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Emanuel Stewart July 18, 2016

What’s Ahead For Mortgage Rates This Week – July 18, 2016

Last week’s economic news included reports on inflation, retail sales and weekly readings on mortgage rates and weekly jobless claims.

Filed Under: Mortgage Rates Tagged With: Home and Garden, Jobless Claims, Mortgage Rates

Emanuel Stewart July 11, 2016

What’s Ahead For Mortgage Rates This Week – July 11, 2016

New jobless claims were decreased to a three-month low of 254,000 as compared to expectations of 265,000 new claims and the prior week’s reading of 270,000 new claims. New jobless claims were higher after the end of the school year, when some school workers became eligible for benefits when schools closed for summer break.

Filed Under: Mortgage Rates Tagged With: Job Creation, Jobless Claims, Mortgage Rates

Emanuel Stewart July 5, 2016

What’s Ahead For Mortgage Rates This Week – July 5, 2016

Last week’s economic events included S&P Case-Shiller’s Housing Market Indices for April along with reports on Construction Spending and Pending Home Sales. Consumer Confidence was higher in June in spite of low wage growth and inflation well below the Fed’s goal of 2.00 percent annually.

Filed Under: Mortgage Rates Tagged With: Home Prices, Mortgage Rates

Emanuel Stewart June 27, 2016

What’s Ahead For Mortgage Rates This Week – June 27, 2016

Last week’s economic news was dominated by Great Britain’s vote to withdraw from the European Union. New and Existing Home Sales were released along with weekly reports on mortgage rates and new jobless claims.

Filed Under: Mortgage Rates Tagged With: Brexit, Homes Sales, Mortgage Rates

Emanuel Stewart June 20, 2016

What’s Ahead For Mortgage Rates This Week – June 20, 2016

Mortgage rates fell after Federal Reserve policymakers decided not to raise the Fed’s target federal funds rate. The Federal Open Market Committee cited ongoing concerns over global financial and economic developments and slow jobs growth as factors in its decision not to raise rates. Fed Chair Janet Yellen emphasized the committee’s decision-making process is not predetermined and said that ongoing review of current and developing news is significant to monetary policy decisions.

Filed Under: Mortgage Rates Tagged With: Jobless Claims, Mortgage Rates

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