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Existing Home Sales Jump, Builder Confidence Holds Steady

by guestadmin | Apr 22, 2016 | Financial Reports

Home buyers kicked the spring home shopping season into gear and boosted sales of pre-owned homes in March. Existing home sales rose 5.10 percent in March according to the National Association of Realtors®. 5.33 million pre-owned homes were sold in March against...

What’s Ahead For Mortgage Rates This Week – April 18, 2016

by guestadmin | Apr 18, 2016 | Financial Reports

Last week’s scheduled economic releases included reports on retail sales, inflation and the Federal Reserve’s Beige Book report. Weekly reports on mortgage rates and new jobless claims were also released. The Consumer Financial Protection Bureau announced...

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

by guestadmin | Apr 11, 2016 | Financial Reports

Last 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. FOMC Minutes Indicate Fed Not Pressing Rate Increases Minutes of the FOMC...

What’s Ahead For Mortgage Rates This Week – April 4, 2016

by guestadmin | Apr 4, 2016 | Financial Reports

Last week’s economic calendar was full of new releases including pending home sales, Case-Shiller Home Price Indices and construction spending. Labor related reports including ADP payrolls, federal Non-farm payrolls, and the national unemployment rate were also...

Case-Shiller Report Shows Home Prices Rose in January

by guestadmin | Mar 30, 2016 | Financial Reports

Home prices were 5.70 percent higher year-over-year in January according to S&P Case-Shiller’s 20-City Home Price Index. Top year-over-year gains were posted by Portland, Oregon at 11.80 percent, San Francisco, California at 10.80 percent and Seattle...

What’s Ahead For Mortgage Rates This Week – March 28, 2016

by guestadmin | Mar 28, 2016 | Financial Reports

Increasing Home Prices Good For Sellers The National Association of Realtors (NAR) reported lower sales of pre-owned homes in February. Would-be buyers were discouraged by rapidly rising home prices. Short supplies of available homes sidelined potential buyers as...
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