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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 – Sept 22, 2014

Last week’s economic news largely concerned the Federal Reserve’s FOMC meeting statement and a post-meeting conference given by Fed Chair Janet Yellen. The FOMC statement indicated that the Fed continued its wind-down of Treasury and mortgage-backed securities and that its purchases are expected to cease after the next FOMC meeting.

Posted in: Blog Tagged: FOMC, Housing Starts, Jobless Claims

What’s Ahead For Mortgage Rates This Week – March 24, 2014

Last week’s economic news included several housing-related reports including the Housing Market Index (HMI) for March, a report on housing starts, and building permits for February.

Posted in: Uncategorized Tagged: Building Permits, FOMC, Housing Starts

What’s Ahead for Mortgage Rates This Week: December 24, 2012

Freddie Mac reported the average 30-year fixed rate mortgage rate at 3.37 percent — an increase of 0.05 percentage points from the week prior.

Posted in: Blog Tagged: Existing Home Sales, Fiscal Cliff, Housing Starts

Housing Starts, Building Permits Rising Into 2013

Rising permits and housing starts suggests a more healthy U.S. economy.

Posted in: Blog Tagged: Building Permits, Department of Commerce, Housing Starts

More Bullish Data : Housing Starts Climb 3.6%

According to a joint release from the U.S. Census Bureau and the Department of Housing and Urban Development, Housing Starts rose 3.6% in October 2012, climbing to a seasonally-adjusted, annualized rate of 894,000 units.

Posted in: Blog Tagged: Census Bureau, Existing Home Sales, Housing Starts

Single-Family Housing Starts Rise To 4-Year High

According to the U.S. Census Bureau, on a seasonally-adjusted, annualized basis, Single-Family Housing Starts rose to 603,000 last month, an 11 percent increase from the month prior and the highest reading in more than 4 years.

Posted in: Blog Tagged: Census Bureau, Housing Starts, Purchasing Power

What’s Ahead For Mortgage Rates This Week : September 24, 2012

Mortgage markets improved for the second consecutive week last week as demand for U.S. mortgage-backed bonds remained high.

Posted in: Blog Tagged: Housing Starts, PCE, QE3

Housing Starts Move To 2-Year High

Wednesday, the U.S. Census Bureau reported Housing Starts for single-family homes up 5.5 percent in August to a seasonally-adjusted, annualized count of 535,000 units nationwide.

Posted in: Blog Tagged: Building Permits, Housing Market Index, Housing Starts

Single-Family Housing Starts Remain Strong

Single-family housing starts were above 500,000 for the fourth straight month in July, a mark not met since the federal home buyer tax credit of 2010.

Posted in: Blog Tagged: Census Bureau, Homebuilder Confidence, Housing Starts

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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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