Mortgage Rates

Last week’s economic news included readings on Case-Shiller home prices, construction spending, and consumer sentiment. Labor sector readings on private and public employment and the national unemployment rate were also released. Weekly readings on mortgage rates and new jobless claims were also released.

Case–Shiller: Home Price Growth Approaches Record

Home ...

Last week’s economic news included readings on new and pending home sales and weekly reports on mortgage rates and new jobless claims.

New Home Sales Exceed Expectations; No Growth for Pending Sales

September sales of new homes reached a 10-year high with a seasonally-adjusted annual rate of 667,000 new ...

Last week’s economic reports included minutes of the Fed’s Federal Open Market Committee meeting held in September along with releases on inflation and weekly reports on mortgage rates and new jobless claims.

FOMC Meeting Minutes Indicate December Rate Hike is No Sure Thing

According to minutes for the September ...

Fixed mortgage rates rose by two basis points last week as the average rate for a 5/1 adjustable rate mortgage dropped by two basis points.  Construction spending returned to positive territory, but job growth dropped in public and private sectors. National unemployment was lower.

Construction Spending Rises in ...

Last week’s economic news included readings on housing starts, building permits issued and sales of pre-owned homes. The Fed’s Federal Open Market Committee issued its customary post-meeting statement and Fed Chair Janet Yellen gave a press conference. Weekly readings on mortgage rates and new jobless claims were also released.

Housing Starts Lower, but Building Permits Increase

August saw fewer housing starts with 1.18 million starts on a seasonally-adjusted annual ...

Last week’s economic readings release included reports on inflation, core inflation retail sales and retail sales excluding autos. Consumer sentiment, along with weekly readings on mortgage rates and new jobless claims were also reported.

Inflation Exceeds Expectations, Retail Sales Lag

Consumer prices rose 0.40 percent in August, which surpassed ...

Last week’s economic news was slim due to the Labor Day Holiday. Scheduled releases included the Fed’s Beige Book Report and weekly readings on mortgage rates and new jobless claims. 

Beige Book Cites Concerns Over U.S. Auto Industry

Federal Reserve Board members shared anecdotes from their respective regions; of ...

Last week’s economic reports included readings on home prices, pending home sales and construction spending. Weekly reports on mortgage rates and new jobless claims were released along with labor-sector readings on Non-Farm Payrolls, ADP employment and National Unemployment.

Case–Shiller: Three Western Cities Hold Top Three Places for Home ...

Last week’s economic news included readings on sales of new and previously-owned homes, Weekly readings on mortgage rates and new jobless claims were also released, along with coverage of Fed Chair Janet Yellen’s remarks at a conference in Jackson Hole, Wyoming.

Home Sales Lower in July

According to the ...

Last week’s economic readings included the National Association of Home Builders Housing Market Index and readings on housing starts and building permits issued. Consumer sentiment for August was reported by the University of Michigan. Weekly reports on mortgage rates and new jobless claims were also released.

NAHB: Builder ...