29
May
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Financial Reports, ,

What’s Ahead For Mortgage Rates This Week – May 29th, 2018

Last week's economic reports included readings on sales of new and previously-owned homes along with weekly readings on mortgage rates and new jobless claims. Home Sales Lower in April Sales of new and previously-owned homes were lower in April. The Commerce Department reported sales of new homes at a seasonally-adjusted annual rate of 662,000 sales. New home sales were 1.50 percent lower than for March, but were11.60 percent higher year-over-year. Analysts expected new home sales to rise to 682,000 sales based on the March reading of 672,000 new homes sold.  Sales of new homes are calculated based on a small…
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21
May
By support
Financial Reports, ,

What’s Ahead For Mortgage Rates This Week – May 21st, 2018

Last week's economic releases included the National Association of Home Builders Housing Market Index for May, Commerce Department reports on housing starts and building permits issued. Weekly readings on mortgage rates and first-time jobless claims were also released. Home Builder Confidence Rises in May According to the National Association of Home Builders, home builders surveyed indicated higher confidence in housing market conditions for May. April's reading was downwardly revised to an index reading of 68; analysts expected a reading of 69.  May's home builder confidence reading was 70. Any reading over 50 indicates that more builders consider housing market conditions…
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