Financial Reports Archives – Page 66 of 110

17 Aug 2020

What’s Ahead For Mortgage Rates This Week – August 17, 2020

Financial ReportsFinancial Report, Inflation, Mortgage Rates

Last week’s scheduled economic news included readings on inflation and retail sales. Weekly reports on mortgage rates and new and continuing jobless claims were also released. In other news, the FHFA announced an increase in fees charged by Fannie Mae and Freddie Mac for home loan refinance transactions. Inflation Readings Mixed as Retail Sales Fall Consumer prices rose by 0.60 percent in July and matched June’s reading. Analysts expected a July reading of 0.40 percent growth. The Core Consumer Price Index, which excludes volatile food and energy sectors, rose by 0.60 percent in July and exceeded June’s reading of…

What’s Ahead For Mortgage Rates This Week – August 10, 2020

Financial ReportsCOVID19, Financial Report, Residential Construction

Economic readings released last week included construction spending, public and private-sector job growth, and government reports on initial and continuing jobless claims. Freddie Mac also released its weekly report on average mortgage rates. Construction Spending Falls in June Commerce Department reporting for June showed lower construction spending for the fourth consecutive month, but spending fell by -0.70 percent as compared to May’s negative reading of -1.70 percent. June’s construction spending was $1.36 million at a seasonally adjusted annual rate. Residential construction spending fell by 1.50 percent in June as public construction spending fell by -0.70 percent. Analysts said that construction…

What’s Ahead For Mortgage Rates This Week – August 3, 2020

Financial ReportsFinancial Report, Interest Rates, Unemployment

Last week’s economic reports included readings from Case-Shiller Home Price Indices, data on pending home sales, and the consumer sentiment index released by the University of Michigan. The Federal Reserve released a statement from its Federal Open Market Committee and Fed Chair Jerome Powell gave a press conference. Weekly readings on mortgage rates and expanded reports on jobless claims were also released. Case-Shiller Home Price Readings Showed Slowing Home Price Gains in May May readings from Case-Shiller Home Price Indices showed no decline in home prices, but the national pace of home price growth slowed to 4.50 percent from April’s…