Category Archives for "Mortgage Interest Rates"
What’s Ahead For Mortgage Rates This Week – May 20th, 2019
Last week’s economic reports included readings from the National Association of Home Builders on housing market conditions, housing starts and building permits issued. Consumer sentiment was reported along with weekly readings on mortgage rates and new jobless claims.
Continue readingWhat’s Ahead For Mortgage Rates This Week – May 13th, 2019
Last week’s economic news included readings on job openings and inflation. Weekly reports on mortgage rates and first-time jobless claims were also released.
Continue readingWhat’s Ahead For Mortgage Rates This Week – May 6th, 2019
Last week’s economic news brought good news to U.S. consumers on several fronts. Mortgage rates fell and national unemployment fell to its lowest rate in 50 years. Inflation slowed and the Federal Reserve held its target federal funds rate steady.
Continue readingFOMC Statement: No Changes to Key Fed Rate
The meeting of the Federal Reserve’s Federal Open Market Committee ended Wednesday with the Committee’s customary post-meeting statement recapping monetary policy matters considered by the Committee. Members voted not to change the current target rate range of the federal funds rate. The current rate range of 2.25 percent to 2.50 percent.
Continue readingWhat’s Ahead For Mortgage Rates This Week – April 29th, 2019
Last week’s economic reporting included readings on sales of new and pre-owned homes; weekly reports on mortgage rates and new jobless claims were also released along with a report on consumer sentiment.
Continue readingWhat’s Ahead For Mortgage Rates This Week – April 22nd, 2019
Last week’s economic news included readings on home builder confidence in housing market conditions and Commerce Department reports on housing starts and building permits issued. Weekly readings on mortgage ratees and first-time jobless claims were also released.
Continue readingWhat’s Ahead For Mortgage Rates This Week – April 14th, 2019
Last week’s economic readings included reports on inflation, mortgage rates, and first-time jobless claims. Monthly reporting on consumer sentiment was delayed.
Continue readingFOMC Minutes Reveal Fed Policymakers U-Turn
Members of the Federal Reserve’s Federal Open Market Committee voted to hold the target range of the federal funds rate to its current range of 2.25 to 2.50 percent. The minutes of the most recent Committee meeting cited softening domestic and global economic conditions as reason for not raising the target federal funds range.
Continue readingWhat’s Ahead For Mortgage Rates This Week – April 8th, 2019
Last week’s economic news included readings on construction spending and inflation; labor sector reports on the national unemployment rate, public and private sector employment were also released. Weekly readings on mortgage rates and new jobless claims were also released.
Continue readingWhat’s Ahead For Mortgage Rates This Week – April 1st, 2019
Last week’s economic reports included readings from Case-Shiller on home price growth, Commerce Department readings on housing starts and building permits issued. The Conference Board issued its monthly reading on consumer confidence. Pending home sales and weekly reports on mortgage rates and first-time jobless claims were also released.
Continue reading