Home prices are still rising, but at a slower pace according to the S&P Case-Shiller Home Price Indices for June. Home prices for the cities surveyed in the HPI rose by 12.10 percent on an annual basis as compared to May’s reading of 12.20 percent.
What’s Ahead For Mortgage Rates This Week – August 26, 2013
August 26, 2013 by
Last week brought mixed economic news, but Leading Indicators released Thursday suggest that the U.S. economy is growing at a moderate rate.
Home Builder Confidence Highest Level In Nearly 8 Years
August 20, 2013 by
The National Association of Home Builders (NAHB) reported Thursday that its Housing Market Index rose three points to a reading of 59 for August.
What’s Ahead For Mortgage Rates This Week – August 19, 2013
August 19, 2013 by
Last week wasn’t kind to stock market investors, but weekly jobless claims fell to an unexpected low of 320,000 new jobless claims filed was its lowest level in nearly six years. Average mortgage rates were mixed, but inched upward.
What’s Ahead For Mortgage Rates This Week – August 12, 2013
August 12, 2013 by
Highlights of economic news from last week, include a survey of senior loan officers from U.S. and foreign banks doing business in the U.S. indicated that banks were gradually easing lending standards for business and consumer loans, but viewed lending criteria for home loans as more restrictive than other types of loans.
RealtyTrac Report Shows Home Prices Increasing At Highest Rate Since 1977
August 8, 2013 by
U.S. housing markets continue to drive the economic recovery according to data released by RealtyTrac Inc.
What’s Ahead For Mortgage Rates This Week – August 5, 2013
August 5, 2013 by
The past week brought encouraging economic news from several sources. The FOMC statement indicated that the Federal Reserve has not set a date for rolling back its quantitative easing program and ADP reported more private sector jobs added than expected.
Case Shiller Home Price Index Shows Rising Prices For May 2013
July 31, 2013 by
The S&P/Case-Shiller Home Price Index (HPI) released Tuesday presented solid evidence that the housing recovery continued during May.
What’s Ahead For Mortgage Rates This Week — July 29, 2013
July 29, 2013 by
New home sales surpassed expectations and consumer sentiment rose for July; these readings among others suggest that the economy continued to improve and that consumer confidence in the economy improved as well.
What’s Ahead For Mortgage Rates This Week – July 22, 2013
July 22, 2013 by
Last week’s economic news was a mixed bag with retail sales and housing starts coming in lower than expected, but home builder confidence in housing markets increased.
