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What’s Ahead For Mortgage Rates This Week – June 13, 2016

June 13, 2016 by Robby Oakes

Last week’s economic news was highlighted by Fed Chair Janet Yellen’s speech in Philadelphia. Although Chair Yellen alluded to future Fed rate hikes, she did not specify when Fed policymakers would next raise the target federal funds rate.

Filed Under: Financial Reports Tagged With: Federal Reserve, Financial Reports, Mortgage Rates

What’s Ahead For Mortgage Rates This Week – June 6, 2016

June 6, 2016 by Robby Oakes

Last week’s housing related news was limited to Construction Spending and Freddie Mac’s mortgage rates survey, but labor reports suggested an economic slowdown may be in the works.

Filed Under: Financial Reports Tagged With: Construction, Financial Reports, Labor Reports

Case-Shiller: Home Price Growth Expands to All Metro Areas

June 2, 2016 by Robby Oakes

March home prices were again dominated by the Northwest with Portland, Oregon posting a year-over-year gain of 12.30 percent followed by Seattle, Washington’s year-over-year gain of 10.80 percent.

Filed Under: Financial Reports Tagged With: Case Shiller, Financial News, Pending Home Sales

Fed Holds Steady on Federal Funds Rate

April 29, 2016 by Robby Oakes

In its post-meeting statement, the Federal Open Market Committee (FOMC) of the Federal Reserve announced its decision not to raise the current federal funds rate of 0.25 to 0.50 percent. Although FOMC members acknowledged further improvement in the U.S. economy and jobs markets.

Filed Under: Financial Reports Tagged With: Fed Rate, Financial Reports, Funds Rates

Existing Home Sales Jump, Builder Confidence Holds Steady

April 22, 2016 by Robby Oakes

Home buyers kicked the spring home shopping season into gear and boosted sales of pre-owned homes in March.

Filed Under: Financial Reports Tagged With: Financial Reports, Home Rates, Home Sales

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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