Last week’s scheduled economic reports primarily revolved around the jobs sector. The federal government released reports on Nonfarm Payrolls, the national unemployment rate and weekly report on new jobless claims. ADP issued its monthly report on private sector payrolls. Readings on labor statistics are important to housing markets as stable employment conditions are a significant consideration for prospective home buyers.
What’s Ahead For Mortgage Rates This Week – April 27, 2015
Last week’s housing related reports included the FHFA Home Price Index, the National Association of Realtors Existing Home Sales report and The Commerce Department’s report on new home sales. Results were mixed, but suggest that housing markets are strengthening.
What’s Ahead For Mortgage Rates This Week – April 6, 2015
Mortgage rates ticked upward for fixed rate loans and were unchanged for 5/1 adjustable rate mortgages according to Freddie Mac. Weekly jobless claims were lower in spite of slower job growth reports.
What’s Ahead For Mortgage Rates This Week – November 17, 2014
Last week’s housing related news was lean, with no scheduled reports released other than Freddie Mac’s primary mortgage market survey. We’ll start with some good news…
What’s Ahead For Mortgage Rates This Week – Sept 22, 2014
Last week’s economic news largely concerned the Federal Reserve’s FOMC meeting statement and a post-meeting conference given by Fed Chair Janet Yellen. The FOMC statement indicated that the Fed continued its wind-down of Treasury and mortgage-backed securities and that its purchases are expected to cease after the next FOMC meeting.
