Interest Rates Archives – Page 37 of 38

05 Mar 2018

What’s Ahead For Mortgage Rates This Week – March 5th, 2018

Financial ReportsFinancial Reports, Home Prices, Interest Rates

Last week's economic releases included readings on new home sales, pending home sales and Case-Shiller Home Price Indices. Construction spending and consumer sentiment reports were also released, along with weekly readings on average mortgage rates and new jobless claims. New Home Sales Drop in January New home sales were reported at a seasonally-adjusted annual rate of 593,000 sales in January according to the Commerce Department. Analysts expected a rate of 693,000 sales based on December's upwardly revised rate of 643,000 sales of new homes. January's reading was 7.80 percent lower than for December; January's reading was one percent lower than…

What’s Ahead For Mortgage Rates This Week – February 26th, 2018

Market OutlookInterest Rates, Market Update, Unemployment

Last week's economic releases included minutes from the most recent FOMC meeting, a report on January sales of pre-owned homes and weekly readings on mortgage rates and new jobless claims. FOMC Minutes: Economic Strength Hints at More Rate Hikes Minutes of the January 30-31 meeting of the Fed's Federal Open Market Committee indicated that most Committee members believe that inflation will reach the Fed's goal of 2.00 percent. Members found that the economy was stronger since 2017 and expected "a gradual upward trajectory of the federal funds rate would be appropriate." While analysts expect three rate hikes in 2018, the…

What’s Ahead For Mortgage Rates This Week – February 20th, 2018

Financial ReportsHomebuilder Confidence, Housing Starts, Interest Rates

Last week's weeks economic releases included readings on the NAHB Housing Market Index, housing starts and building permits issued and consumer sentiment. Weekly readings on mortgage rates and new jobless claims were also released. NAHB: Builder Confidence in Housing Market Holds Steady in February The National Association of Home builders reported an index reading of 72 for its Housing Market Index in February. January's reading was also 72; readings over 50 indicates that more builders than fewer are confident about housing market conditions. Three readings comprising the overall NAHB HMI reading include builder confidence in current market conditions, which was…