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
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.
Three Reasons Why Setting Your Listing Price is the Most Important Aspect of the Home Sales Process
Let’s take a look at three reasons why setting your listing price is the most important factor in your home sale.
Refinance Now or Wait? How to Determine the Best Time to Refinance Your Mortgage
Let’s take a quick look at a few questions that you can ask yourself in order to determine whether you should refinance now or wait until sometime in the future.
What’s Ahead For Mortgage Rates This Week – October 14, 2014
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.
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