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What’s Ahead For Mortgage Rates This Week – May 16, 2022

May 16, 2022 by Rilian Ball

Last week’s economic reporting included readings and forecasts on inflation and the University of Michigan’s preliminary consumer sentiment survey. Weekly readings on mortgage rates and jobless claims were also released. Inflation Reports: Mixed Results for April Commerce Department readings on consumer inflation showed mixed results in April; the Consumer Price Index dropped to 0.30 percent growth from the March reading of 1.20 percent inflation. Analysts expected 0.30 percent … [Read more...]

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

What’s Ahead For Mortgage Rates This Week – May 16, 2022

May 16, 2022 by Rilian Ball

Last week’s economic reporting included readings and forecasts on inflation and the University of Michigan’s preliminary consumer sentiment survey. Weekly readings on mortgage rates and jobless claims were also released. Inflation Reports: Mixed Results for April Commerce Department readings on consumer inflation showed mixed results in April; the Consumer Price Index dropped to 0.30 percent growth from the March reading of 1.20 percent inflation. Analysts expected 0.30 percent … [Read more...]

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

ARM Loans: What To Know

May 12, 2022 by Rilian Ball

Many people are wondering what type of home loan is right for them, and one of the options is an ARM loan. This is an adjustable-rate mortgage. Typically, the rate is fixed for a certain amount of time, but it can change after that. Adjustable-rate mortgages will vary depending on the market. Is an ARM a smart loan option?  There are some situations where an ARM loan can be helpful, but people need to be careful with them. The Risk Of An ARM Loan First, it is important to understand why ARM … [Read more...]

Filed Under: Mortgage Tagged With: ARM Loans, Mortgage, Mortgage Rates

What’s Ahead For Mortgage Rates This Week – May 9, 2022

May 9, 2022 by Rilian Ball

Last week’s scheduled economic reports included readings on construction spending, the Federal Reserve’s Federal Open Market Committee statement, and the Fed Chair’s press conference. Readings on public and private-sector jobs growth and the national unemployment rate were released along with weekly readings on mortgage rates and jobless claims. Construction Spending Slows in March, Fed Raises Key Rate Construction spending fell in March according to the Commerce Department. … [Read more...]

Filed Under: Financial Reports Tagged With: Financial Report, Home Prices, Mortgage Rates

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Rilian Ball


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