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NAHB Reports: Home Builder Confidence Drops in October

October 17, 2014 by Robby Oakes

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.

Filed Under: Market Outlook Tagged With: Home Builders, NAHB, New Homes

What’s Ahead For Mortgage Rates This Week – October 14, 2014

October 14, 2014 by Robby Oakes

Economic news was lean last week as the first week of the month tends to be calm in the aftermath of the rush of end-of-month reporting. Of note was CoreLogic’s report on housing markets, the release of the minutes from the most recent FOMC meeting and lower mortgage rates reported by Freddie Mac.

Filed Under: Market Outlook Tagged With: CoreLogic Housing Markets, FOMC, Freddie Mac

What’s Ahead For Mortgage Rates This Week – October 6, 2014

October 6, 2014 by Robby Oakes

Last week’s economic news included multiple reports on housing and the labor sector. The good news is that job markets appear to be stronger, with new jobless claims and the national unemployment rate lower.

Filed Under: Market Outlook Tagged With: Freddie Mac, Market Outlook, National Assoication of Realtors

Case-Shiller: July Home Prices Cool Across U.S.

October 1, 2014 by Robby Oakes

The stifling heat of July did not penetrate U.S. housing markets according to the S&P Case-Shiller 10-and 20 City Home Price Index reports.

Filed Under: Market Outlook Tagged With: Case Shiller, Economic News, Market Outlook

What’s Ahead For Mortgage Rates This Week – Sept 29, 2014

September 29, 2014 by Robby Oakes

Last week’s economic news included several housing-related reports that provided mixed results with lower than expected sales of previously owned homes and higher than expected sales of new homes.

Filed Under: Market Outlook Tagged With: FHFA, Freddie Mac, Market Outlook

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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