ARCHIVED BLOG POSTS
2017
Last week's economic news included readings on new and pending home sales and weekly reports on mortgage rates and new jobless claims. New Home Sales Exceed Expectations; No Growth for Pending SalesSeptember sales of new homes reached a 10-year high with a seasonally-adjusted annual rate of 667,0...
10/30/2017
Last week's economic reports included NAHB Housing Market Indexes along with readings on housing starts, building permits and existing home sales. Weekly readings on mortgage rates and new jobless claims were also released. NAHB: Builder Sentiment Jumps in September, Housing Starts and Building P...
10/23/2017
Component readings used for calculating Housing Market Index readings also rose in October. Builder sentiment for current market conditions gained five points for a reading of 75. The index reading for builder perception of market conditions in the next six months also rose five points to an Octo...
10/18/2017
Last week's economic reports included minutes of the Fed's Federal Open Market Committee meeting held in September along with releases on inflation and weekly reports on mortgage rates and new jobless claims. FOMC Meeting Minutes Indicate December Rate Hike is No Sure ThingAccording to minutes fo...
10/16/2017
Fixed mortgage rates rose by two basis points last week as the average rate for a 5/1 adjustable rate mortgage dropped by two basis points. Construction spending returned to positive territory, but job growth dropped in public and private sectors. National unemployment was lower. Construction Sp...
10/09/2017
Last week's economic reports included Case-Shiller's Home Price Indices, readings on new and pending home sales and Freddie Mac 's weekly mortgage rates report. Weekly jobless claims and reports on inflation and core inflation were also released. Case-Shiller Home Prices Rise in July; New and Pen...
10/02/2017
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