Rilian Ball

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

June 20, 2016 by Rilian Ball

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. Last week's … [Read more...]

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

What’s Ahead For Mortgage Rates This Week – December 07, 2015

December 7, 2015 by Rilian Ball

Multiple economic reports released last week indicate further improvement in economic conditions. Pending home sales, construction spending and ADP payrolls increased while Non-farm Payrolls fell and the national unemployment rate held steady. The details: Pending Home Sales, Construction Spending Increase According to the Commerce Department, pending home sales increased by 0.20 percent in October as compared to September's reading of -2.30 percent. Construction spending of 1.00 percent for … [Read more...]

Filed Under: Market Outlook Tagged With: Construction Spending, Freddie Mac, Jobless Claims, Market Outlook

What’s Ahead For Mortgage Rates This Week – November 30, 2015

November 30, 2015 by Rilian Ball

Although last week's economic calendar was cut short by the Thanksgiving holiday, several housing-related reports were released. The FHFA reported on third quarter results for its Housing Market Index and the Commerce Department reported on new home sales for October. Freddie Mac released its weekly report on mortgage rates and data on new weekly jobless claims was also released. FHFA, Commerce Department report Gains for Home Prices, New Home Sales Home prices for mortgages associated with … [Read more...]

Filed Under: Market Outlook Tagged With: Fannie Mae, Freddie Mac, Jobless Claims, Market Outlook

What’s Ahead For Mortgage Rates This Week – September 28, 2015

September 28, 2015 by Rilian Ball

Last week's scheduled economic news included reports on new and existing home sales, the FHFA House Price Index, weekly reports on mortgage rates, and new jobless claims. The week finished with a report on consumer sentiment.Existing Home Sales Fall as New Homes Sales and Home Prices RiseThe National Association of Realtors reported that home sales for pre-owned homes fell in August. Analysts expected sales of existing homes to reach a reading of 5.52 million sales on an annual basis, but the … [Read more...]

Filed Under: Market Outlook Tagged With: Existing Home Sales, FHFA, Freddie Mac, House Price Index, Jobless Claims, New Home Sales

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Rilian Ball


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NMLS # 202687

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