by The Mark Klein Team | Jul 11, 2016 | Mortgage Rates
Last week’s economic news included minutes from the most recent meeting of the Fed’s Federal Open Market Committee (FOMC) along with several reports on private and public sector employment and the national unemployment rate. Weekly reports on mortgage...
by The Mark Klein Team | Jul 5, 2016 | Mortgage Rates
Last week’s economic events included S&P Case-Shiller’s Housing Market Indices for April along with reports on Construction Spending and Pending Home Sales. Consumer Confidence was higher in June in spite of low wage growth and inflation well below the...
by The Mark Klein Team | Jun 27, 2016 | Mortgage Rates
Last week’s economic news was dominated by Great Britain’s vote to withdraw from the European Union. New and Existing Home Sales were released along with weekly reports on mortgage rates and new jobless claims. “Brexit” Vote Tanks Stocks, Could...
by The Mark Klein Team | Jun 20, 2016 | Mortgage Rates
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...
by The Mark Klein Team | Jun 16, 2016 | Mortgage Rates
According to its post-meeting statement issued Wednesday, the Federal Open Market Committee of the Federal Reserve voted not to increase its target federal funds rate. The target federal funds rate will remain at 0.250 to 0.50 percent. Based on review of current and...
by The Mark Klein Team | May 31, 2016 | Mortgage Rates
Last week’s economic reports included new home sales, pending home sales along with weekly mortgage rates and new jobless claims. New Home Sales Surpass Expectations Sales of new homes surpassed expectations and the prior month’s reading. April’s...
