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.
What’s Ahead For Mortgage Rates This Week – January 26, 2015
January 26, 2015 by
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.
NAHB: Home Builder Confidence Nears 2005 High
January 21, 2015 by
The National Association of Homebuilders (NAHB) Wells Fargo Housing Market Index reported that homebuilder confidence in sales conditions for single-family homes declined one point to a reading of 57. The NAHB Housing Market Index measures home builder confidence based on builder opinions of current market conditions, future market conditions and buyer foot traffic in new homes.
Home Builder Index Stays Near Nine Year Peak
December 16, 2014 by
Home Builder Sentiment slipped to a reading of 57 in December according to the National Association of Home Builders Housing Market Index. November’s reading of 58 prompted analysts to project a reading of 59 for December. The latest reading marks the sixth consecutive month for readings above 50.
What’s Ahead For Mortgage Rates This Week – November 24, 2014
November 24, 2014 by
Last week’s scheduled economic news included the NAHB/Wells Fargo Housing Market Index, Housing Starts and Existing Home Sales. FOMC meeting minutes were released along with weekly Freddie Mac mortgage rates and weekly jobless claims.
What’s Ahead For Mortgage Rates This Week – October 20, 2014
October 20, 2014 by
Last week’s economic highlights included the National Association of Home Builders (NAHB) Housing Market Index for October. The Commerce Department also released Housing Starts for September. Freddie Mac reported that the average rate for a 30-year fixed rate mortgage dropped below four percent. The Fed released its Beige Book report, and Weekly jobless claims came in lower than expected.
NAHB Reports: Home Builder Confidence Drops in October
October 17, 2014 by
The National Association of Home Builders (NAHB) reported that home builder sentiment lost its momentum in October and posted a seasonally adjusted reading of 54 in its Home Builder Market Index.
What’s Ahead For Mortgage Rates This Week – Sept 15, 2014
September 15, 2014 by
Last week’s housing related economic reports were slim, but an unexpected increase in weekly jobless claims gained attention. Analysts calmed concerns by noting that last week’s reading of 315,000 new jobless claims was not far removed from jobless claim levels before the recession.
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.
