Last week’s economic news included several reports related to housing. The Case-Shiller and FHFA reports for June showed a further slowing in home price growth. New home sales for July fell short of the expected reading, but pending home sales exceeded expectations.
Case-Shiller, FHFA Report Slowing Growth in Home Prices
August 28, 2014 by
The Case-Shiller 10 and 20-City Home Price Indices for June reported year-over-year gains of 8.10 percent while the Case-Shiller National Home Price Index covers all nine census regions and reported a year-over-year gain of 6.20 percent.
What’s Ahead For Mortgage Rates This Week – Aug 25, 2014
August 25, 2014 by
Last week’s economic news brought several reports related to housing. The National Association of Home Builders (NAHB) Wells Fargo Housing Market Index for August rose by two points to 55, which was its highest reading in seven months.
What’s Ahead For Mortgage Rates This Week – Aug 18, 2014
August 18, 2014 by
Last week’s economic news brought little housing-related content, but several economic reports in other sectors contributed to overall perceptions of the economy.
What’s Ahead For Mortgage Rates This Week – Aug 11, 2014
August 11, 2014 by
Last weekâs housing related news was minimal, but a Federal Reserve survey of senior loan officers revealed that although credit standards for commercial and industrial loans as well as credit cards are easing, current mortgage credit standards are more stringent than in 2005.
What’s Ahead For Mortgage Rates This Week – Aug 4, 2014
August 4, 2014 by
Last weekâs economic news included a number of housing related reports. According to the National Association of REALTORS, pending home sales dropped by 1.10 percent in June. The S P Case-Shiller Home Price Index reports for May noted that home prices are growing at a slower rate of 9.30 percent year-over-year than April’s year-over-year growth rate of 10.80 percent.
What’s Ahead For Mortgage Rates This Week – July 28, 2014
July 28, 2014 by
Last week’s economic news brought several housing-related reports, which indicated varying results in terms of gauging the economic recovery.
What’s Ahead For Mortgage Rates This Week – July 14, 2014
July 14, 2014 by
Last week brought news from the Fed as two Federal Reserve Bank Presidents made speeches and the Federal Open Market Committee (FOMC) of the Fed released the minutes of its last meeting. The minutes reveal the Fed’s intention to wrap up its bond-buying program in October with a final purchase of $15 billion in mortgage-backed securities (MBS) and Treasury bonds
What’s Ahead For Mortgage Rates This Week – July 7, 2014
July 7, 2014 by
Last week’s economic news was mixed, but economic reports for Non-Farm Payrolls and the National Unemployment rate suggest a strengthening labor sector. Pending Home Sales surpassed expectations in May and conversely, construction spending was lower than expected.
What’s Ahead For Mortgage Rates This Week – June 30, 2014
June 30, 2014 by
Last week brought several economic and housing sector reports including Existing Home Sales, Case-Shiller and FHFA home prices for April, as well as New Home Sales.
