Last week provided several housing-related reports including New Home Sales, Pending Home Sales and Existing Home Sales reports. Case-Shiller and FHFA also released data on home prices.
Case-Shiller: Rising Home Prices Boost Inflation
December home prices rose by 0.10 percent according to the Case-Shiller 20-City Home Price Index. The composite report tracks home prices in 20 U.S. cities. December's results boosted home prices by 4.50 percent year-over-year, which is approximately double the inflation rate for 2014.
What’s Ahead For Mortgage Rates This Week – February 23, 2015
Last week's housing related reports included the National Association of Home Builders (NAHB) Housing Market Index for February, The Commerce Department's report on Housing Starts for January and Freddie Mac's weekly report on average mortgage rates. The Federal Reserve released the minutes of January's FOMC meeting, which indicated that FOMC members are in no hurry to raise the target federal funds rate.
What’s Ahead For Mortgage Rates This Week – February 16, 2015
Last week's economic news included an index of labor market conditions provided by the Federal Reserve, a report on small business sentiment, and a report from the Labor Department on job openings. Weekly jobless claims, Freddie Mac's mortgage rates report and a report on Consumer Sentiment rounded out the week.
What’s Ahead For Mortgage Rates This Week – February 9, 2015
Last week's economic news included construction spending, which fell shy of expectations but exceeded the prior month's spending, and several consumer and labor-related reports.
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