One of the more common methods that home loan applicants use to find the best loan program available is to ...Continue Reading →
Last week’s economic news included releases on new and existing home sales along with weekly readings on mortgage rates and first-time jobless claims.
Home Sales Fall Due to Slim Supply of Homes
December sales of previously-owned homes dipped to an 18-year low with a reading of 5.57 million sales on a ...Continue Reading →
Last week’s economic news included readings on home builder confidence, housing starts and building permits issued. Weekly readings on mortgage rates and new jobless claims were also released; the week wrapped with the University of Michigan’s report on consumer sentiment.
Home Builder Confidence Dips, Remains in Positive Territory
According to the ...Continue Reading →
Last week’s economic releases on inflation, core inflation, and retail sales. Weekly readings on mortgage rates and new jobless claims were also released.
Inflation and Retail Sales Ease in December
Consumer prices fell from November’s reading of 0.40 percent growth to o.10 percent growth in December, which matched expectations. The Core ...Continue Reading →
Last week’s economic reports included readings on construction spending, minutes of the most recent meeting of the Fed’s Federal Open Market Committee. Labor reports including ADP, Non-Farm Payrolls, and national unemployment were released along with weekly readings on mortgage rates and new jobless claims.
Construction Spending Rises; Driven by Residential ...Continue Reading →
Last week’s economic readings included Case-Shiller Home Price Indices, pending home sales and consumer confidence. Weekly readings on mortgage rates and new jobless claims were also released.
Case–Shiller: Home Prices Continue Growth
Case-Shiller Home Price Index reports indicated incremental growth in October with home prices growing month-to-month 0.70 percent for the ...Continue Reading →