12Jan2015 What’s Ahead For Mortgage Rates This Week – January 12, 2015 CBC National Bank Market Outlook 0 Comment Last week’s economic news was dominated by labor reports and FHA’s announcement that it will lower its mortgage insurance premiums in an effort to make homes more affordable for first-time and moderate income home buyers. Mortgage rates fell last week as employment reports showed strengthening job markets.
22Dec2014 What’s Ahead For Mortgage Rates This Week – December 22, 2014 CBC National Bank Market Outlook 0 Comment Last week’s scheduled economic events were few but informative. Housing related reports included the National Association of Home Builders/Wells Fargo Housing Market Index for December, which stayed close to a nine-year high reading of 59 in September. December’s reading was 57 and fell two points shy of the expected reading of 59.
08Dec2014 What’s Ahead For Mortgage Rates This Week – December 8, 2014 CBC National Bank Market Outlook 0 Comment Last week’s economic reports related to housing and mortgages were few, but construction spending, the Fed’s Beige Book report, non-farm payrolls and the national unemployment report indicated trends for the end of the year.
24Nov2014 What’s Ahead For Mortgage Rates This Week – November 24, 2014 CBC National Bank Market Outlook 0 Comment Last week’s scheduled economic news included the NAHB/Wells Fargo Housing Market Index, Housing Starts and Existing Home Sales. FOMC meeting minutes were released along with weekly Freddie Mac mortgage rates and weekly jobless claims.
06Oct2014 What’s Ahead For Mortgage Rates This Week – October 6, 2014 CBC National Bank Market Outlook 0 Comment Last week’s economic news included multiple reports on housing and the labor sector. The good news is that job markets appear to be stronger, with new jobless claims and the national unemployment rate lower.
29Sep2014 What’s Ahead For Mortgage Rates This Week – Sept 29, 2014 CBC National Bank Market Outlook 0 Comment Last week’s economic news included several housing-related reports that provided mixed results with lower than expected sales of previously owned homes and higher than expected sales of new homes.
15Sep2014 What’s Ahead For Mortgage Rates This Week – Sept 15, 2014 CBC National Bank Market Outlook 0 Comment Last week’s housing related economic reports were slim, but an unexpected increase in weekly jobless claims gained attention. Analysts calmed concerns by noting that last week’s reading of 315,000 new jobless claims was not far removed from jobless claim levels before the recession.
08Sep2014 What’s Ahead For Mortgage Rates This Week – Sept 8, 2014 CBC National Bank Market Outlook 0 Comment Last week’s housing-related economic news was slim, likely due to the Labor Day holiday Monday. On Tuesday, the U.S. Commerce Department reported that construction spending for July increased by 1.80 percent as compared to June’s revised reading of 1.0 percent and expectations of a 1.0 percent increase for July.
11Aug2014 What’s Ahead For Mortgage Rates This Week – Aug 11, 2014 CBC National Bank Market Outlook 0 Comment Last week’s housing related news was minimal, but a Federal Reserve survey of senior loan officers revealed that although credit standards for commercial and industrial loans as well as credit cards are easing, current mortgage credit standards are more stringent than in 2005.
16Jun2014 What’s Ahead For Mortgage Rates This Week – June 16, 2014 CBC National Bank Market Outlook 0 Comment Last week’s economic news was quiet in the housing sector, but retail sales and employment-related reports provided indications of less consumer spending and reduced consumer confidence.