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What’s Ahead For Mortgage Rates This Week – March 23, 2015

Last week’s events included the National Association of Home Builder’s Housing Market Index, which fell to its lowest reading since last summer. Other news included reports on housing starts and building permits, the FOMC meeting statement and Fed Chair Janet Yellen’s press conference.

Posted in: Blog Tagged: FOMC, Market Outlook, NAHB

What’s Ahead For Mortgage Rates This Week – March 16, 2015

Last week’s economic reports included job openings, retail sales, retail sales except automotive, consumer sentiment for March and the usual reports on weekly jobless claims and mortgage rates.

Posted in: Blog Tagged: Freddie Mac, Market Outlook, Mortgage Rates

What’s Ahead For Mortgage Rates This Week – March 9, 2015

Last week’s economic news was scant on housing related reports, but several employment reports were released along with the national unemployment rate, which dipped to 5.50 percent. This was a full point below the Federal Reserve’s original target rate of 6.50 percent. Construction spending was incrementally lower than expected and mortgage rates also fell.

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

What’s Ahead For Mortgage Rates This Week – March 2, 2015

Last week provided several housing-related reports including New Home Sales, Pending Home Sales and Existing Home Sales reports. Case-Shiller and FHFA also released data on home prices.

Posted in: Blog Tagged: Case Shiller, FHFA, Market Outlook

Case-Shiller: Rising Home Prices Boost Inflation

December home prices rose by 0.10 percent according to the Case-Shiller 20-City Home Price Index. The composite report tracks home prices in 20 U.S. cities. December’s results boosted home prices by 4.50 percent year-over-year, which is approximately double the inflation rate for 2014.

Posted in: Blog Tagged: Case Shiller, Home Tips, Market Outlook

What’s Ahead For Mortgage Rates This Week – February 23, 2015

Last week’s housing related reports included the National Association of Home Builders (NAHB) Housing Market Index for February, The Commerce Department’s report on Housing Starts for January and Freddie Mac’s weekly report on average mortgage rates. The Federal Reserve released the minutes of January’s FOMC meeting, which indicated that FOMC members are in no hurry to raise the target federal funds rate.

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

What’s Ahead For Mortgage Rates This Week – February 16, 2015

Last week’s economic news included an index of labor market conditions provided by the Federal Reserve, a report on small business sentiment, and a report from the Labor Department on job openings. Weekly jobless claims, Freddie Mac’s mortgage rates report and a report on Consumer Sentiment rounded out the week.

Posted in: Blog Tagged: Federal Reserve, Market Outlook, NFIB

What’s Ahead For Mortgage Rates This Week – Feburary 9, 2015

Last week’s economic news included construction spending, which fell shy of expectations but exceeded the prior month’s spending, and several consumer and labor-related reports.

Posted in: Blog Tagged: Federal Reserve, Freddie Mac, Market Outlook

What’s Ahead For Mortgage Rates This Week – Feburary 2, 2015

Last week’s economic reports included Case-Shiller 10 and 20-City Home Price Index reports for November along with new and pending home sales for December. Freddie Mac reported on average mortgage rates and new jobless claims dipped unexpectedly.

Posted in: Blog Tagged: Case Shiller, Freddie Mac, Market Outlook

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

Last week’s economic reports included the National Association of Home Builders Wells Fargo Housing Market Index, Housing Starts for December and the FHFA Home Price Index report for November. Freddie Mac and the Department of Commerce released their weekly reports on mortgage rates and new jobless claims.

Posted in: Blog Tagged: FHFA, Market Outlook, NAHB

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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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