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What’s Ahead For Mortgage Rates This Week – January 14th, 2019

January 14, 2019 by Robby Oakes

Last week’s economic reports included remarks by Federal Reserve Chair Jerome Powell, readings on inflation and core inflation. Weekly readings on mortgage rates and first-tome jobless claims were also released. If the government shutdown continues, it is expected to impact release dates for readings from federal government agencies.

Filed Under: Financial Reports Tagged With: Financial Reports, Interest Rates, Mortgage Rates

What’s Ahead For Mortgage Rates This Week – January 7th, 2019

January 7, 2019 by Robby Oakes

Last week’s economic reports included Labor Department readings on private and public sector jobs, the national unemployment rate. Weekly readings on mortgage rates and first-time jobless claims were also released. Monthly reporting on construction spending was delayed due to the government shutdown.

Filed Under: Financial Reports Tagged With: Financial Reports, Interest Rates, Mortgage Interest

Case-Shiller: Home Price Growth Grinds to Lowest Rate in 2 Years

January 2, 2019 by Robby Oakes

Home prices rose by 0.40 percent in October according to Case-Shiller’s 20-City Home Price Index and were unchanged from September’s year-over-year reading of 5.50 percent growth.

Filed Under: Financial Reports Tagged With: Case Shiller, Home Prices, Interest Rates

What’s Ahead For Mortgage Rates This Week – December 31st, 2018

December 31, 2018 by Robby Oakes

Last week’s economic reports included readings from Case-Shiller Housing Market Indices, National Association of Realtors(R) on pending home sales and weekly readings on mortgage rates and new jobless claims.

The Commerce Department’s reading on sales of new homes was delayed due to the federal government’s shutdown.

Filed Under: Financial Reports Tagged With: Financial Reports, Interest Rates, Mortgage Rates

FOMC Raises Key Rate, Forecasts 2 Rate Hikes in 2019

December 26, 2018 by Robby Oakes

During its post-meeting statement, the Federal Open Market Committee of the Federal Reserve announced that its target range for the Fed’s key interest rate would increase one quarter percent to 2.25 to 2.50 percent. While this rate hike was not expected by the Executive branch, it met analyst expectations.

Filed Under: Real Estate Tagged With: FOMC, Interest Rates, Market Conditions

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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