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What’s Ahead For Mortgage Rates This Week – July 20, 2015

Last week’s economic news included an encouraging report from the National Association of Home Builders, whose housing market index held steady with a reading of 60 in July. This was the 13th consecutive month for readings over 50, which indicate that more builders are confident about housing markets than those who are not. July’s reading was noteworthy as it was the highest since November 2005 prior to the recession.

Posted in: Blog Tagged: Freddie Mac, Housing Starts, NAHB, National Association of Home Builders

What’s Ahead For Mortgage Rates This Week – July 13, 2015

Last week’s scheduled economic events were few due to the Independence Day holiday. Freddie Mac’s weekly survey of mortgage rates brought good news as mortgage rates fell across the board. The Federal Reserve released the minutes of its most recent Federal Open Market Committee (FOMC) meeting and weekly jobless claims rose.

Posted in: Blog Tagged: Federal Reserve, FOMC, Freddie Mac

What’s Ahead For Mortgage Rates This Week – July 6, 2015

Last week’s housing-related economic events included the Case-Shiller Home Price Index reports for April, the Commerce Department’s Pending Home Sales report and a report on Construction Spending. In other economic news, Non-Farm Payrolls, the ADP Employment report and Consumer Confidence reports were released. Freddie Mac’s mortgage rates summary and the weekly unemployment claims report were released as usual.

Posted in: Blog Tagged: Case Shiller, Freddie Mac, Jobless Claims

What’s Ahead For Mortgage Rates This Week – June 29, 2015

Last week’s economic news was largely positive as both new and existing home sales beat expectations. The Federal Housing Finance Agency reported that home price growth held steady in May, while weekly jobless claims edged up, but were lower than expected.

Posted in: Blog Tagged: FHFA, Freddie Mac, Home Sales

What’s Ahead For Mortgage Rates This Week – June 8, 2015

Last week’s economic news included reports on construction spending, Freddie Mac’s mortgage rates survey and several employment related reports.

Posted in: Blog Tagged: Commerce Department, Freddie Mac, Labor Department

What’s Ahead For Mortgage Rates This Week – June 1, 2015

Last week’s economic reports included the Case-Shiller Home Price Indexes, FHFA’s House Price Index and Pending Home Sales from the Commerce Department.

Posted in: Blog Tagged: Case Shiller, FHFA, Freddie Mac

What’s Ahead For Mortgage Rates This Week – May 26, 2015

Last week’s economic reports included several readings related to housing The Wells Fargo/National Association of Home Builders Housing Market Index, the Commerce Department’s releases on Housing Starts and Building Permits and the NAR report on Existing Home Sales supplied mixed news on recent developments in housing. Freddie Mac and the Labor Department released their usual reports on mortgage rates and weekly jobless claims.

Posted in: Blog Tagged: Freddie Mac, National Association of Home Builders, National Assoication of Realtors, Wells Fargo

What’s Ahead For Mortgage Rates This Week – May 18, 2015

Last week’s economic reports included data from the Federal Reserve on student loan debt, job openings and retail sales. Weekly jobless claims and Freddie Mac’s survey of average mortgage rates were released as usual on Thursday. A report on consumer sentiment wrapped up the week’s scheduled economic new.

Posted in: Blog Tagged: Federal Reserve, Freddie Mac, Jobless Claims

What’s Ahead For Mortgage Rates This Week – May 11, 2015

Last week’s scheduled economic reports primarily revolved around the jobs sector. The federal government released reports on Nonfarm Payrolls, the national unemployment rate and weekly report on new jobless claims. ADP issued its monthly report on private sector payrolls. Readings on labor statistics are important to housing markets as stable employment conditions are a significant consideration for prospective home buyers.

Posted in: Blog Tagged: Department of Commerce, Freddie Mac, Jobless Claims

What’s Ahead For Mortgage Rates This Week – May 4, 2015

Last week’s economic news included Case-Shiller Home Price Index reports, the Fed’s FOMC meeting statement and pending home sales. Freddie Mac mortgage rates and weekly jobless claims were also released as usual.

Posted in: Blog Tagged: FOMC, Freddie Mac, Market Outlook

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(217) 532-2525 Hillsboro Office
(217) 324-4663 Litchfield Office

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Hillsboro Office

551 S. Main St.
Hillsboro, IL 62049

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410 N Monroe St.,
Suite 100
Litchfield, IL 62056

Hillsboro Company License #478.025162
Litchfield Company License #477.012410

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