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Category Archives: Federal Reserve
What’s Ahead For Mortgage Rates This Week – Feburary 2, 2015
Last week’s economic reports included Case-Shiller 10 and 20-City Home Price Index reports for November along with new and pending home sales for December. Freddie Mac reported on average mortgage rates and new jobless claims dipped unexpectedly. The details: Case-Shiller: … Continue reading
Posted in Consumer Tips, Federal Reserve, FHA
Tagged Case Shiller/ HPI, Financial Reports, Housing Market, Mortgage Rates
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Don’t Wait! Move Up To The House You Always Wanted
Now that the housing market has stabilized, more and more homeowners are considering moving up to the home they have always dreamed of. In most areas, prices are still below those of a few years ago. Also, interest rates are still near … Continue reading
Posted in Consumer Tips, Federal Reserve, Mortgage Rates
Tagged Home Purchase, Interest Rates, mortgages
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What’s Ahead For Mortgage Rates This Week – Sept 22, 2014
Last week’s economic news largely concerned the Federal Reserve’s FOMC meeting statement and a post-meeting conference given by Fed Chair Janet Yellen. The FOMC statement indicated that the Fed CONTINUED its wind-down of Treasury and mortgage-backed securities and that its … Continue reading
What’s Ahead For Mortgage Rates This Week – Sept 15, 2014
Last week’s housing related economic reports were slim, but an unexpected increase in weekly jobless claims gained attention. Analysts calmed concerns by noting that last week’s reading of 315,000 new jobless claims was not far removed from jobless claim levels … Continue reading
What’s Ahead For Mortgage Rates This Week – Sept 8, 2014
Last week’s housing-related economic news was slim, likely due to the Labor Day holiday Monday. On Tuesday, the U.S. Commerce Department reported that construction spending for July increased by 1.80 percent as compared to June’s revised reading of 1.0 percent … Continue reading
What’s Ahead For Mortgage Rates This Week – Sept 2, 2014
Last week’s economic news included several reports related to housing. The Case-Shiller and FHFA reports for June showed a further slowing in home price growth. New home sales for July fell short of the expected reading, but pending home sales … Continue reading
What’s Ahead For Mortgage Rates This Week – Aug 18, 2014
Last week’s economic news brought little housing-related content, but several economic reports in other sectors contributed to overall perceptions of the economy. In a speech given in Sweden, Fed Vice President Stanley Fischer noted that the economy might be in … Continue reading
What’s Ahead For Mortgage Rates This Week – Aug 11, 2014
Last week’s housing related news was minimal, but a Federal Reserve survey of senior loan officers revealed that although credit standards for commercial and industrial loans as well as credit cards are easing, current mortgage credit standards are more stringent … Continue reading
What’s Ahead For Mortgage Rates This Week – Aug 4, 2014
Last week’s economic news included a number of housing related reports. According to the National Association of REALTORS®, pending home sales dropped by 1.10 percent in June. The S&P Case-Shiller Home Price Index reports for May noted that … Continue reading
What’s Ahead For Mortgage Rates This Week – July 28, 2014
Last week’s economic news brought several housing-related reports, which indicated varying results in terms of gauging the economic recovery. FHFA reported slower growth of home prices associated with Fannie Mae and Freddie Mac mortgages, but sales of existing homes as … Continue reading
