Last week's economic readings included reports on inflation, mortgage rates, and first-time jobless claims. Monthly reporting on consumer sentiment was delayed. Consumer Price Index: Inflation Rises in March The Consumer Price Index rose 0.40 percent in March, which matched expectations and surpassed February's month-to -month reading of 0.20 percent growth. The March reading showed the highest consumer price growth in 14 months; higher rents, fuel and food prices contributed to month-to-month … [Read more...]
What’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. Case-Shiller Home Price Indices: Price Growth Slows in January S&P Case-Shiller Indices reported the slowest rate of home price growth in six years. … [Read more...]
How Can I Help? Contact Me With the Form Below
What Causes Mortgage Interest Rates To Fluctuate?
The mortgage interest rate represents the cost of borrowing money to purchase a property. Mortgage interest rates are not fixed; that is, they fluctuate from one period of time to the next. Many different factors play into what your mortgage interest rate will finally turn out to be. Some of these factors have to deal with the economy and government decisions. Other factors have to do with your personal financial situation. Finally, mortgage interest rates can differ between lending … [Read more...]
How Can I Help? Contact Me With the Form Below
What’s Ahead For Mortgage Rates This Week – March 25th, 2019
Last week's economic news included readings from the National Association of Home Builders, Federal Reserve Federal Open Market Committee and a press conference by Fed Chair Jerome Powell. Sales of pre-owned homes in February were reported along with weekly readings on mortgage rates and new jobless claims. NAHB: Builder Confidence Unchanged Despite Headwinds Home builders remained confident about housing market conditions in March. The NAHB Housing Market Index posted a reading of 62, which … [Read more...]
How Can I Help? Contact Me With the Form Below
- 1
- 2
- 3
- …
- 20
- Next Page »
