Unemployment

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

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.

By |2020-08-03T05:45:00-04:00August 3rd, 2020|Financial Reports|Comments Off on What’s Ahead For Mortgage Rates This Week – August 3, 2020

What’s Ahead For Mortgage Rates This Week – July 27, 2020

Last week's economic reporting included readings on sales of new and previously owned homes. State and federal data on new and continuing jobless claims were released along with Freddie Mac's weekly report on mortgage rates. Sales of New and Existing Homes Rise in June Sales of new homes rose at their highest rate in 13 years according to the Commerce Department. New homes sold at a seasonally-adjusted annual pace of 776,000 sales, which exceeded the expected reading of 710.000 new single-family homes sold and May's reading of 682,000 new homes sold. Analysts said that increased interest in relocating to suburban areas and low mortgage rates fueled buyer interest in new homes.

By |2020-07-27T05:45:00-04:00July 27th, 2020|Financial Reports|Comments Off on What’s Ahead For Mortgage Rates This Week – July 27, 2020

What’s Ahead For Mortgage Rates This Week – July 6, 2020

Last week's scheduled economic reports included readings on pending home sales, Case-Shiller Home Price Indices, and labor sector reports on private and public-sector job growth. Data on construction spending was also released. Weekly readings on mortgage rates and jobless claims were also released.

By |2020-07-06T05:45:00-04:00July 6th, 2020|Financial Reports|Comments Off on What’s Ahead For Mortgage Rates This Week – July 6, 2020
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