NAHB: Builder Sentiment Dips in April

Posted on Posted in Mortgage Rates

According to the National Association of Home Builders Housing Market Index for April, Builder Confidence dropped three points to an index reading of 68 in April. While any reading over 50 indicates positive builder confidence, home builders said that they continue to face obstacles including higher costs for materials and elevated costs associated with regulatory issues. Builders have repeatedly cited concerns including a lack of buildable lots and labor shortages in past months.

What’s Ahead For Mortgage Rates This Week – April 17, 2017

Posted on Posted in Mortgage Rates

Last week’s economic releases included readings on inflation, core inflation, new jobless claims, and mortgage rates. Consumer sentiment for April was also released.

What’s Ahead For Mortgage Rates This Week – April 3, 2017

Posted on Posted in Mortgage Rates

Last week’s economic news included Case-Shiller Home Price Index reports, pending home sales, and consumer confidence readings. Weekly readings on average mortgage rates and new jobless claims were also released.

What’s Ahead For Mortgage Rates This Week – March 27, 2017

Posted on Posted in Mortgage Rates

Last week’s economic news included releases on new and pre-owned home sales and weekly readings on average mortgage rates and new unemployment claims.

What’s Ahead For Mortgage Rates This Week – March 20, 2017

Posted on Posted in Mortgage Rates

Last week’s economic readings included reports on inflation and core inflation, the National Association of Home Builders Association Housing Market Index and Federal Reserve FOMC statement and press conference by Fed Chair Janet Yellen. The Commerce Department released reports on housing starts and building permits issued.

What’s Ahead For Mortgage Rates This Week – March 13, 2017

Posted on Posted in Mortgage Rates

Last week’s economic readings included reports on construction spending, Case-Shiller Home Price Indices and pending home sales. Fed Chair Janet Yellen said in a speech that federal interest rates would “likely” be raised. Weekly reports on new jobless claims and mortgage rates were also released.

What’s Ahead For Mortgage Rates This Week – March 6, 2017

Posted on Posted in Mortgage Rates

Last week’s economic readings included reports on construction spending, Case-Shiller Home Price Indices and pending home sales. Fed Chair Janet Yellen said in a speech that federal interest rates would “likely” be raised. Weekly reports on new jobless claims and mortgage rates were also released.

What’s Ahead For Mortgage Rates This Week – February 27, 2017

Posted on Posted in Mortgage Rates

Last week’s readings on new and existing home sales provided further evidence of strengthening housing markets. Both categories of home sales exceeded December’s readings. Consumer sentiment was lower in February than for January and average rates were mixed with fixed rates higher and the rate for 5/1 adjustable rate mortgages lower. Consumer sentiment lower in February.

What’s Ahead For Mortgage Rates This Week – February 21, 2017

Posted on Posted in Mortgage Rates

Last week’s economic releases included readings on housing starts, building permits issued and the National Association of Home Builders/ Wells Fargo Housing Market Index. Fed Chair Janet Yellen testified before the House Finance Committee and consumer spending and core consumer spending reports were also released. Mortgage rates and new jobless claims were little changed week-to-week.

What’s Ahead For Mortgage Rates This Week – February 13, 2017

Posted on Posted in Mortgage Rates

Last week’s scheduled economic readings were limited and included new jobless claims and Freddie Mac’s mortgage rates survey. In other news, all types of mortgage applications rose by 2.30 percent this week as compared to the prior week.