Last week’s economic news included reporting on construction spending, the Federal Reserve’s decision to raise its benchmark interest rate, and weekly readings on mortgage rates and jobless claims. Construction Spending Increases in March The Commerce Department reported that month-to-month construction spending rose by 0.30 percent and year-over-year construction spending increased by $1.83 trillion. Residential construction fell by -0.20 percent in March, which was the tenth … [Read more...]
What’s Ahead For Mortgage Rates This Week – May 1, 2023
Last week’s economic reporting included readings on home prices, sales of new homes, and pending home sales. Monthly and year-over-year readings for inflation were published along with weekly reports on mortgage rates and jobless claims. February S&P Case-Shiller Housing Market Indices show slower home price growth National home prices continued to rise in February, but at a slower pace according to S&P Case-Shiller home price indices. Month-to-month home prices rose by 0.40 … [Read more...]
What’s Ahead For Mortgage Rates This Week – April 24, 2023
Last week’s economic reporting included readings on home builder confidence and weekly reports on mortgage rates and jobless claims. NAHB: Home builder confidence increases in April The National Association of Home Builders reported that builder confidence in current housing market conditions rose by one point to an index reading of 45 in April. April’s reading was the fourth consecutive month showing increasing builder confidence. The March and April index readings of 44 and … [Read more...]
What’s Ahead For Mortgage Rates This Week – April 17, 2022
Last week’s economic reporting included readings on inflation, retail sales, and consumer sentiment. Weekly readings on mortgage rates and jobless claims were also released. March Inflation Slows as Retail Sales Fall Inflation slowed to a month-to-month pace of 0.10 percent in March as compared to February’s reading of 0.40 percent growth. Year-over-year inflation rose by 5.00 percent and fell short of analysts’ expected reading of 5.10 percent year-over-year inflation and … [Read more...]
- « Previous Page
- 1
- …
- 23
- 24
- 25
- 26
- 27
- …
- 98
- Next Page »
