Last week’s economic news was relatively flat, but highlights include the NAHB Housing Market Index for May, which posted its lowest reading since May 2013. Although analysts expected a May reading of 48, the May 2014 index reading was 45 as compared to April’s reading of 46.
What’s Ahead For Mortgage Rates This Week – May 12, 2014
Results from a Federal Reserve survey of senior bank loan officers indicated that lenders have held the line on prime lending standards and have raised standards for sub-prime and non-traditional home loans.
What’s Ahead For Mortgage Rates This Week – May 5, 2014
Last week’s economic news included several reports related to housing and mortgages. The NAR started the week on a positive note with its Pending Home Sales Index released Monday. Pending home sales in March were higher with an unexpected increase of 3.40 percent over February for an index reading of 97.40.
What’s Ahead For Mortgage Rates This Week – April 28, 2014
Last weekâs economic news supported recent reports that home sales were fewer and home prices increased, but did so at a slower pace.
What’s Ahead For Mortgage Rates This Week – April 14, 2014
While little housing-related news was released, last week’s economic news showed signs of a brighter economic picture.
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