Federal Reserve

03
May
2021

What’s Ahead For Mortgage Rates This Week – May 3, 2021

CBC National Bank Financial Reports 0 Comment

Last week’s economic reporting included readings from Case-Shiller Home Price Indices, data on pending home sales, and a statement from the Fed’s Federal Open Market Committee. The University of Michigan released its Consumer Sentiment Index and weekly reports on mortgage rates and jobless claims were also published.

23
Mar
2020

What’s Ahead For Mortgage Rates This Week -March 23rd , 2020

CBC National Bank Financial Reports 0 Comment

Last week’s economic reports included readings from the National Association of Home Builders on housing market conditions, Commerce Department readings on housing starts and building permits issued and National Association of Realtors(R) reporting on sales of previously-owned homes.

26
Oct
2018

Could Fed Interest Rate Hike Help Home Buyers?

CBC National Bank Real Estate 0 Comment

News of the Federal Reserve hiking interest rates appears to have caused unnecessary panic among people poised to purchase a first home or a larger one for a growing family.

27
Sep
2018

Fed Raises Key Interest Rate For 3rd Consecutive Time

CBC National Bank Real Estate 0 Comment

The Federal Open Market Committee of the Federal Reserve announced that it raised the target federal funds rate to a range of 2.00 percent to 2.25 percent. This was the third consecutive increase in the Fed’s key interest rate and was the eighth time the Fed raised its key interest rate since 2015.

13
Jun
2016

What’s Ahead For Mortgage Rates This Week – June 13, 2016

CBC National Bank Financial Reports 0 Comment

Last week’s economic news was highlighted by Fed Chair Janet Yellen’s speech in Philadelphia. Although Chair Yellen alluded to future Fed rate hikes, she did not specify when Fed policymakers would next raise the target federal funds rate.

16
Feb
2016

What’s Ahead For Mortgage Rates This Week – February 16, 2016

CBC National Bank Market Outlook 0 Comment

Last week’s economic events included weekly releases on new jobless claims, mortgage rates and testimony by Fed Chair Janet Yellen concerning the Federal Reserve’s monetary policy.

08
Feb
2016

What’s Ahead For Mortgage Rates This Week – Feburary 8, 2016

CBC National Bank Market Outlook 0 Comment

Last week’s scheduled economic news included reports on construction spending and several labor-related reports along with weekly reports on mortgage rates and new jobless claims. The details:

19
Jan
2016

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

CBC National Bank Market Outlook 0 Comment

In addition to weekly reports on mortgage rates and new unemployment claims, last weekâs economic news included the Fedâs Beige Book report, retail sales and consumer sentiment. Januaryâs Empire State Index showed an unexpected dip and Consumer Sentiment increased for January.

17
Dec
2015

Federal Reserve Raises Short-Term Interest Rates

CBC National Bank Market Outlook 0 Comment

After prolonged speculation by economic analysts and news media, the Federal Open Market Committee of the Federal Reserve raised short-term interest rates for the first time in seven years. Committee members voted to raise the target federal funds rate to a range of 0.25 to 0.50 percent from a range of 0.00 to 0.25 percent to be effective December 17.

27
Nov
2015

S&P Case-Shiller: September Home Prices Gain Across U.S.

CBC National Bank Market Outlook 0 Comment

Home prices increased across the S&P Case Shiller 20-City Home Price Index in September. According to the 20-City Home Price Index, Year-over year home price gains increased to 5.50 percent from Augustâs reading of 5.10 percent. 17 cities posted higher year-over0year price gains in September as compared to August.

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