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Emanuel Stewart July 17, 2023

What’s Ahead For Mortgage Rates This Week – July 17, 2023

The Consumer Price Index for June rose 0.20 percent in June as compared to May’s reading of 0.10 percent growth and expectations of 0.30 percent month-to-month growth. The core CPI reading, which excludes volatile food and fuel sectors, fell to 0.20 percent growth in June as compared to May’s month-to-month reading of 0.40 percent growth.

Filed Under: Financial Reports Tagged With: Case Shiller, Financial Report, Mortgage Rates

Emanuel Stewart July 3, 2023

What’s Ahead For Mortgage Rates This Week – Juy 3, 2023

Freddie Mac reported higher average mortgage rates last week. The average rate for 30-year fixed-rate mortgages rose by four basis points to 6.71 percent; the average rate for 15-year fixed-rate mortgages rose by three basis points to 6.06 percent.

Filed Under: Financial Reports Tagged With: Case Shiller, Jobless Claims, Mortgage Rates

Emanuel Stewart June 29, 2023

S&P Case-Shiller Housing Market Indices: Short Supply of Homes for Sale Pushes Prices Up

The top three cities with the highest home price growth rates as reported in April’s S&P Case-Shiller’s 20-City Home Price Index were Chicago, Illinois with a year-over-year home price gain of 4.10 percent; Atlanta, Georgia posted a year-over-year home price growth of 3.50 percent.

Filed Under: Financial Reports Tagged With: Case Shiller, Financial Report, Housing Market

Emanuel Stewart June 19, 2023

What’s Ahead For Mortgage Rates This Week – June 19, 2023

Federal Reserve policymakers left the Fed’s current interest rate range unchanged at 5.00 to 5.25 percent; the Fed decision was announced after a scheduled meeting of the Fed’s Open Market Committee ended on Wednesday.

Filed Under: Financial Reports Tagged With: Case Shiller, Financial Report, Jobless Claims

Emanuel Stewart June 12, 2023

What’s Ahead For Mortgage Rates This Week – June 12, 2023

Last week’s scheduled economic news included results from Fannie Mae’s National Housing Survey and weekly readings on mortgage rates and jobless claims.

Filed Under: Financial Reports Tagged With: Case Shiller, Financial Report, Jobless Claims

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