – August 28, 2017
Last week’s economic news included readings on sales of new and previously-owned homes, Weekly readings on mortgage rates and new jobless claims were also released, along with coverage of Fed Chair Janet Yellen’s remarks at a conference in Jackson Hole, Wyoming.
Read MoreWhat’s Ahead For Mortgage Rates This Week – August 21, 2017
Last week’s economic readings included the National Association of Home Builders Housing Market Index and readings on housing starts and building permits issued. Consumer sentiment for August was reported by the University of Michigan. Weekly reports on mortgage rates and new jobless claims were also released.
Read MoreWhat’s Ahead For Mortgage Rates This Week – August 14, 2017
Job openings rose in June to 6.20 million as compared to May’s reading of 5.70 million job openings. Analysts said that increasing job vacancies show that employers are unable to find qualified workers. Business services, construction, health care and professional job sectors had the most job openings. Slow wage growth could be contributing to widespread job openings. Average wage growth has been running at approximately 2.50 percent, which is lower than the average of 3.50 to 4.00 percent typically seen during economic expansion.
Read MoreWhat’s Ahead For Mortgage Rates This Week – August 7, 2017
Last week’s economic news included readings on pending home sales, construction spending. Several reports related to employment were also posted along with weekly readings on mortgage rates and new jobless claims.
Read More