Last week’s economic news brought several reports related to housing. The National Association of Home Builders (NAHB) Wells Fargo Housing Market Index for August rose by two points to 55, which was its highest reading in seven months.
What’s Ahead For Mortgage Rates This Week – Aug 18, 2014
Last week’s economic news brought little housing-related content, but several economic reports in other sectors contributed to overall perceptions of the economy.
What’s Ahead For Mortgage Rates This Week – Aug 4, 2014
Last weekâs economic news included a number of housing related reports. According to the National Association of REALTORS, pending home sales dropped by 1.10 percent in June. The S P Case-Shiller Home Price Index reports for May noted that home prices are growing at a slower rate of 9.30 percent year-over-year than April’s year-over-year growth rate of 10.80 percent.
FOMC Statement: Asset Purchases to end in October, Labor Market Stronger
In recent months, investors and economists have speculated on whether or not the Fed would continue tapering its asset purchases under its latest quantitative easing (QE) program, and whether the Fed would raise its target federal funds rate of 0.00 to 0.250 percent.
What’s Ahead For Mortgage Rates This Week – July 28, 2014
Last week’s economic news brought several housing-related reports, which indicated varying results in terms of gauging the economic recovery.
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