Last week’s scheduled economic news included reports on pending home sales, construction spending and several jobs related readings including ADP Payrolls, the government’s Non-Farm Payrolls and the national unemployment rate.
What’s Ahead For Mortgage Rates This Week – February 29, 2016
Last week’s economic reports included Existing and New Home Sales and Consumer Confidence along with regularly scheduled weekly reports on mortgage rates and new jobless claims.
December Home Prices Rise According To S&P Case-Shiller Home Price Index
Home prices rose slightly in December according to S&P Case-Shiller Home Price Indices released Tuesday. According to the S&P Case-Shiller 20-City Home Price Index, which covers cities representing all nine US Census divisions, home prices rose 5.40 percent year-over-year in December as compared to November’s reading of 5.20 percent.
What’s Ahead For Mortgage Rates This Week – February 22, 2016
Last week’s economic news included the NAHB Housing Market Index, Commerce Department releases on housing starts and building permits and minutes of the most recent meeting of the Fed’s FOMC meeting.
FOMC Statement: Quantitative Easing Tapered by $10 Billion
The Federal Open Market Committee (FOMC) determined that current economic conditions warranted another $10 billion reduction in the Fedâs asset purchases.
