by The Mark Klein Team | Aug 8, 2016 | Mortgage Rates
Last week’s economic reports included construction spending, personal income, and multiple reports on employment. Freddie Mac’s mortgage rates survey and new jobless claims were also released. Construction Spending Dips in June According to the Commerce...
by The Mark Klein Team | Aug 1, 2016 | Mortgage Rates
Last week’s economic reports included S&P Case-Shiller Housing Market Indices, reports on new and pending home sales, Freddie Mac’s weekly mortgage rates survey. The Federal Reserve released its customary statement after the scheduled Federal Open...
by The Mark Klein Team | Jul 27, 2016 | Mortgage Rates
According to the S&P Case-Shiller 20-City Home Price Index, home price growth in May dropped to a seasonally adjusted annual rate of 5.20 percent as compared to April’s reading of 5.40 percent. Analysts said that low mortgage rates continue to support...
by The Mark Klein Team | Jul 25, 2016 | Mortgage Rates
Housing Starts, Building Permits Issued Rise Commerce Department reports on housing starts and building permits issued were released Tuesday. Housing starts rose to 1.189 million in June against expectations of 1.165 million starts and May’s downwardly revised...
by The Mark Klein Team | Jul 19, 2016 | Mortgage Rates
Home builder confidence fell slightly in June to a reading of 59 according to the National Association of Home Builders Housing Market Index. Analysts had expected no change to June’s reading of 60. June components of the HMI were also lower. Builder confidence...
by The Mark Klein Team | Jul 18, 2016 | Mortgage Rates
Last week’s economic news included reports on inflation, retail sales and weekly readings on mortgage rates and weekly jobless claims. Mortgage rates were mixed with average rate for a 30-year fixed rate mortgage rising by one basis point to 3.42 percent. The...
