Last week brought mixed news; while the Department of Commerce reported a dip in new home sales, mortgage rates also fell. The Federal Reserve's FOMC statement revealed that quantitative easing would be further reduced by an additional $10 billion monthly.
What’s Ahead For Mortgage Rates This Week – January 27, 2014
Last week was an action-packed week for economic news, and all of it was packed into Thursday.
What’s Ahead For Mortgage Rates This Week – January 20, 2014
Welcome news arrived last week as lower mortgage rates and a higher number of housing starts were reported. Other economic news was mixed.
What’s Ahead For Mortgage Rates This Week – January 13, 2014
The first post-holiday week of 2014 brought mixed economic and housing-related news. CoreLogic reported via its Housing Market Index that November home prices grew by 11.80 percent year-over-year.
What’s Ahead For Mortgage Rates This Week – January 6, 2014
The last week of 2013 brought relatively good news in view of the economic roller coaster rides caused by legislative impasse. A brief shutdown of federal government agencies, and nail-biting suspense over if and when the FOMC of the Federal Reserve would taper its quantitative easing program.
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