What’s Ahead For Mortgage Rates This Week – September 23rd, 2019
Last week’s economic reports included readings from the National Association of Home Builders on housing market conditions, Commerce Department reports on Housing starts and building permits issued and the National Association of Realtors® report on sales of previously owned homes. The Fed reduced its key interest rate and weekly reports on mortgage rates and first-time jobless claims were also released. Builder Confidence in Housing Market Improves, Sales of Pre-Owned Homes Rise The National Association of Home Builders Housing Market Index rose one point to an index reading of 68 in September. August’s reading was adjusted to 67 from an initial reading of 66. September’s reading matched the highest reading posted year-over-year.…