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 – June 23, 2014
June 23, 2014 by
Last week’s scheduled economic news included the National Association of Home Builders Wells Fargo Housing Market Index, Housing Starts and Building Permits. The Fed’s Federal Open Market Committee (FOMC) issued its usual statement at the conclusion of its meeting, and Fed Chair Janet Yellen also gave a press conference.
What’s Ahead For Mortgage Rates This Week – June 2, 2014
June 2, 2014 by
Last week’s economic news was fairly quiet due to the Memorial Day holiday on Monday and no scheduled news released on Wednesday.
What’s Ahead For Mortgage Rates This Week – May 27, 2014
May 27, 2014 by
Last week’s economic news was dominated by speeches given by Federal Reserve presidents, the minutes from April’s FOMC meeting and commencement address given by Fed Chair Janet Yellen. The latest readings for new and existing home sales were also released.
What’s Ahead For Mortgage Rates This Week – May 19, 2014
May 19, 2014 by
Last week’s economic news was relatively flat, but highlights include the NAHB Housing Market Index for May, which posted its lowest reading since May 2013. Although analysts expected a May reading of 48, the May 2014 index reading was 45 as compared to April’s reading of 46.
What’s Ahead For Mortgage Rates This Week – May 12, 2014
May 12, 2014 by
Results from a Federal Reserve survey of senior bank loan officers indicated that lenders have held the line on prime lending standards and have raised standards for sub-prime and non-traditional home loans.
What’s Ahead For Mortgage Rates This Week – May 5, 2014
May 5, 2014 by
Last week’s economic news included several reports related to housing and mortgages. The NAR started the week on a positive note with its Pending Home Sales Index released Monday. Pending home sales in March were higher with an unexpected increase of 3.40 percent over February for an index reading of 97.40.
What’s Ahead For Mortgage Rates This Week – April 28, 2014
April 28, 2014 by
Last weekâs economic news supported recent reports that home sales were fewer and home prices increased, but did so at a slower pace.
What’s Ahead For Mortgage Rates This Week – April 14, 2014
April 14, 2014 by
While little housing-related news was released, last week’s economic news showed signs of a brighter economic picture.
What’s Ahead For Mortgage Rates This Week – April 7, 2014
April 7, 2014 by
Last week’s economic news included readings on February construction spending and multiple reports on employment data. Private sector employment was higher in March, but The Bureau of Labor Statistics reported that Non-Farm Payrolls for March fell short of expectations.
