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What’s Ahead For Mortgage Rates This Week – April 26, 2021

April 26, 2021 by Rilian Ball

Last week’s scheduled economic news included readings on sales of new and previously-owned homes and weekly reports on jobless claims and mortgage rates. March Sales of  Previously-owned Homes Dip; New Home Sales Rise Sales of single-family homes fell in March as demand for homes exceeded availability. 6.01 million previously-owned homes were sold in March on a seasonally-adjusted annual basis; analysts expected a pace of 6.11 million sales based on February’s reading of 6.24 … [Read more...]

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

What’s Ahead For Mortgage Rates This Week – April 19, 2021

April 19, 2021 by Rilian Ball

Last week’s economic news included readings from the National Association of Home Builders on housing markets along with Commerce Department readings on housing starts and building permits issued.  Fed Chair Jerome Powell appeared on 60 Minutes. Weekly readings on mortgage rates and jobless claims were also released. NAHB: Homebuilder Confidence Ticks Up The National Association of Home Builders reported that home builders’ confidence in housing market conditions rose one point … [Read more...]

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

Case-Shiller: Phoenix Home Prices Hot, Hotter, and Hottest

April 1, 2021 by Rilian Ball

The S&P Case-Shiller National Home Price Index posted its highest gain in nearly 15 years with a year-over-year home price growth rate of 11.20 percent in January. The December 2020  National Home Price Index reported 10.40 percent home price growth. The S&P Case-Shiller 20-City Home Price Index reported 11.10 percent year-over-year growth with 19 of 20 cities reporting higher home prices. Cleveland, Ohio was the only city reporting no home price growth in January. Detroit, Michigan … [Read more...]

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

What’s Ahead For Mortgage Rates This Week – March 15, 2021

March 15, 2021 by Rilian Ball

Last week’s economic reporting included data on inflation and job openings, and weekly readings n mortgage rates, and jobless claims. Inflation Rate Rises in February Consumer prices grew by 0.40 percent in February according to the federal government’s Consumer Price Index; the year-over-year inflation rate rose from January’s reading of 1.40 percent to 1.70 percent. Consumer prices rose at their fastest pace in six months as rising fuel prices caused the jump in consumer … [Read more...]

Filed Under: Financial Reports Tagged With: Financial Report, Inflation, Jobless Claims

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Rilian Ball


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NMLS # 202687

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Rilian Ball
NMLS # 202687

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