Emanuel Stewart - Reliant Home Lending

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Emanuel Stewart February 3, 2020

What’s Ahead For Mortgage Rates This Week -February 3rd, 2020

Last week’s economic reports included readings on home prices, new and pending home sales and a statement from the Federal Reserve’s Federal Open Market Committee. The University of Michigan issued its monthly statement on consumer sentiment and weekly reports on mortgage rates and first-time jobless claims were also released.

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

Emanuel Stewart January 31, 2020

FOMC Statement: Key Fed Rate Unchanged; Policymakers Monitor Impact of Asian Flu Outbreak

The Federal Open Market Committee of the Federal Reserve issued its scheduled post-meeting statement Wednesday. Policymakers unanimously decided to leave the target federal funds rate range unchanged at 1.50 to 1.75 percent.

Filed Under: Market Outlook Tagged With: FOMC, Market Conditions, Market Outlook

Emanuel Stewart January 30, 2020

The Average Mortgage Payment Is Declining. Here’s Why.

According to a report that was recently published by the United States Census Bureau, the average mortgage payment has been dropping. According to the bureau, the average payment is just over $1,500 per month. This is shockingly close to the average cost of renting, which is just under $1,500 per month.

Filed Under: Mortgage Tagged With: Market Trends, Mortgage, Mortgage Rates

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