What’s Ahead For Mortgage Rates This Week – March 12th, 2018

What’s Ahead For Mortgage Rates This Week – March 12th, 2018Last week’s economic releases included reports on Non-Farm Payrolls, ADP payrolls, and the national unemployment rate. Weekly readings on mortgage rates and new jobless claims were also released. Continue reading

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

Whats Ahead For Mortgage Rates This Week – February 26th 2018Last 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. Continue reading

What’s Ahead For Mortgage Rates This Week – February 12th, 2018

Whats Ahead For Mortgage Rates This Week – February 12th 2018Jerome “Jay” Powell was sworn in as Chair of the Federal Reserve amidst wild fluctuations in U.S. stock markets. Analysts attributed sliding stock prices to fears over inflation. Continue reading

What’s Ahead For Mortgage Rates This Week – April 11, 2016

What’s Ahead For Mortgage Rates This Week – April 11, 2016Last week’s economic news included minutes of the most recent Federal Open Market Committee (FOMC) meeting. Weekly reports on mortgage rates and new jobless claims were also released. Continue reading

What’s Ahead For Mortgage Rates This Week – February 29, 2016

 Whats Ahead For Mortgage Rates This Week February 29, 2016Last week’s economic reports included Existing and New Home Sales and Consumer Confidence along with regularly scheduled weekly reports on mortgage rates and new jobless claims. Continue reading

What’s Ahead For Mortgage Rates This Week – June 23, 2014

What’s Ahead For Mortgage Rates This Week June 23 2014 Last week’s scheduled economic news included the National Association of Home Builders/Wells Fargo Housing Market Index, Housing Starts and Building Permits. The Fed’s Federal Open Market Committee (FOMC) issued its usual statement at the conclusion of its meeting, and Fed Chair Janet Yellen also gave a press conference. Continue reading

What’s Ahead For Mortgage Rates This Week – February 10, 2014

What's Ahead For Mortgage Rates This Week - February 10, 2014Residential Construction Spending Up

Last week’s mortgage and housing-related reports began with Construction Spending for December, with a reading of 0.10 percent or a seasonally adjusted $930.5 billion. December’s reading fell short of an expected increase of 0.40 percent.

Spending for private sector projects rose by 1.00 percent; of this amount, residential construction spending increased by 2.60 percent and private sector spending for non-residential construction fell by -0.70 percent. Continue reading